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...
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,...
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...
Amid increasing demand for clean energy, Volvo Group has signed a long-term agreement with Vattenfall, the largest producer of renewable electricity in Sweden. The agreement means that Volvo Group is...
A group of international and local investors have started to build a 150-megawatt solar farm in western part of Kosovo as the Balkan country is trying to phase out its...
thyssenkrupp nucera partners with H2 Green Steel in constructing the first large-scale green steel plant in Europe. The standardized 20 MW electrolysis modules “scalum” from the supplier of world-leading electrolysis...
The EU and the Republic of Korea have established a Green Partnership with the aim of strengthening bilateral cooperation and exchanging best practices on climate action, clean and fair energy...
The European Investment Bank (EIB) has signed an agreement with Teplarny Brno for a €75 million loan to co-finance the upgrade of the heat generation and distribution system in the...
The European Investment Bank (EIB) and ALEXBANK, a bank of Intesa Sanpaolo group, made public the new tranche of USD 15 million renewable & efficiency financing initiative signed under the GEFF initiative,...
Repsol will develop renewable projects in Italy totaling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW...
The photovoltaic modules gigafactory in Sarreguemines, Moselle, France will be fully operational from 2027. Holosolis, a company founded by EIT InnoEnergy, the innovation engine for sustainable energy supported by the...
The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for its carbon capture and storage (CCS) project ‘Ørsted Kalundborg Hub’. The project entails that Ørsted will establish carbon...
With £540m raised in the last year, today’s announcement represents one of the largest private construction debt facilities of its kind The finance facility will enable the construction of an...
The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as part of a bill presented on Tuesday to green the...
TotalEnergies has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to the...
Two agreements signed today in Rome highlight EIB-IFAD cooperation in low- and middle-income African countries, in line with the EU’s Global Gateway strategy. The European Investment Bank (EIB) and the...
The EIB Group (European Investment Bank and European Investment Fund) and Santander have signed a new synthetic securitization transaction to support the financing of energy efficiency investments in Portugal, including...
CGEM has launched a digital educational guide on decarbonisation for Moroccan companies with the support of the European Investment Bank (EIB), via its new EIB Global development arm, and the...
On Thursday, MEPs backed draft legislation to improve product labelling and durability and to put a stop to misleading claims. With 544 votes to 18 and 17 abstentions, plenary approved...
The European Commission has approved a €837 million Spanish scheme to support the production of batteries for the industrial chain of electric and connected vehicles to foster the transition to...
Hydro Rein has signed agreements with GreenGo Energy to acquire and develop two early phase solar projects in Southern Sweden. The projects have combined 118 MW capacity and are in...
Platts of S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities, energy and energy transition markets, has launched two new daily European carbon-accounted hot-rolled...
E-mobility company JOLT Energy, a pioneer in the operation of battery-buffered ultra-fast charging stations in urban areas, is expanding: Over the next few years, thousands of fast-charging stations will be...
Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car batteries and components to...
The funds will be used to build more than 2,000 charging points in Italy, Spain, France, Austria, Germany, Portugal, Slovenia, and Greece CDP acted as an executive partner of the...
Shell Germany and the Volkswagen Group are jointly driving forward the expansion of the charging infrastructure for electric mobility: On May 4, 2023, the first innovative 150 kW Elli Flexpole...
The Board of Directors of the European Investment Bank (EIB) approved EUR 6.6 billion of new financing to support new sustainable transport, clean energy, corporate innovation and education investment across...
CITIZENS, INSTITUTIONS AND BUSINESSES WILL JOIN TO SHARE ENERGY PRODUCED BY A NEW PHOTOVOLTAIC PLANT ADJACENT TO THE FIORANO CIRCUIT. Ferrari has signed an agreement with Enel X to create...
The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe’s investment strategy for partner countries. This will boost investment in Global Gateway’s priority...
EU Parliament’s Environment and Industry Committees adopted their position on reducing methane emissions in the energy sector to reach EU climate goals and improve air quality. The new legislation, adopted...
Study emphasizes the need for adaptation effort and mitigation of unintended consequences as critical factors in achieving the European Green Deal goals As the world continues to grapple with climate...
On Tuesday, the EU Parliament and Council negotiators agreed to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. A provisional deal, reached...
ElevenEs, the pioneer in LFP cathode battery technology, announces the opening of the first industrial facility dedicated to LFP battery cell production in Europe. ElevenEs, backed by EIT InnoEnergy, is...
EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe’s carbon market, which is set to make it more costly to pollute and sharpen...
New sustainable fund launches fell sharply in the first three months of 2023, led by a drop in Europe amid regulatory uncertainty and greenwashing concerns, Morningstar said. The estimated 113...
True to its “Partnering for Transformation” strategic mission, the Salzgitter Group is working closely with customers and partners to achieve its climate targets, as evidenced by the collaboration with Spanish energy producer Iberdrola. Salzgitter Flachstahl...
Leaders from European countries surrounding the North Sea are set to pledge to expand renewable generation in the region to strengthen energy security, at a summit in Ostend, Belgium, on...
The European Commission has approved, under EU State aid rules, a €401 million Czech scheme to promote green district heating based on renewable energy and waste heat. The measure will...
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft...
To fight climate change and biodiversity loss, the new law obliges companies to ensure products sold in the EU have not led to deforestation and forest degradation. While no country...
The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of increase needed to keep up with the rollout of battery EVs in...
Iberdrola reinforces its innovative and renewable leadership in Spain and will build Spain’s first hybrid wind and solar plant in Castilla y León, in the province of Burgos. The company continues with...
The transmission system operator Amprion is accelerating grid expansion and continues to grow. In the completed financial year, investments reached a new record level of around 1.5 billion euros. The...
Bonollo, known for making Italy’s traditional spirit grappa, and gas distributor Italgas opened the first biomethane plant in an Italian distillery on Wednesday, in a move that could spur the country’s...