(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
(IN BRIEF) Vattenfall is progressing with its initiative to establish a facility in Jordbro, Stockholm, capable of capturing up to 150,000 tonnes of carbon dioxide annually from a biomass-fueled heat plant. This endeavor represents a crucial step towards achieving negative … Read the full press release
(IN BRIEF) Vattenfall, a leading energy company, has achieved the highest rating in the Carbon Disclosure Project’s (CDP) environmental disclosure ranking for 2023. Among nearly 400 companies worldwide, Vattenfall has secured a place on CDP’s prestigious ‘A-list,’ recognizing it as … Read the full press release
(IN BRIEF) Airbus, Avinor, SAS, Swedavia, and Vattenfall have signed a Memorandum of Understanding to investigate the feasibility of establishing a hydrogen infrastructure at airports in Sweden and Norway. The collaboration aims to understand hydrogen aircraft concepts, operations, supply, infrastructure, … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Airbus, Anna Borg, Avinor, Guillaume Faury, Hydrogen-Powered Airports, Nordic Aviation, Norway, partnership, SAS, sustainability, Swedavia, Sweden, Vattenfall
(IN BRIEF) Danish researchers are embarking on a groundbreaking project called WIN@sea in Scandinavia’s largest offshore wind farm, Vattenfall’s Danish Kriegers Flak. This initiative, involving multiple Danish universities and companies, seeks to simultaneously produce fossil-free energy and sustainable food while … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, Food & Beverage, Sweden
Tagged AAGE V. JENSEN NATURFOND, Aarhus University, Annette Bruhn, biodiversity, cod stocks, Danish Kriegers Flak, food production, Green Energy, Kerteminde Seafarm, marine environment, mussels, offshore wind farm, offshore windfarm, OLAMUR, seaweed, seaweed pasta, the Danish Technological University, the Kattegat Centre, the University of Copenhagen, Tim Wilms, Vattenfall, VELUX FONDEN, WIN@sea project, WIN@sea's family cooking school, wind turbines
(IN BRIEF) Vattenfall’s CEO, Anna Borg, and Chairman of the Board, Mats Granryd, will participate in the World Economic Forum’s 54th Annual Meeting in Davos-Klosters, Switzerland, from January 15 to 19. The event’s theme, “Rebuilding Trust,” focuses on four interconnected … Read the full press release
(IN BRIEF) Vattenfall has achieved a significant milestone by completing the Vesterhav Syd offshore wind farm, connecting it to the Danish power grid. All 20 wind turbines at the site are now operational, supplying fossil-free electricity to approximately 170,000 Danish … Read the full press release
(IN BRIEF) Vattenfall has agreed to sell the Norfolk Offshore Wind Zone to RWE for £963 million, ensuring the continued development of three wind farms off the east coast of England. The Norfolk Zone, with a total capacity of 4.2 … Read the full press release
(IN BRIEF) Vattenfall, the European energy company, has named Alexander van Ofwegen as its new Senior Vice President and Head of Business Areas Customers & Solutions and Heat. In his new role, which begins on January 1, 2024, Van Ofwegen … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Alexander van Ofwegen, Anna Borg, appointment, leadership, Martijn Hagens, Senior Vice President, Vattenfall
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