(IN BRIEF) On February 18, 2025, the tunnel boring machine (TBM) for VERBUND’s Kaprun 2029 project began its 5.6-kilometre journey from the Limberg valve chamber to the surge tank beneath Maiskogel, marking a key milestone in the project’s modernization efforts. … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Austria, Bernd Raderbauer, environmental impact, Glück Auf, green electricity, headrace, hydropower, hydropower management, infrastructure upgrade, Jürgen Raschendorfer, Kaprun 2029, Kaprun-Hauptstufe power plant, Kathrin Aberger-Dick, Limberg valve chamber, Maria Leo, Marti Tunnel AG, Michael Amerer, modernization, PORR AG, pressure tunnel, Saint Barbara, surge tank, sustainable energy, tunnel boring machine, tunnel boring project, tunnel construction, tunnel patron, underground work, VERBUND
(IN BRIEF) Ørsted has officially launched offshore construction for the Greater Changhua 2b and 4 offshore wind farms, marking a major step forward in Taiwan’s clean energy transition. With an output of 920 MW, these wind farms will play a … Read the full press release
Posted in Business, Commodities, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged clean energy transition, CPPA, Energy Innovation, Greater Changhua, Green Energy, offshore construction, Offshore wind, partnership, renewable energy, sustainability, sustainable energy, Taiwan, wind farms, Ørsted
(IN BRIEF) Lion Storage, a Dutch energy storage developer, has reached financial close on the Mufasa project, set to become one of Europe’s largest battery energy storage systems (BESS). With a storage capacity of 1,400MWh and a power capacity of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Battery Energy Storage System, BESS, Eneco, energy storage, energy transition, Lion Storage, Macquarie Capital, Mufasa, Netherlands, power grid stabilization, project financing, renewable energy, Renewable Infrastructure, Return, sustainability, sustainable energy, Tesla, TINC
(IN BRIEF) RWE has launched one of Germany’s largest battery storage systems at its Hamm and Neurath sites, providing 220 MW of capacity to help stabilise the electricity grid. The system contributes to energy market balancing and is integrated into … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged balancing energy markets, battery storage, electricity grid, energy infrastructure, energy storage, energy transition, grid stability, Growing Green strategy, Hamm, Neurath, partnership, renewable energy, RWE, storage capacity, sustainability, sustainable energy
(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Alain Papiasse, Ambroise Fayolle, BNP Paribas, corporate banking, EIB, Energy Independence, energy transition, EU, EU renewable energy targets, European Investment Bank, European Wind Power Package, grid interconnections, industrial competitiveness, INNOVATION, InvestEU, investments, low-carbon economic model, low-carbon energy, net-zero emissions, partnership, renewable energy, supply chain efficiency, sustainability, sustainable energy, wind energy, wind farms, Yannick Jung, €8 billion
(IN BRIEF) RWE has launched its first solar project in Saxony, the Schönau solar farm in Wildenfels, which will generate around 21 million kilowatt-hours of renewable energy annually. The farm, spanning 20 hectares with 36,000 solar modules, will power approximately … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 000 solar modules, 21 million kilowatt-hours, 36, bifacial modules, biodiversity, community benefits, Deutsche Kreditbank AG, DKB, energy transition, Germany, Katja Wünschel, meadow pipits, partnership, Photovoltaic, renewable energy, RWE, RWE Renewables Europe & Australia, sand lizards, savings bond, Saxony, Schönau solar farm, sheep grazing, skylarks, sustainability, sustainable energy, Wildenfels, Zwickau
(IN BRIEF) STORAG ETZEL GmbH and EnBW Etzel Speicher GmbH have secured a contract for the development of new hydrogen storage caverns at the Etzel site, which will have a total capacity of over one million cubic meters. EnBW will … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged above-ground hydrogen facility, Boris Richter, cavern facility, caverns, climate-neutral Germany, EnBW Etzel Speicher GmbH, energy transition, Etzel site, H2-ready, hydrogen capacity, hydrogen energy, hydrogen market, Hydrogen Storage, investment decision, North Sea-Benelux corridor, oil and gas storage, partnership, Peter Bux, Regulatory framework, south-west Germany, STORAG ETZEL GmbH, sustainability, sustainable energy
(IN BRIEF) Terna has announced an investment of approximately €50 million to convert a portion of the “Mercallo – Cameri” power line into a 132 kV underground cable, aimed at enhancing energy transmission efficiency while minimizing environmental impact. The project … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 132 kV power line, Bellinzago Novarese, Borgo Ticino, Cameri, efficiency, electrical pylons, electricity grid, energy transmission, environmental impact, Giuseppina Di Foggia, investment, Italian electricity system, Marano Ticino, Mercallo - Cameri, Oleggio, overhead power lines, partnership, Pombia, renewable energy, sustainability, sustainable energy, Terna, Ticino Natural Park, underground cable, Varallo Pombia, €50 million
(IN BRIEF) Amazon and Iberdrola have expanded their renewable energy partnership with new power purchase agreements (PPAs) in Portugal and Spain, adding 476 MW of renewable capacity to their collaboration. The new agreements include Amazon’s first PPA in Portugal for … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Technology
Tagged 000 GWh, 66, Amazon, Amazon Climate Pledge, Amazon WorkSpaces Core, aws, AWS scalability, carbon-free electricity, clean energy, decarbonization, DOMINA Renewables Operations & Maintenance ecosystem, energy transition, Iberdrola, Iberdrola global portfolio, Iberdrola renewables, net-zero carbon emissions, partnership, Pexapark Renewables Market Outlook, PORTUGAL, Power Purchase Agreements, PPAs, renewable energy, Spain, sustainability, sustainable energy, Tâmega Wind Complex, Virtual Desktop
(IN BRIEF) Iberdrola achieved significant milestones in 2024, setting records in electricity distribution, renewable generation, and green capacity. The company transported a record amount of electricity, saw a rise in renewable energy production, and increased its renewable capacity to new … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged 2024 milestones, carbon-free energy, clean energy, economic efficiency, electricity distribution, electrification, Energy Independence, green capacity, Iberdrola, pumped storage, renewable energy, renewable generation, strategic plan, sustainability, sustainable energy
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to Crnogorski Elektrodistributivni Sistem (CEDIS) to enhance Montenegro’s energy infrastructure. The funding will be used to introduce advanced SCADA and ADMS systems, along with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Technology, United Kingdom
Tagged ADMS, CEDIS, competitiveness, Crnogorski Elektrodistributivni Sistem, Cybersecurity, digitalisation, EBRD, Elektroprivreda Crne Gore, Energy Community, energy efficiency, energy sector, energy transition, EPCG, EU, European Bank for Reconstruction and Development, funding, Green Energy, infrastructure upgrades, Montenegro, Operational Efficiency, partnership, Remon Zakaria, renewable energy, SCADA system, smart meters, sustainability, sustainable energy, technical losses, Vladimir Ivanović, Western Balkans Investment Framework
(IN BRIEF) Borealis has signed a long-term power purchase agreement with Aspiravi to secure 120 GWh of renewable energy annually from Belgian wind farms. This partnership will significantly reduce Borealis’ Scope 2 emissions and supports the company’s goal of sourcing … Read the full press release
Posted in Austria, Belgium, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Aspiravi, Belgium, Bernard Steverlynck, Borealis, decarbonization, economic growth, onshore wind turbines, partnership, Power Purchase Agreement, PPA, renewable energy, renewable energy sourcing, scope 2 emissions, sustainability, sustainable development, sustainable energy, Wolfram Krenn
(IN BRIEF) ENGIE has been driving its energy transition strategy since 2021, with significant changes in its asset portfolio, organizational structure, and culture in line with its Net Zero Carbon commitment by 2045. The company is restructuring its Global Business … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 2045, asset portfolio, B2B, B2C, Biljana Kaitovic, biomethane, Catherine MacGregor, CCGT, Cécile Prévieu, CEO, Claire Waysand, combined cycle gas turbine, Data Center strategy, decarbonization, e-molecules, Édouard Neviaski, energy markets, energy systems, energy transition strategy, ENGIE, European leadership, Executive Committee, flexible assets, Frank Lacroix, full-year results, GBU Local Energy Infrastructures, GBU Networks, GBU Renewables and Flex Power, GBU Supply & Energy Management, GROWTH, hydrogen, Jean-Sébastien Blanc, market update, Net Zero Carbon, Organizational Structure, Paulo Almirante, Pierre-François Riolacci, power grids, renewable energy, Sébastien Arbola, sustainability, sustainable energy, synergies, Thierry Saegeman
(IN BRIEF) DNV has announced that Elizabeth Kaiga, Chief Commercial Officer for Energy Systems North America, has been appointed to the Board of Directors of the American Council on Renewable Energy (ACORE). Kaiga, with over 20 years of industry experience, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Norway, Technology
Tagged ACORE, American Council on Renewable Energy, appointment, Board of Directors, certification, Chief Commercial Officer, clean energy economy, collaboration, commercial activities, customer experience, decarbonization, digital solutions, DNV, DNV Energy Systems, Elizabeth Kaiga, energy deployment, Energy Systems North America, energy transition, equitable access, finance, leadership, market insights, North America, policy, President and CEO, Ray Long, renewable energy, Risk Reduction, sustainable energy, technology, U.S. energy industry
(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged clean energy, decarbonization, digitalization, district heating expansion, district heating network, EIB, electric vehicle chargers, electricity demand, electricity grid, energy transition, European Investment Bank, Federal Network Agency, gas and oil heating systems, Germany, grid infrastructure, grid modernization, heat pumps, Jens Balcerek, local energy generation, Nicola Beer, partnership, renewable energy, renewable energy generation, Reutlingen, solar power, Stadtwerke Reutlingen, sustainability, sustainable energy, wind power, €327.7 billion investment, €70 million loan
(IN BRIEF) VTTI has launched VIDA bioenergy, a fully owned subsidiary focused on producing renewable energy by converting biomass into biomethane, biogenic CO2, and organic fertilizer. Led by CEO Lars Boetje, VIDA bioenergy will operate independently from VTTI, enabling flexibility … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Netherlands, News, Technology
Tagged 2030 biomethane production, 2040 biomethane potential, 2050, biogenic CO2, Biomass, biomethane, climate neutrality, decarbonisation, EU Green Deal, EU Green Deal targets, EU National Energy and Climate Plans, European biogas market, heavy transport, industrial heating, job creation, Lars Boetje, organic fertilizer, renewable energy, renewable energy goals, sustainability, sustainable energy, VIDA bioenergy, VTTI, VTTI CEO Guy Moeyens
(IN BRIEF) A consortium of British universities, including Newcastle, Northumbria, Teesside, Durham, and Cranfield, is collaborating with Saudi Arabian universities and industrial partners to establish a Joint International Institute for Clean Hydrogen. Announced by UK Prime Minister Keir Starmer during … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Industrial, United Kingdom
Tagged British universities, Cranfield, Durham, engineers, fossil fuels, global innovation, green energy agenda, Gulf visit, industrial partners, Joint International Institute for Clean Hydrogen, local communities, net zero, Newcastle, Newcastle United, Northumbria, Prime Minister Keir Starmer, Princess Nourah University, RESEARCH, Saudi Arabia, sustainable energy, Teesside, UN Sustainable Development Goals
(IN BRIEF) Voith and Mehrer Compression GmbH have entered a strategic partnership to develop hydrogen compression technology, combining Voith’s expertise in large-scale manufacturing with Mehrer’s long-standing specialization in oil-free compressors. The partnership will focus on creating efficient, high-pressure hydrogen compressors … Read the full press release
(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release
(IN BRIEF) E.ON, a prominent energy company, is undergoing a strategic brand realignment to reflect its active role in driving the energy transition towards sustainability. The new brand positioning emphasizes E.ON’s commitment to shaping Europe’s sustainable energy future and taking … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Management, Marketing, Technology
Tagged brand positioning, corporate strategy, digitalization, E.ON, electricity distribution grids, energy generation, energy transition, INNOVATION, Julian Lennertz, Lars Rosumek, sustainable energy
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