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The European Investment Bank (EIB) has signed an agreement to co-finance the construction of Poland’s first offshore wind farm — one of the largest in the world — with a...
TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least four GW of onshore renewable projects in multiple geographies. The partnership aims...
TotalEnergies has announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris. This new investment follows those announced in June 2023...
Germany is on track to generate over 50% of its power from renewable energy in 2023, but needs to ramp up the speed of its transition towards the end of...
Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, has tightened its climate risk demands on companies it invests in. The fund, which pools the Norwegian state’s revenues from oil...
MEPs approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. The RefuelEU aviation rules are part of the “Fit...
Ingka Group, the largest IKEA retailer, announces it has signed an agreement with H2 Green Steel for the delivery of green steel, to be used in IKEA warehouse racking. The...
Deutsche Bank and the European Investment Bank (EIB) are entering a new cooperation to support mid-sized companies with their sustainable transformation ambitions. Firms with between 250 and 3,000 employees will...
EU Parliament voted to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. The update of the Renewable Energy Directive (RED), already agreed upon...
Google has signed its first long-term renewable energy deal in Ireland, a 58 megawatt (MW) agreement with Power Capital Renewable Energy for new-to-the-grid capacity from the Tullabeg Solar Farm. The...
The European Union is cracking down on fast fashion waste, with new rules that would require retailers to contribute to the cost of collecting used clothes for reuse and recycling....
Securitization style warehouse facility will expand deployment of Redaptive’s metering, energy saving, and energy generating projects Redaptive, Inc., the Energy-as-a-Service (EaaS) leader, has announced it secured $125 million in financing from Deutsche...
Sorenson, the leading language services provider of inclusive communication services for Deaf, hard-of-hearing, and diverse people, today announced a partnership with Leicestershire Fire and Rescue Services (LFRS) in the U.K. through SignVideo by...
TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration...
Pope Francis said that he was writing a follow-up to his landmark 2015 encyclical on the protection of the environment and the dangers of climate change “to bring it up...
Greenhouse gas emissions in the European Union fell by nearly 3% in the first quarter of 2023, even as the bloc’s economy grew slightly, statistics agency Eurostat said. The EU’s emissions...
German conglomerate Siemens (SIEGn.DE) said it will start producing solar energy equipment in the United States in 2024 through a contract manufacturer in Wisconsin. The announcement marks a move by one of...
The German Federal Network Agency announced that RWE has been granted awards for Nordseecluster B. This involves the N-3.6 and N-3.5 sites in the German North Sea, on which RWE...
EU antitrust regulators extended their deadline for a decision on Adobe’s (ADBE.O) $20 billion bid for cloud-based designer platform Figma by two weeks to Jan. 8, a regulatory filing showed. The European...
Germany will top up a pot to fund climate-protection measures and investment in semiconductor production by about €20 billion ($22 billion) to more than €200 billion, according to people familiar...
Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and the Irish renewable-focused integrated utility Energia Group, announce a partnership to co-develop offshore wind projects in Ireland...
TotalEnergies, Baker Hughes, Technip Energies, Azimut and other investors have signed preliminary agreement to invest in Zhero Europe in order to develop large scale renewable energies projects in Europe and...
IFC, the private sector arm of the World Bank, signed an agreement with the government of Switzerland to begin the second phase of the Sustainable Cities program, which supports green...
Iberdrola has moved forward with its international expansion by completing the purchase of two onshore wind farms in Poland, owned by Greenvolt Power, a subsidiary of Greenvolt Group. The projects are...
BBVA and Wallbox, one of the world’s leading providers of electric vehicle charging and energy management solutions, have signed a €25 million financing agreement, with which the bank intends to...
The European Investment Bank (EIB) is financing Munich-based VoltStorage GmbH with a venture debt loan of €30 million. The aim is to co-finance the development and commercialisation of innovative Vanadium redox flow...
The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. The renewable...
Increased investment will strengthen the strategic partnership formed by Low Carbon and MassMutual in 2021 as they target 20GW of renewable energy capacity by 2030 Global renewable energy company Low...
Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in the Norwegian project developer Fuella AS. The Company is an independent developer of...
During their first two years, the EU Missions in Horizon Europe have supported the Commission’s work on the European Green Deal, making Europe fit for the Digital Age, and Europe’s Beating Cancer Plan. Since their inception, EU Missions...
Hydro Rein and GreenGo Energy are expanding on their existing partnership to develop two new early phase solar projects in Denmark, with a combined capacity of 410 MW. The two...
Climate Fund Managers (CFM), a leading climate-centric blended finance fund manager and manager of renewable energy focused blended fund, Climate Investor One, announced that CI1 achieved commercial close of a $102...
ING and the European Investment Bank have strengthened their long-term partnership by making over €600 million available for new loans and leases to small and medium-sized enterprises in the Netherlands,...
Following on from the major financial partnership signed in 2019 to support the transition to a sustainable economy via green vehicle development, the European Investment Bank (EIB) and ALD | LeasePlan, the...
The EU and Uruguay have decided to step up their cooperation in pursuing the clean energy transition. At the EU-CELAC Summit in Brussels, Commissioner for Energy Kadri Simson and Uruguay’s Minister for...
During the EU-CELAC Summit of Heads of State and Government, the European Investment Bank (EIB) announced the signature of its first ever residential mortgage-based loan to finance access to energy efficient...
A targeted IFC investment aims to increase access to residential mortgages in Romania while helping mitigate climate change and strengthen the country’s banking sector. IFC is providing EUR 100 million...
At the EU-CELAC Summit in Brussels the EU and Argentina have taken a further step in their energy cooperation with the signature of a MoU. Signed by European Commission President...
The European Investment Bank (EIB), the world’s largest multilateral public bank, and Banco Santander (Brasil), the largest foreign bank in Brazil, have signed an agreement to foster the use of...
The EU Commission is awarding over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund. With a focus on the REPowerEU Plan and phasing out Europe’s...
During the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government, the European Investment Bank (EIB) will announce the signature of several loans to...
The Volkswagen Group and its Elli brand became the first automotive company to start trading on the German electricity market of Europe’s largest power exchange, EPEX Spot. The basis for...
Iberdrola, one of the world’s largest renewable energy companies, and Vodafone, the largest pan-European and African telecoms company, have signed new clean PPA in Spain and Portugal, adding to a recent agreement...
MEPs approved new rules on more alternative fuel stations for cars and trucks, simple and easy recharging, and on cleaner maritime fuels. The new rules are part of the “Fit for...
The EU Parliament has adopted its position for negotiations with Council on rules to reduce pollution and steer large agro-industrial installations in the green transition. The European Parliament’s position on...
Netherlands-based provider of autonomous charging solutions for electric transport Rocsys BV has signed a €18 million quasi-equity deal with the European Investment Bank (EIB). The agreement will provide Rocsys with financing...
The joint venture between Plenitude and CDP Equity continues to expand through new plants with a total capacity of up to 200 MW. The photovoltaic farms are set to be...
The European Commission has approved, under EU State aid rules, the modification of a Dutch scheme to reduce greenhouse gas emissions. The scheme will further contribute to achieving the Netherlands’...
On June 30, 2023, Copenhagen Infrastructure Partners (CIP) reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received –...
The EU Commission is proposing rules to make producers responsible for the full lifecycle of textile products and to support the sustainable management of textile waste across the EU. This initiative will accelerate the...
The European Investment Bank (EIB) has granted a €62 million loan to Azienda Mobilità Trasporti Turismo e Territorio S.p.A. (AMT3) to promote the transition to sustainable mobility with low environmental impact...
More than 300 new electric vans from Rivian will hit the road in Germany in the coming weeks The state-of-the-art vehicles provide drivers with an entirely new working environment, including...
Moray West, a major offshore wind farm development 22km off the coast of the Moray Firth, is expected to supply 50 percent of Scotland’s electricity, which will generate enough power...
Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolysers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by...
Endesa, ICO and the European Investment Bank (EIB) have joined forces once again to boost the rollout of renewable energy in Spain. To this end, Endesa CEO José Bogas, ICO...
OMV Petrom, the largest integrated energy company in Southeast Europe, signed an agreement for the purchase of several projects for the construction of photovoltaic parks in Teleorman county. The projects are being...
Germany and South Africa on Tuesday agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa’s huge renewable resource potential to meet 2050...
BBVA Asset Management published its first report on environmental activity, based on the recommendations of the Task Force on Climate Financial Disclosures (TCFD). It is the first Spanish asset manager...
The report, adopted with 46 votes in favour, 41 against and 1 abstention, sets stricter 2030 limit and target values for several pollutants including particulate matter, NO2, SO2 and O3...
Today, on the occasion of the Summit for a New Global Financing Pact, which aims to build a new consensus for a more inclusive international financial system, Senegal and the...
The EU Commission has selected 107 transport infrastructure projects to receive over €6 billion in EU grants from the Connecting Europe Facility (CEF), the EU’s instrument for strategic investment in transport infrastructure. Over 80% of...
Velis Real Estate Tech, one of the fastest growing PropTech SaaS companies in Europe, announced today a significant growth investment from a group of international investors. Additionally, Velis’ leadership team with...
The European Commission has approved a €1.1 billion Hungarian scheme to support electricity storage facilities to foster the transition to a net-zero economy. The scheme was approved under the State...
Six European companies will invest in projects worth a total of 1.2 trillion won ($929.27 million) in South Korea, spanning areas such as batteries and renewable energy, the country’s industry...
The European Investment Bank priced its first ever SEK 1 billion digital Climate Awareness Bond (CAB) using so|bond, the sustainable and open digital bond platform built on blockchain technology launched...
During the visit of Prime Minister Mark Rutte from the Netherlands and Prime Minister Mette Frederiksen from Denmark to President Cyril Ramaphosa, a Heads of Agreement has been concluded with...
LEAG to develop up to 14 GW of renewable generation paired with 2-3 GWh of energy storage and 2 GW of green hydrogen production ESS Tech Inc., a leading global...
Chile and the European Union will sign a MOU soon to develop value-added lithium projects in Chile, Ursula von der Leyen, president of the European Commission, said on Wednesday. Speaking...
Maersk, a leading innovator in integrated and sustainable logistics solutions, announces a new initiative to reduce GHG emissions in hinterland container transports by purchasing 25 state-of-the-art Volvo FH electric trucks...
The island of Astypalea serves as a future laboratory for smart, sustainable mobility. As part of a joint project of the Volkswagen Group and the Hellenic Republic, it is to...
A.P. Moller – Maersk has successfully secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. Achieving this green fuel milestone is a significant step for...
The European Commission has put forward a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework. The transition to a climate-neutral and...
All new government buildings in Norway should have solar panels from 2024 as part of a wider plan to expand the use of the technology, according to a budget deal...
Iberdrola, a world leader in green energy, and Trammo, the world largest seaborne trader of anhydrous ammonia, have signed the largest green ammonia framework agreement in Europe to date for...
Ford opened the Cologne Electric Vehicle Center, a hi-tech production facility in Germany that will build Ford’s new generation of electric passenger vehicles for millions of European customers. Ford has...
The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19...
The European Union’s Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernise their energy systems, reduce greenhouse gas emissions in energy, industry and...
Launching in 2030, the world’s most energy-efficient cruise ship will use 60 MWh batteries, retractable sails with solar panels, and A.I. maneuvering to eliminate emissions Weeks before its 130th anniversary, Hurtigruten Norway unveiled...
Ahead ofthe Paris Air Show held in Le Bourget, TotalEnergies is stepping up production of sustainable aviation fuel (SAF) and low carbon energies of its Grandpuits site. These investments reflect...
Soccer’s world governing body FIFA made false and misleading statements about the reduced environmental impact of the 2022 World Cup in Qatar, a Swiss regulator said on Wednesday. The Swiss...
BBVA’s Turkish unit has renewed its syndicated loan agreement obtained from international markets within the scope of its foreign borrowing program and in accordance with social sustainability criteria. The syndication...
THE ARMANI GROUP ANNOUNCES A NEW PROJECT IN COLLABORATION WITH THE SUSTAINABLE MARKETS INITIATIVE’S FASHION TASK FORCE AND THE CIRCULAR BIOECONOMY ALLIANCE: APULIA REGENERATIVE COTTON PROJECT, PAVING A SUSTAINABLE AND...
The European Investment Bank (EIB) has agreed to support EVN AG’s investments in wind farms with an overall capacity of 103 MW, providing 72 650 Austrian households with green electricity. The project...
The World Bank Board approved $450 million in financing for the Türkiye Green Industry Project, to support an efficient green transformation for industrial firms in Türkiye. The operation will direct $250...
Germany is planning to make around 2 billion euros ($2.1 billion) available to help fund a green steel plant that Thyssenkrupp aims to build at its base in Duisburg, one of...
Germany is launching a program that will make available tens of billions of euros for firms facing substantial energy costs, in a bid to help its challenged industrial sector fund...
Iberdrola has finalised the details of its strategic alliance with the sovereign fund of Norway, managed by Norges Bank Investment Management, to co-invest in 1,265 MW of new renewable capacity in Spain (20%...
Germany and Denmark have signed an agreement to connect at least 3 gigawatts of wind energy generation capacity on the Danish island of Bornholm to the mainland by the beginning...
On Thursday, Parliament adopted its position for negotiations with member states on rules to integrate human rights and environmental impact into companies’ governance. Companies will be required to identify, and...
During the World Circular Economy Forum (WCEF) 2023 in Helsinki, environment focussed directors from the leading Multilateral Development Banks met to discuss the topic of the circular economy for the...
To help address air pollution challenges and mitigate its health and economic consequences in the Federation of Bosnia and Herzegovina (FBiH), the World Bank approved a EUR46.10 million loan (US$50...
Investment comes ahead of a larger funding round planned for later this year NexWafe GmbH announced it secured €30M to accelerate the construction of its first commercial-scale facility in Bitterfeld,...
Kebony Clear decking completes the sustainable credentials of a renovated open-air facility A holiday resort on the outskirts of Hanover, Germany, has recently completed renovation of a new 745m2 swimming...
Plug plans to develop three green hydrogen production plants in Finland for European markets, working with multiple financial and industrial partners Plug Power Inc., a leading provider of turnkey hydrogen...
France’s Engie and Amazon on Friday cut the ribbon of Italy’s biggest agrivoltaic farm with the aim to supply green energy to the Italian unit of the e-commerce giant. The farm, near...
Paris Mayor Anne Hidalgo said on Friday the city planned to ban single-use plastic when it holds the 2024 Olympic Games as part of efforts to tackle a global plastic...
Eurostat, the statistical office of the European Union, published the ‘Sustainable development in the European Union — monitoring report on progress towards the SDGs in an EU context, 2023 edition’,...
To help build a robust EV value chain in Europe while generating hundreds of jobs in Poland, IFC is partnering with SK Hi-Tech Battery Materials Poland sp. z o.o. (SK...
Nike’s ultimate goal is a zero-carbon, zero-waste future. With the launch of the world’s first hydrogen-powered inland container ship, Nike is taking action to help create a better world for...
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