(IN BRIEF) BASF’s Performance Materials division has completed a major sustainability milestone by transitioning all its European production sites to renewable electricity, starting in 2025. This step affects the company’s manufacturing of Engineering Plastics, Polyurethanes, Thermoplastic Polyurethanes, and Specialty Polymers. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged #OurPlasticsJourney, 2030, 3B Fibreglass, alternative raw materials, BASF, BASF's climate goals, circular economy, climate-neutral, CO2 emissions, CO2 footprint, engineering plastics, green steam, greenhouse gas emissions, Ludwigshafen, Martin Jung, offshore wind farm, Performance Materials division, polyurethanes, renewable electricity, renewable energy, specialty polymers, sustainability, thermoplastic polyurethanes, Vattenfall
(IN BRIEF) Vattenfall and design studio Superuse have converted the nacelle of a decommissioned wind turbine into a compact, sustainable tiny house, which is being showcased at Dutch Design Week. The project demonstrates innovative reuse of turbine materials, featuring modern … Read the full press release
Posted in Art & Culture, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Malta, Management, Netherlands, News, Sweden, Technology
Tagged Dutch Design Week, Netherland, partnership, Recycled Wind Turbine, Superuse, sustainability, Tiny House Made, Vattenfall
(IN BRIEF) Vattenfall has been recognized as a leader in sustainability within the renewable energy sector following an independent assessment under the International Responsible Business Conduct (IRBC) Agreement. This agreement unites various stakeholders, including businesses, trade unions, and civil society … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Arjan Pouw, Awards, Kristin Tallbo, leadership, renewable energy, sustainability, Vattenfall
(IN BRIEF) Vattenfall is actively pursuing the development of electrofuels for the aviation industry, specifically focusing on producing electro-sustainable aviation fuel (eSAF) on a large scale. Despite this ambition, the market remains hesitant, with significant growth expected to be delayed … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Aviation, electro-sustainable aviation fuel (eSAF), Electrofuels, Mikael Nordlander, partnership, Per Sundell, sustainability, Vattenfall
(IN BRIEF) Vattenfall has launched its first agri-PV park, Symbizon, in the Netherlands, which combines solar energy generation with agriculture. Though small at 0.7 MWp capacity, the project aims to optimize the coexistence of solar panels and farming, with solar … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Agri-PV Park, Eric Tonnaer, farming, Netherlands, partnership, solar power, sustainability, Symbizon, Vattenfall
(IN BRIEF) Vattenfall has announced the appointment of Johan Dasht as the new Senior Vice President of its Business Area Generation, which focuses on hydro and nuclear power operations. Dasht, who currently heads Vattenfall’s hydro operations in the Nordics, will … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Anna Borg, appointment, Head of Hydro, Johan Dasht, leadership, Nuclear Power Operations, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) Vattenfall has appointed Johan Dasht as the new Senior Vice President of its Business Area Generation, effective November 1. Dasht, currently leading the company’s hydro operations in the Nordics, will oversee Vattenfall’s hydro and nuclear power divisions. He … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Anna Borg, appointment, Business Area Generation, Johan Dasht, leadership, Senior Vice President, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) Vattenfall has announced a new sustainability goal to ensure 100% circular recycling of permanent magnets from its wind turbines, starting with decommissioned units from 2030. This initiative aims to address the environmental and supply challenges associated with rare … Read the full press release
(IN BRIEF) On September 4, 2024, Vattenfall announced it has secured Contracts for Difference (CfD) for two significant renewable energy projects in the UK. The Clashindarroch II onshore wind farm and the Kemberton solar farm will collectively add 100 MW … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, United Kingdom
Tagged Clashindarroch II onshore wind farm, Contracts for Difference (CfD), Frank Elsworth, Kemberton solar farm, partnership, renewable energy, sustainability, UK, Vattenfall, Wind and Solar Projects
(IN BRIEF) Vattenfall recently participated in a Paris event hosted by French Minister Christophe Béchu, focusing on improving women’s access to careers in energy and ecology transition. Through their partnership with Marie Claire’s “Act for Equality,” Vattenfall highlighted their commitment … Read the full press release
(IN BRIEF) The owners of Sweden’s Forsmark and Ringhals nuclear power plants have decided to extend the operational life of their reactors from 60 to 80 years. This initiative aims to increase the production of fossil-free electricity into the 2060s, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Björn Linde, Forsmark and Ringhals Nuclear Plants, fossil-free electricity, partnership, sustainability, Sweden, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) Vattenfall recently concluded its Diversity Month, a series of events aimed at highlighting the various dimensions of diversity within the company. From gender and sexual orientation to ethnicity and worldview, the initiative emphasized the importance of equity in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Media, News, Society, Sweden
Tagged Åsa Jamal, Diversity Month, equality, LGBTQ+, Max Appenroth, Pride Season 2024, society, Vattenfall
(IN BRIEF) Vattenfall has finalized the transfer of all shares in Vattenfall Wärme Berlin AG, including power plants, grids, subsidiaries, and employees, to the State of Berlin for approximately 1.4 billion euros. This strategic move aligns with Berlin’s goal to … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Berlin, Heating Business, partnership, sustainability, Vattenfall
(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Sweden
Tagged Andreas Regnell, Anna Borg, Financial, investment, Kerstin Ahlfont, renewable energy, Vattenfall
(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Anna Borg, BASF, Germany, Martin Brudermüller, Nordlicht Wind Farm, partnership, renewable energy, sustainability, Vattenfall
(IN BRIEF) Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm marks a significant shift in offshore wind turbine construction with the introduction of reusable monopile covers. Traditionally, covers were disposed of after use, but this innovative solution, developed by CCM B.V., … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden
Tagged CCM B.V., construction, Hollandse Kust Zuid (HKZ), Michiel Kraak, Monopile Covers, Netherlands, offshore wind farm, Olaf Rick, partnership, sustainability, Vattenfall
(IN BRIEF) Vattenfall’s ambitious Norrbäck and Pauträsk wind project, comprising 111 turbines with a combined output of 530 MW, has successfully obtained its final environmental permit. With an anticipated annual production of 2 TWh, these wind farms, located across Lycksele, … Read the full press release
(IN BRIEF) Vattenfall’s commitment to minimizing its carbon footprint and achieving net zero emissions by 2040 has been reinforced with the company’s receipt of the Supplier Engagement Leader Award from CDP for the second consecutive year. The award recognizes Vattenfall’s … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Sweden
Tagged Awards, Helle Herk-Hansen, Supplier Engagement Leader Award, sustainability, Vattenfall
(IN BRIEF) In the midst of International Women’s Day celebrations, Vattenfall, a key player in the energy market, showcases its commitment to gender diversity and equality. With women outnumbering men in top-level management, including the CFO Kerstin Ahlfont, Vattenfall highlights … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Media, News, Society, Sweden
Tagged Anna Borg, ENERGY, Equal by 30, gender diversity, International Women's Day, Kerstin Ahlfont, leadership, society, Vattenfall, WOMEN
(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release
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