European Commission

EQS-News: H2APEX: EU commission approves grant for 100 MW H2ERO hydrogen project as part of Hy2Infra-IPCEI funding

Retrieved on: 
Friday, February 16, 2024

Hy2Infra comprises 33 projects from 32 companies from seven Member States, for which the participating Member States will provide public funding of up to EUR 6.9 billion.

Key Points: 
  • Hy2Infra comprises 33 projects from 32 companies from seven Member States, for which the participating Member States will provide public funding of up to EUR 6.9 billion.
  • Among the Hy2Infra projects to be funded is the large-scale 100 MW project H2ERO by H2APEX, for which a subsidiary of H2APEX has applied for funding of approximately EUR 167 million.
  • According to current plans, the hydrogen plant will have an annual production capacity of 7,000 to 8,000 tons of green hydrogen.
  • The funding of H2ERO is a confirmation of three years of successful work on this project and reflects the leading position of H2APEX in the realization of hydrogen plants in Germany.

Fusion Fuel Receives Notification of IPCEI Approval from European Commission for 630 MW HEVO-Portugal Project

Retrieved on: 
Friday, February 16, 2024

SABUGO, Portugal, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) (the “Company”) is pleased to announce that it has received notification from the European Commission that the Company’s HEVO-Portugal project was among 33 selected for approval under the Important Projects of Common European Interest (“IPCEI”) Hy2Infra program.

Key Points: 
  • SABUGO, Portugal, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) (the “Company”) is pleased to announce that it has received notification from the European Commission that the Company’s HEVO-Portugal project was among 33 selected for approval under the Important Projects of Common European Interest (“IPCEI”) Hy2Infra program.
  • The €650 million, 630 MW project is to be developed in Sines, Portugal, and would produce 62,000 tonnes of green hydrogen per annum.
  • The IPCEI approval positions Fusion Fuel and its partners to commence funding negotiations with the relevant government stakeholders, as well as with the European Investment Bank, which has committed to providing financing and advisory support to those projects selected for public funding.
  • Frederico Figueira de Chaves, CEO of Fusion Fuel, stated, “This is a game changing achievement for Fusion Fuel, solidifying our position amongst the leading companies in the green hydrogen industry.

Herbal medicinal product: Echinaceae purpureae herbaArray, C: ongoing call for scientific data

Retrieved on: 
Friday, February 16, 2024

Herbal medicinal product: Echinaceae purpureae herbaArray, C: ongoing call for scientific data

Key Points: 


Herbal medicinal product: Echinaceae purpureae herbaArray, C: ongoing call for scientific data

Bee Vectoring Technologies Announces Trials in Spain with Agrobio SL and Funded by Major EU Initiative

Retrieved on: 
Thursday, February 15, 2024

Mississauga, Ontario and Sacramento, California--(Newsfile Corp. - February 15, 2024) - Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF) (CVE: BEE) (the "Company" or "BVT") is pleased to announce Agrobío SL commenced trials of BVT's natural precision agriculture system in December.

Key Points: 
  • Mississauga, Ontario and Sacramento, California--(Newsfile Corp. - February 15, 2024) - Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF) (CVE: BEE) (the "Company" or "BVT") is pleased to announce Agrobío SL commenced trials of BVT's natural precision agriculture system in December.
  • It will foster stakeholder adoption by surveying what they currently use, what they need, and conducting trials and demonstrations of new tools with industrial partners.
  • Spain is one of the largest fruit and vegetable producers in Europe and represents the largest market for bee vectoring in the EU.
  • Vegetable production in Spain reached about 16.39 million tons in 2021, an increase of about 1.21 million tons over 2020.

Royalty Pharma Reports Q4 and Full Year 2023 Results

Retrieved on: 
Thursday, February 15, 2024

In October 2023, Royalty Pharma drew $350 million under its existing unsecured revolving credit facility, which was repaid during the fourth quarter of 2023.

Key Points: 
  • In October 2023, Royalty Pharma drew $350 million under its existing unsecured revolving credit facility, which was repaid during the fourth quarter of 2023.
  • Royalty Pharma began repurchasing its Class A ordinary shares in April 2023 under a $1.0 billion multi-year share repurchase program.
  • During the fourth quarter of 2023, Royalty Pharma announced new transactions of up to $1.6 billion.
  • Royalty Pharma will host a conference call and simultaneous webcast to discuss its fourth quarter and full year 2023 results today at 8:00 a.m., Eastern Time.

STX Group Announces Unique Financing Partnership With BioValue for Dutch Biomethane Plant

Retrieved on: 
Thursday, February 15, 2024

Amsterdam, Feb. 15, 2024 (GLOBE NEWSWIRE) -- STX Group , a leading global firm in environmental commodities trading and climate finance, today announces the financing partnership with BioValue , a major Dutch biomethane producer, for the construction and development of the Groengas Cothen biomethane plant.

Key Points: 
  • Amsterdam, Feb. 15, 2024 (GLOBE NEWSWIRE) -- STX Group , a leading global firm in environmental commodities trading and climate finance, today announces the financing partnership with BioValue , a major Dutch biomethane producer, for the construction and development of the Groengas Cothen biomethane plant.
  • The financing by STX Group ensures BioValue access to key capital but also provides flexibility, avoiding potential constraints from fixed offtake prices.
  • Collaborating with Nationaal Groenfonds as the junior financier, STX Group goes beyond traditional offtake agreements: unlike traditional banking institutions, this financing model provides BioValue with exposure to the developing biomethane market, contributing to their strategic goals and long-term success.
  • "This agreement marks a significant milestone in the biomethane sector and showcases our ability to pioneer novel financing solutions," says Sead Keric, Managing Partner of Renewable Gas at STX Group.

Piero Cipollone: Preserving people’s freedom to use a public means of payment: insights into the digital euro preparation phase

Retrieved on: 
Thursday, February 15, 2024

Our approach relies on a term structure model of traded headline inflation-linked swap rates, which we assume span core inflation.

Key Points: 
  • Our approach relies on a term structure model of traded headline inflation-linked swap rates, which we assume span core inflation.
  • The model provides estimates of market-based expectations for core inflation, as well as core inflation risk premia, at daily frequency, whereas core inflation expectations from surveys or macroeconomic projections are typically only available monthly or quarterly.

Canada Strengthens Global Cooperation on Energy and Climate at 2024 IEA Ministerial

Retrieved on: 
Wednesday, February 14, 2024

The IEA is the leading global intergovernmental organization that provides independent analysis, data and policy recommendations on the global energy sector.

Key Points: 
  • The IEA is the leading global intergovernmental organization that provides independent analysis, data and policy recommendations on the global energy sector.
  • While at the IEA, Minister Wilkinson advanced the following priorities on behalf of the Government of Canada, all of which were reflected in the final IEA Ministerial Communique :
    1.
  • Implementing the Canada–US Memorandum of Understanding on Energy Cooperation, signed in June 2021, on sustainable and equitable energy transitions, clean energy innovation, connectivity and low-carbon transportation.
  • Canada is pleased to support the international energy and climate cooperation, research and programs of the IEA under the leadership of Dr.

Trane Technologies, EU Parliament and Commission Officials & Cold Chain Partners Call for Accelerated Food Loss Solutions

Retrieved on: 
Wednesday, February 14, 2024

Trane Technologies (NYSE:TT), a global climate innovator, co-developed a round table event at the European Parliament on Advancing Food Loss Technologies and Policies.

Key Points: 
  • Trane Technologies (NYSE:TT), a global climate innovator, co-developed a round table event at the European Parliament on Advancing Food Loss Technologies and Policies.
  • View the full release here: https://www.businesswire.com/news/home/20240214416167/en/
    Trane Technologies co-developed a round table event at the European Parliament on Advancing Food Loss Technologies and Policies.
  • (Photo: Business Wire)
    “We are very proud to have partnered on this event with Competere, as well as working with members of the European Commission, European Parliament and major cold chain partners,” said Claudio Zanframundo, president, Thermo King EMEA, Trane Technologies.
  • Having an efficient and sustainable cold chain makes a big difference in reducing food waste and putting food on tables across the world.