Europe
OMV, Masdar Enter Deal for Green Hydrogen Electrolyzer Plant
OMV and Masdar have entered into a binding deal to set up a joint venture (JV) that will develop, finance, and run a 140 MW green hydrogen electrolyzer plant in Bruck an der Leitha, Austria. The facility, among the...
Companies
European Nuclear Consortium Launches Data4NuclearX Project
A consortium of six major European entities, EDF, CEA, Dawex, GIFEN, Institut Mines-Télécom, and Sopra Steria, has joined forces to establish a sovereign and secure digital platform for data exchange within the nuclear industry. The initiative, called Data4NuclearX, is...
Europe
EIB loans €500 M to Iberdrola’s Windanker Offshore Wind Farm
The European Investment Bank (EIB) has finalized a €500 million green loan to Iberdrola to fund the Windanker offshore wind farm, a major renewable energy initiative currently under construction in the German Baltic Sea. The financing is backed by...
Asia
Saudi Arabia Awards Renewable Energy Contracts Worth $2.4B
Saudi Arabia has signed renewable energy contracts exceeding 9 billion Saudi riyals ($2.4 billion) as part of its broader agenda to expand clean power generation while maintaining low production costs.
The Saudi Power Procurement Company (SPPC) awarded the deals across...
Companies
EU Unlocks €2.9B in Funding for Net-Zero Technology Projects
The European Commission has unveiled €2.9 billion in funding to back 61 new net-zero technology projects across Europe. The money comes from the Innovation Fund, which draws on revenues from the EU Emissions Trading System (EU ETS). The funding...
Europe
Baltic Sea Hydrogen Collector Project Receives €15.3M Grant from EU
The European Union has extended financial backing to the Baltic Sea Hydrogen Collector (BHC), a planned offshore pipeline designed to link Finland’s and Germany’s renewable hydrogen markets. The project, led by Gasgrid Finland, Copenhagen Infrastructure Partners (CIP), and GASCADE...
Europe
Topsoe Opens Europe’s Largest SOEC Manufacturing Facility
Topsoe has opened its first Solid Oxide Electrolyzer Cell (SOEC) stack manufacturing plant in Denmark, a major milestone for Europe’s clean energy drive. The new site, which is the largest SOEC manufacturing facility in Europe, will make electrolyzer stacks...
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