TotalEnergies has announced the launch of a pilot project involving a floating wind turbine to provide renewable power to the Culzean offshore platform in the UK North Sea, marking a significant step towards decarbonization in offshore oil and gas operations. The 3 MW floating wind turbine will be situated 2 km west of the Culzean […]
Essar Energy Transition (EET) has announced the initiative of launching EET Hydrogen Power, set to be Europe’s inaugural hydrogen-ready combined heat and power plant (CHP). This strategic development is taking place at the Stanlow refinery with an ambitious completion target for 2027. The project marks a significant leap towards achieving EET Fuels’ goal of becoming […]
In a significant advancement for corporate sustainability, Iberdrola has completed the acquisition of the remaining 80% stake in Balantia, a company specializing in energy efficiency and decarbonization. This move consolidates Iberdrola’s commitment to accelerating the decarbonization of corporate sectors across Europe, enhancing their operational stance in sustainable business practices. Balantia, known for its robust technological […]
In a significant move towards sustainable energy, the European Investment Bank (EIB) has partnered with Cepsa to fund the construction of a pioneering advanced biofuels plant. The €285 million loan agreement facilitates the establishment of this facility adjacent to the La Rábida Energy Park in Andalusia, aiming to boost the region’s economy and advance Europe’s […]
Saint John Energy (SJE), a prominent Canadian municipal utility, has entered into a strategic multi-year partnership with Kraken Technologies, a leading provider of utility software-as-a-service solutions. This collaboration marks Kraken’s first integrated partnership in the North American energy market, setting a significant milestone for both entities. Partnership Details and Objectives Under this partnership, SJE will […]
EP Corporate Group a.s. (EPCG) has agreed to acquire a 20% stake in the steel business of thyssenkrupp AG, marking a pivotal move in the steel industry. The transaction, which is set to close within the current fiscal year of thyssenkrupp AG, is subject to approval from relevant authorities and the Supervisory Board of thyssenkrupp […]
In a landmark move towards sustainable development in transport and mobility, RITES Ltd., a leading transport infrastructure consultancy, has forged a strategic partnership with the Indian Institute of Technology, Madras (IIT-Madras). This collaboration is set to pioneer green energy projects with a focus on the infrastructure for transportation and storage of green hydrogen and green […]
In an ambitious move to revolutionize the infrastructure of green energy within the transportation sector, RITES Ltd., a leading transport infrastructure consultancy, has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Madras (IIT-Madras). This collaboration is set to explore groundbreaking solutions in the transportation and storage of green hydrogen and […]
In a significant milestone for both India and the global renewable energy (RE) sector, Adani Green Energy Limited (AGEL), India’s largest renewable energy company, has announced that it has exceeded 10,000 megawatts (MW) of operational capacity. This achievement underlines AGEL’s role as a front-runner in the clean energy transition, with its operational portfolio now delivering […]
Unilever, the global consumer goods giant, has announced an ambitious initiative to drastically reduce carbon emissions across its Ice Cream Business Group’s four U.S. manufacturing facilities. The project, which aims to cut 14,000 metric tons of carbon emissions annually, has been selected for award negotiations by the U.S. Department of Energy, potentially receiving up to […]