(IN BRIEF) Neste has agreed to sell its NAPCON digital solutions business to Lummus Technology, a global leader in hydrocarbon processing technologies. NAPCON includes advanced software for process optimization, AI-driven analytics, and operator training. The deal, expected to close by … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged AI-based process optimization, digital transformation, Ferroman, industrial AI, Industry 4.0, Leon de Bruyn, Lummus Digital, Lummus Technology, Markku Korvenranta, NAPCON, Neste, operator training, partnership, plant efficiency, Process Automation, process safety, refinery analytics, smart manufacturing, sustainable energy, TCG Digital, tech acquisition 2025
(IN BRIEF) Effective 1 May 2025, Ørsted is expanding its Group Executive Team with the appointments of Amanda Dasch as Chief Development Officer and Godson Njoku as Chief Generation Officer. Dasch will lead commercial development and strategic functions globally, while … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Industrial, Management, News, Technology
Tagged Amanda Dasch, appointment, commercial development, corporate governance, Denmark, energy generation, energy industry, energy leadership, executive appointments, global strategy, Godson Njoku, Group Executive Team, leadership, Offshore wind, organizational restructuring, project execution, Rasmus Errboe, renewable energy, Shell, sustainable energy, United Kingdom, wind power, Ørsted
(IN BRIEF) 50Hertz Transmission GmbH has appointed Christine Janssen as its new Chief Financial Officer, succeeding Marco Nix who became CFO of Elia Group earlier this month. Janssen brings deep expertise in finance, regulation, and energy systems from her previous … Read the full press release
Posted in Berlin, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged 50Hertz, CFO appointment, Christine Janssen, electricity grid, electricity transmission, ELIA Group, energy transition, executive leadership, finance leadership, gender parity, German energy industry, infrastructure investment, MITNETZ GAS, MITNETZ STROM, partnership, PwC, regulatory expert, Stefan Kapferer, strategic growth, sustainability, sustainable energy
(IN BRIEF) ABL has been appointed as marine warranty surveyor for the Inch Cape Offshore Wind Farm, a 1.1 GW offshore wind project off the coast of Scotland. The consultancy will manage marine assurance for the transport and installation of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged 1.1 GW wind farm, ABL, ABL Aberdeen, Ashley Perrett, cable installation, Cockenzie, East Lothian, energy infrastructure, Green Energy Projects, Inch Cape Offshore Wind Farm, marine logistics, marine warranty surveyor, MWS services, North Sea wind farms, offshore substation, Offshore wind, partnership, renewable energy, Scotland offshore wind, sustainability, sustainable energy, UK energy transition, UK wind energy, vessel inspections, wind turbine installation
(IN BRIEF) A research team from Oxford University Physics Department has developed an innovative solar energy technology that bypasses the need for traditional silicon panels. The new method involves coating everyday surfaces such as mobile phones, vehicles, and backpacks with … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged AIST certification, breakthrough technology, commercial solar innovation, Dr Junke Wang, Dr Shuaifeng Hu, energy efficiency over 27%, everyday objects, flexible solar coating, innovative solar technology, light-absorbing material, multi-junction approach, Oxford PV, Oxford University Physics Department, Professor Henry Snaith, renewable energy, silicon-free solar cells, solar electricity, sustainable energy, thin-film perovskite, traditional photovoltaics
(IN BRIEF) Skanska has signed a SEK 990 million contract with Stockholm Exergi to undertake Phase 2 of the Beccs Stockholm facility project, which includes building the foundations and constructing a quay. The facility, situated in Energihamnen in Värtan near … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged 2028 completion, Beccs Stockholm, Bio-CCS, carbon capture, climate-positive, CO₂ storage, Energihamnen, EU Innovation Fund, foundations, negative emissions certificates, partnership, quay construction, SEK 990 million, Skanska, state aid, Stockholm Exergi, sustainability, sustainable energy, Värtan, Värtaverket
(IN BRIEF) Equinor has announced that natural gas from its Halten East field will be exported to Europe, a move that significantly strengthens the region’s energy security. The press release details how years of investment and technological advancements have enabled … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged digital innovation, economic recovery, energy security, energy transition, environmental stewardship, Equinor, Europe, Halten East, natural gas, offshore production, Operational Excellence, partnership, sustainability, sustainable energy
(IN BRIEF) DNV has issued an approval in principle for a newly developed LCO₂ carrier design, a project undertaken by Shell and Brevik Engineering. The vessel design has been rigorously evaluated and is recognized for meeting the stringent safety, technical, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, News, Norway, Technology, Transportation & Logistics
Tagged approval in principle, Brevik Engineering, carbon capture, DNV, environmental technology, greenhouse gas reduction, innovative design, LCO2 carrier, liquid carbon dioxide, maritime transport, Shell, sustainable energy
(IN BRIEF) The European Investment Bank has approved a €200 million loan to Latvenergo AS to upgrade Latvia’s electricity distribution network, enhancing reliability for nearly 1.9 million customers while integrating digital innovations and renewable energy sources. Scheduled for completion by … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Technology
Tagged Climate Action, digital innovation, EIB, Electricity distribution network, energy security, European Investment Bank, financing accord, green credentials, Guntars Baļčūns, Latvenergo AS, Latvia, National Energy and Climate Plan, partnership, renewable energy, sustainability, sustainable energy, Thomas Östros, €200 million loan
(IN BRIEF) INERATEC secures €40 million in venture debt from the European Investment Bank and €30 million in grants from Breakthrough Energy Catalyst to expand its e-Fuel production capacity. The funding supports the development of Europe’s largest sustainable e-Fuel plant … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Aviation, Breakthrough Energy Catalyst, clean technology, decarbonization, e-Fuel, European Investment Bank, Frankfurt, INERATEC, INNOVATION, partnership, Power to Liquid, sustainability, sustainable energy
(IN BRIEF) Vitol Asia Pte Ltd has signed a 10-year LNG supply agreement with LNGPH—the integrated LNG power facilities of SPPC and Excellent Energy Resources Inc—to deliver up to 0.8 million metric tons of LNG annually starting in 2025. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 0.8 million metric tons, 10-year deal, 2025, AboitizPower, Batangas LNG Terminal, cleaner energy transition, EERI, energy security, Excellent Energy Resources Inc, Jay Ng, Linseed Field Power Corporation, LNG partnership, LNG supply agreement, LNGPH, Luzon power needs, Meralco PowerGen Corporation, Pablo Galante Escobar, partnership, PHILIPPINES, San Miguel Global Power, SPPC, sustainability, sustainable energy, Vitol Asia Pte Ltd, Yari A. Miralao
(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
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