Partner news

Audiovisual resources:  Access here to photo and video of the signature event https://drive.google.com/file/d/1fWsIGvj_9e3aHVYuYThmqqVY5ItXeqi-/view https://drive.google.com/file/d/14eFYbMjffdPnnnE8vZSL11dg9HzwclWO/view The European Investment Bank (EIB) and Ingeteam have signed a €75 million loan to invest in research, development and innovation in advanced renewable energy and electrification technologies. Ingeteam is a company specialising in electrical energy conversion through the development of rotating electrical machines, power electronics, control and automation, and digital intelligence. Headquartered in Zamudio, Spain, the company operates in 15 countries. It is one of Europe’s top ten manufacturers of photovoltaic inverters, and this marks its fifth financing agreement with the EIB. The EIB loan, backed by the InvestEU programme, will allow Ingeteam to develop advanced technological solutions that strengthen the entire electricity supply chain and enable more efficient and sustainable energy generation, storage, transmission, and consumption. The investments will be made in Ingeteam’s research and development centres in the Basque Country and Navarre and will cover areas such as the integration of renewable energies into the grid, including the development of advanced power electronics (converters and inverters), energy storage systems and the digitalisation and cybersecurity of electrical networks, and transport electrification among others. Developments in the field of photovoltaic inverters will help reduce dependence on non-European suppliers in the solar power generation sector, while also driving the development of equipment that ensures cybersecurity, data integrity, and grid stability. The loan was announced at an event held today in Zamudio, in the Basque Country region of Spain, attended by Nadia Calviño, President of the EIB Group, Pilar Solano, Director of the EIB’s Corporate Lending Department for the EU, and Teresa Madariaga, President of Ingeteam. “This new EIB investment in Ingeteam is key to Europe’s energy autonomy. It will enable us to reduce dependence on non-European suppliers of renewable energy technologies while strengthening electricity grid security,” said Nadia Calviño, President of the EIB Group. “Accelerating the energy transition and increasing the competitiveness of the European industrial sector are two sides of the same coin. This new collaboration with Ingeteam allows us to advance in these two key objectives to strengthen Europe’s strategic autonomy,” added Pilar Solano, Director of the EIB’s Corporate Lending Department for the EU. Teresa Madariaga, President of Ingeteam, stated that “at Ingeteam, we work with the clear goal of powering a sustainable future through our technologies in rotating electrical machines, power electronics, control and automation, and digital intelligence, improving the efficiency, stability, and reliability of the electrical system throughout its entire lifecycle. This partnership with the EIB reinforces our longstanding commitment to innovation and allows us to continue investing in research, development, and innovation of advanced solutions that drive the integration of clean energy, energy security, and the creation of a more sustainable model.” This new loan reinforces the long-standing collaboration between the EIB and Ingeteam and is part of TechEU, the EIB Group’s programme dedicated to accelerating innovation in the European Union, which aims to mobilise €250 billion in investments for innovative companies across Europe by 2027. The project also contributes towards the EIB Group’s…

The conference brought together countries, producers, developers, consumers, and international organisation and non-profit institutions that support hydrogen development and transformation. The pluralist participants presented their perspectives and discussed topics around the current state of hydrogen development and adoption, the main achievements and obstacles so far, and how to move forward. The sessions covered seven main topics surrounding hydrogen development: the role and pathways for international cooperation, finance, new development opportunities, the supply chain, and the transformation of fertiliser and steel industries. Taken together, the sessions showcased that hydrogen technologies have been proven and are available. However, they still entail challenges like higher costs, lack of harmonised standards and regulation, incomplete infrastructure and logistics, and lack of policy stability, all of which hamper demand creation. Key takeaways 

ScottishPower and Masdar’s East Anglia THREE offshore windfarm has set a UK offshore wind record with the installation of its first turbine – the first in the UK to feature 115 metre blades, each one longer than a Premier League football pitch.

The idea of the All Electric Society describes a future in which energy comes almost exclusively from renewable, carbon-neutral sources. As part of this transformation, the demand for electrical energy is continuously increasing in both in alternating current (AC) and direct current (DC) systems.

TotalEnergies, a global integrated multi‑energy company, and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a binding agreement to establish a $2.2bn 50/50 joint venture (JV) that will merge their onshore renewable activities in nine countries across Asia.

First landmark project to be fulfilled through newly formed Nextpower Arabia joint venture; localized production to support Saudi National Renewable Energy Program

AMEA Power, one of the fastest-growing renewable energy companies in the region, today announced a major milestone in the delivery of its 50MW Bondoukou solar PV project in Ivory Coast, with financial close successfully achieved and major construction works progressing on site.

His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, has witnessed the groundbreaking of the world’s largest combined solar power and battery storage project, capable of delivering 1 gigawatt (GW) of baseload renewable energy around the clock.

Gulf Cryo, a leading provider of industrial gases and a pioneer in sustainable solutions across carbon management and hydrogen technologies, today announced the appointment of Ranjith Nair as its Chief Executive Officer, effective October 1, 2025.

Endua is a Brisbane-based company focused on developing innovative, hydrogen-powered energy storage solutions. Their mission is to provide clean, reliable, and long-term energy storage, targeting remote industries such as mining, remote communities, and other off-grid energy users. The company aims to address one of the key challenges in renewable energy: ensuring consistent power availability, even when sources like solar and wind aren’t generating energy.