innovation.

What goes in Poland on 14th of January.

According to BiznesAlert.com information, Polish electric car Izera factory is to be built in Silesia. E-mobility is to become a new regional specialization to replace coal-dependent economy.

Improving management, efficiency and optimization of energy storage systems may be the answer to the variability of renewable energy sources (RES) supply – Bartosz Majewski, CEO of Codibly, a provider of IT services for the energy sector, told BiznesAlert.pl.

The PGNiG Group has established a venture capital vehicle to finance innovative energy projects, looking to invest approximately PLN 100m over the next six years.

Two Dreamliners as one National Stadium How to convince young people to work in the aviation industry? The aviation market in Poland is developing rapidly, but the lack of staff may be a barrier. At the Air Market Congress, Michał Fijoł from the board of LOT Polish Airlines wondered what the aviation industry should do […]

The Polska Grupa Energetyczna plans to build 500 electric vehicle charging stations by 2020. This was announced by Paweł Śliwa, PGE Vice-President for Innovation.

The Japanese investment fund SoftBank VisionFund, which in the past has already invested in start-ups such as Uber, Slack and WeWork, has recently invested USD 110 million in the Swiss Energy Vault start-up from the field of energy storage. The idea of the Swiss is based on the use of composite blocks and their potential […]

What goes on in Poland on the 28th of March.

The financial performance of the LOTOS Group in 2018 confirms its robust condition. The Group delivered a consolidated net profit of PLN 1.6bn and adjusted LIFO-based EBITDA of PLN 3.1bn, the highest figure on record. Revenue came in at PLN 30.1bn, up 24.5% on 2017, and CAPEX spending was PLN 1bn. The refinery processed the […]

Polish Oil and Gas Company (PGNiG) has launched a research and development project called ELIZA. In the future, the company wants to generate hydrogen through electrolysis relying on renewable energy sources and then inject it into gas storage facilities. This has been identified as one of the business areas holding the greatest growth potential for […]