Browsing: NEWS

Hungary’s grid-scale battery buildout is moving into a more capital-intensive phase, with state-owned utility MVM committing roughly EUR 26 million to a 31 megawatt battery energy storage system at its Tiszaújváros site.

Borealis has announced a EUR 49 million investment at its Burghausen site in Germany to expand commercial-scale production of Borstar Nextension polypropylene.

Clifton Park, New York, has formally banned battery energy storage projects within the town, closing the door on future installations and signaling a growing tension between local safety concerns and state-level renewable energy ambitions.

UK aviation decarbonization policy is entering a more exposed phase as government funding for hydrogen and sustainable aviation fuel is rolled out alongside some of Europe’s most contested airport expansion projects.

BASF Coatings has replaced its internally developed carbon accounting system with a new digital solution capable of calculating Product Carbon Footprints for roughly 120,000 sales products in real time, reflecting a broader push by chemical suppliers to standardize and audit emissions data at scale.

Singapore-based developer DayOne has announced plans to build a new data center in Nurmijärvi, north of Helsinki, adding to a pipeline that is already straining regional grids and planning authorities.

Six renewable hydrogen projects awarded under the 2024 Innovation Fund auction secured €270.6 million in grants, translating into an average support level well below €1 per kilogram for several winners.

Lhyfe’s supply of France’s first motorway hydrogen station accessible to heavy goods vehicles marks a tangible shift from hydrogen mobility pilots to operational logistics infrastructure.

European energy storage startups have attracted €2.14 billion in equity funding, underscoring how capital is increasingly targeting technologies capable of stabilizing power systems with high renewable penetration.

International aviation emissions have crossed a regulatory threshold that many airlines had postponed planning for since 2020. Newly released data from the International Civil Aviation Organisation confirms that emissions from international flights in 2024 have exceeded 85 percent of 2019 levels, triggering offsetting obligations under the Carbon Offsetting and Reduction Scheme for International Aviation.