Published by Todd Bush on August 18, 2023
MAGDEBURG, Germany, Aug. 14, 2023 /PRNewswire/ -- The availability of affordable green energy can drive the shift to a climate-neutral economy and amplify its effects. Against the background of rising energy costs and calls for greater sustainability, the majority of businesses are focusing on the issue of energy and looking for suppliers of green electricity. "Companies are increasingly likely to move to areas where electricity is generated locally and as cheaply as possible," says Dr. Robert Franke, Managing Director of the Investment and Marketing Corporation Saxony-Anhalt.
Saxony-Anhalt, Areal view of Bitterfeld-Wolfen chemical park / Photo Credits: Bertram Kober
Saxony-Anhalt is one of the leading regions in Germany when it comes to the expansion of renewable energy production. Around 62 percent of the electricity used in Saxony-Anhalt is produced from renewable sources. When compared with the other regions of Germany, Saxony-Anhalt is in second place for wind power generation and in third place for photovoltaics. "We are making the most of this advantage and, at the same time, highlighting on the international stage the achievements of the companies in the region in the flagship hydrogen projects that are currently underway," says Franke.
He is very pleased about the investment recently announced by the Bavarian company Eco Star, which plans to build one of the largest battery storage facilities in Europe in the Salzland district. The company has said that it intends to invest 250 million euros in the plant. Construction is planned to start in 2024 and the facility will come into operation in 2025. Once it is completed, the plant, which will be located near Förderstedt, will be able to store around 600 megawatt hours of electricity. Progress is also being made in the energy park in Bad Lauchstädt. Construction began in June on the underground storage facility there for the green hydrogen that will be produced by a nearby wind farm.
"There has been a significant increase in the efforts to make our energy supply more independent of fossil fuels, to optimize processes and to improve energy efficiency," says Thomas Micka, head of the business department at the State Energy Agency of Saxony-Anhalt (LENA). The agency's role is to help companies to become more energy-efficient, sustainable and climate-neutral.
In this Press Kit, we highlight examples from Saxony-Anhalt of the changes companies are making, the innovations they are developing on the path toward climate-neutral industrial production and the digital solutions that are increasing efficiency and reducing resource use. We look at how the Bitterfeld-Wolfen Chemical Park is becoming a pioneer of climate neutrality, why Matthias May, the business development manager in Aschersleben, has the ambitious goal of making the town energy-independent and how WTZ Roßlau gGmbH is developing a methanol engine for maritime shipping in its role as a research partner of international engine manufacturers.
But we also focus on a good work-life balance with a visit to Mathilde's Garden in Quedlinburg, which is home to the goddess of the rainbow. For all these stories we have collected beautiful photos.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🗑️ The Next Big Thing in Carbon Capture? Trash. ⚡ Hydrogen Hope on the Chopping Block: How ARCHES and Other Blue-State Projects Got Caught in the Crossfire 📊 GEP Expands Carbon D...
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
Ocean Visions Releases Comprehensive Marine Carbon Dioxide Removal Ecosystem Database
WASHINGTON, DC, UNITED STATES, April 2, 2025 /EINPresswire.com/ — Ocean Visions has released a comprehensive database that provides an in-depth repository of the diverse entities in the marine carb...
Deal with Microsoft enables science research at Terradot project site in Brazil SAN FRANCISCO – Terradot, a leader in Enhanced Rock Weathering (ERW) technology, today announced an agreement with M...
Hyaxiom, Inc., Announces Nation's First Multi-megawatt, Multi-story Installation Fuel Cell Project
Charter Oak Combined Heat and Power (CHP) Project in Bridgeport aims to deliver low-emission power, high CHP efficiency, and local energy benefits EAST HARTFORD, Conn., April 2, 2025 /PRNewswire/ ...
SLINGERLANDS, N.Y., April 03, 2025 (GLOBE NEWSWIRE) -- STEF Group, European leader in transport and logistics services for temperature-controlled food products, has recently launched two hydrogen p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.