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Explore industry news, insights, and updates from the Business Energy Achievement Awards.
Taoiseach inaugurates Ireland's first hybrid grid stability facility
Taoiseach Micheál Martin has inaugurated Ireland's first hybrid grid stabilisation installation combining synchronous condenser and battery storage technologies at Shannonbridge in County Offaly.
GE HealthCare Cork shortlisted across three categories at Business Energy Achievement Awards
Shortlisted in life sciences, manufacturing, and decarbonisation innovation at the Business Energy Achievement Awards last year, GE HealthCare Cork has positioned itself as a leading example of sustainable energy management within Ireland's medical technology sector heading into 2026. The triple shortlisting as Best Energy Achievement in Life Sciences, Best Energy Achievement in Manufacturing, and Innovation in Decarbonisation — Large reflects the scale and ambition of the Cork facility's energy strategy across a complex, high-demand operational environment.
Turkish petroleum company raises $1 billion through sukuk offering
Turkey's state petroleum company has raised $1 billion (€850 million) through Islamic finance instruments, attracting over seven times the initial target from 165 international investor institutions.
Korean financial institutions support Philippine nuclear development programme
South Korea's Export-Import Bank has partnered with Korea Hydro & Nuclear Power and Philippine utility Meralco to support nuclear energy projects, formalised during the Korean president's Manila state visit.
Google purchases extended-duration battery system for Minnesota facility
US-based Google has paid approximately $1 billion (€850 million) to battery startup Form Energy for a 300 MW, 100-hour iron-air storage system supporting a Minnesota data centre.
Finnish consultancy manages construction of Tipperary wind installation
Engineering consultancy AFRY has been appointed owner's engineer for Ecopower's 84 MW Upperchurch wind farm in County Tipperary, marking the fifth wind project collaboration between the companies.
Spanish contractor secures grid stability installations across Ireland
Spanish engineering firm Elecnor has secured two additional synchronous condenser contracts from Statkraft for installations in Ireland and Northern Ireland, doubling its participation in grid stability programmes.
Gas Networks Ireland and Corrib JV to advance green hydrogen pilot at Mayo terminal
Gas Networks Ireland has signed a collaboration agreement with the Corrib Joint Venture to advance a green hydrogen pilot at Bellanaboy in County Mayo, leveraging existing infrastructure and renewable resources.
Secured Infrastructure
Measurable economic value is delivered by energy transition when renewable infrastructure reduces fossil fuel dependency whilst maintaining operational reliability. Organisations capturing cost savings through wind, solar, and geothermal power demonstrate how clean electricity strengthens competitive positioning alongside emissions reduction. Rewinding back to last year's awards, 'Glenpatrick Spring shortlisted across three categories at Business Energy Achievement Awards' discusses how the company earned finalist recognition in food and beverage, manufacturing, and FMCG. This triple shortlisting establishes benchmarks for the upcoming 2026 awards. Furthermore, 'Wind and solar generation delivers €1.5 billion savings to Irish economy' demonstrates how renewable electricity shields households and businesses from volatile gas prices whilst avoiding 5 million tonnes of carbon dioxide emissions. Wind accounted for €1.4 billion in savings with cumulative four-year reductions reaching €6.7 billion across the island. Meanwhile, 'Philippine restaurant chain transitions commissaries to geothermal power' reflects how fast-food operators secure operational reliability through 99% renewable electricity supply agreements. Jollibee Group's geothermal transition expects to reduce greenhouse gas emissions by over 70% across commissaries. Renewable infrastructure delivers economic value alongside emissions reduction. Read each story to understand how wind, solar, and geothermal power are strengthening competitive positioning.
Illinois manufacturer subscribes to community solar projects for cost reduction
US-based Summit Ridge Energy has partnered with Illinois cleaning products manufacturer The Libman Company on seven community solar projects totalling 17.5 MW, expected to deliver millions in lifetime energy cost savings.
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