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Renewable Energy;Mergers & Acquisitions

Nextpower to acquire Zigor Corporation’s power conversion assets in 80.5 million USD vertical integration play

Nextpower has signed a definitive agreement to acquire the power conversion business of Zigor Corporation and its subsidiary, Apex Power, for up to $80.5 million. The deal secures modular inverter technology, enabling Nextpower to expand into battery storage and data center markets while establishing U.S.-based manufacturing by 2027.

Spain;United States | 2 weeks ago

Oil & Gas

H2SITE and Petronor to deploy FOAK hydrogen separation technology for refinery efficiency

H2SITE and Petronor have partnered to integrate proprietary membrane technology into industrial Steam Methane Reforming processes. The collaboration focuses on deploying a first-of-a-kind unit at Petronor's refinery to enhance hydrogen production efficiency and carbon capture capabilities, aligning with broader industrial decarbonization and net-zero operational targets.

1 month ago • Spain

Renewable Energy

Nordex Group expands Spanish renewable footprint with 80 MW high-capacity turbine agreement

Nordex Group has finalized a contract to supply 13 N175/6.X turbines for an 80 MW wind project in Spain, scheduled for 2027. The agreement includes a 20-year service commitment and an option for a 40 MW capacity expansion, highlighting the growing demand for high-efficiency onshore wind technology in the European market.

2 months ago • Spain

Airports & Aviation

Indra and Synaptic Aviation to automate apron monitoring at major Spanish airports

A new AI-driven video analytics system will be deployed at Spain’s three largest airports to monitor aircraft turnaround activities in real time. The technology, implemented by Indra and Synaptic Aviation, aims to enhance operational efficiency and sustainability across facilities handling over 150 million passengers annually.

2 months ago • India;Spain

Renewable Energy

H2Pro and Doral Hydrogen to launch off-grid solar-to-hydrogen project in Spain

H2Pro and Doral Hydrogen have partnered to develop a pioneering green hydrogen facility in Extremadura, Spain. Utilizing decoupled water electrolysis and dedicated solar power, the project will be the first to inject off-grid hydrogen into Spain’s national gas grid and the future H2Med European backbone.

3 months ago • Spain

Power & Utilities

Sant Joan de Déu Barcelona Children’s Hospital cuts energy overhead via Schneider Electric automation integration

Sant Joan de Déu Barcelona Children’s Hospital has successfully implemented Schneider Electric’s automation technology to combat rising utility costs. By integrating smart energy controls with its proprietary monitoring platform, the facility achieved a 40% reduction in electricity consumption in its maternity ward while maintaining high standards for patient care.

3 months ago • Spain

Renewable Energy

EDP to add 3.2 mw hydropower plant at Rioseco dam by 2026

EDP has sanctioned an EUR 8 million investment to develop a 3.2 MW hydroelectric facility at the Rioseco dam in Asturias, Spain. Supported by EUR 4.2 million in NextGenerationEU funding, the plant will add 8 GWh of annual renewable generation capacity from 2026.

3 months ago • Spain

Financial Services

Spain strengthens gobal sustainability efforts with funding pledge to World Bank’s Livable Planet Fund and Multilateral Debt Relief Initiative

Spain has announced a fresh commitment of €19.5 million to the World Bank’s Livable Planet Fund, underscoring its leadership in promoting environmental sustainability and global debt relief.

3 months ago • Spain

Automotive

Chery-Ebro alliance revives Spain’s Zona Franca auto hub with EV-focused manufacturing platform

A joint venture between China’s Chery and Spain’s Ebro is accelerating the revival of vehicle manufacturing at Barcelona’s former Nissan plant. The project has generated 1,000 direct jobs, surpassed 9,000 unit sales in September, and is expanding EV production capacity for European markets.

3 months ago • Spain

Latest News

Defence | 2 days ago

Elbit Systems secures $350 million international main battle tank modernization contract

Israel-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.

Business & Corporate | 2 days ago

UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight

UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.

Energy & Power | 2 days ago

NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu

Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.