Ofgem funding to back feasibility study of Gravitricity’s H2 storage

National Gas, the UK’s gas transmission system owner and operator, has secured funding to study the use of a underground hydrogen energy storage developed by Scottish firm Gravitricity. The project has been awarded the first phase of a grant from Ofgem’s Strategic Innovation Fund to carry out a three-month feasibility study of Gravitricity’s H2FlexiStore technology, […]

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‘Who is setting the pace?’

EIES23 – ‘The world outside needs us and has a challenge for us’, Yolande Verbeek said at European Industry and Energy Summit (EIES23) ‘Only then when we really cooperate with everybody in the game, we will make real steps. Then we can deal with three dilemma’s: fossil or not? What to do with the infrastucture? And who is setting the pace: government or the market?’

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‘Connecting Clusters’ at EIES23 explores the future of European industrial clusters

On December 7th and 8th, the main stage of EIES23 in Antwerp will offer the inspiring side event ‘Connecting Clusters.’ This initiative offers an in-depth look at the crucial role of industrial clusters in Europe amidst the pressing climate change and economic challenges. This gathering will bring together strategic partners, ranging from port companies, transport […]

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A Vision for a Sustainable Future

EIT InnoEnergy raises over €140M in private placement round

EIT InnoEnergy has successfully concluded a private placement round that raised more than €140 million in equity. This round saw participation from both new strategic players, including Societé Generale, Santander CIB, PULSE – CMA CGM Energy Fund, Renault Group, Stena Recycling, and NIIT, as well as existing shareholders such as Siemens Financial Services, Schneider Electric, Capgemini, Volkswagen Group, ING, Koolen Industries, GROUPE IDEC, and Engie.

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