The European Investment Bank has announced the signing of a EUR 20m loan – guaranteed by the European Commission – to a company owned by Meridiam (60%) and Voltalis (40%) to support the large-scale deployment of the demand response technology developed by Voltalis.
The European Investment Bank, EIB, is providing the Arteche Group with €27 million to finance its innovation strategy focusing on the development of new technologies, solutions and products for the electric power industry, and other investments to expand its productive assets.
In 2019, European Utility Week and POWERGEN Europe combined to offer an end-to-end European energy experience for the whole energy supply chain, from power generation through to end-use, under one roof.
The event is a business, innovation, networking and information platform and is seen by the industry as their terrain. They use the event as their annual meeting place to thrash out strategies and do business to help drive efficiencies in meeting their sustainable development goals.
The Summit and Hub Sessions unpack a narrative that energy professionals operating in an increasingly interconnected energy value network need to understand, in order to fully appreciate the implications of the convergence and sector couplings, rapidly connecting the worlds of electricity, gas, heat, cooling and transportation.
The EU Sustainable Energy Week (EUSEW), the biggest event dedicated to renewables and energy efficiency use in Europe, promotes outstanding innovation on energy with the EU Sustainable Energy Awards competition.
The first informal meeting of the Council of the EU Working Group on International Issues on Environmental Protection – Climate Change (WPIEI-Climate Change) under the Presidency of the Republic of Croatia was held in Zagreb on 14 and 15 January.
Sumitomo Mitsui Banking Corporation (SMBC), one of the largest banks in Japan, has signed a framework agreement with the EBRD that allows SMBC to participate with a new product in the EBRD Trade Facilitation Programme (TFP).
The very fact that this year’s COP25 climate summit had to be hastily moved to Spain, after street protests against economic inequality engulfed its first intended home in Chile, is a reminder of the biggest challenge faced by climate policymakers working to keep global temperature rises well below 2C. This is the anger of those who stand to lose economically from the climate action they envisage.
The 2020 monetisation of the first batch of 50 million allowances for the Innovation Fund was planned to start on 7 January 2020 but will be slightly delayed. The auctions of Member States’ allowances will take place as scheduled. This slight postponement of the monetisation will not delay the launch of the Innovation Fund.
The use of paper for packaging purposes is growing every year, due to its excellent environmental performance but also to the increasing demand related to e-commerce and delivery services. There is a strong expectation from consumers, brands and retailers to have recyclable packaging material. A packaging recycling rate of 85% is already achieved today and the paper value chain continues to improve.