Electrification of heat
Industrial heat constitutes most of the direct industrial CO2 emitted each year, as the vast majority of heat for industrial processes originates from fossil-fuel combustion.
Decarbonization requires a dramatic shift in how heat is generated as well as consideration of different technology and fuel needed for the required temperature levels.
Investment into the electrification of heat via solar, geothermal and other technologies, as well as carbon capture options are all being explored.
Our experience in the power and renewables sector has been gained by advising on all aspects of the development of power and renewables projects, across all technologies.
Bruck geothermal power plant
Financial Services Regulatory Developments in ESG
ESG is high on the regulatory agenda. Businesses, governments, regulators, financial services firms and individuals all have a part to play in tackling climate change and this view is increasingly shared across society.
A Boost to Integrity in the Voluntary Carbon Market
The Integrity Council for the Voluntary Carbon Market launches the Core Carbon Principles for the Voluntary Carbon Market
EU scales up green subsidies: How to benefit from support for clean investments
On March 9, 2023, the European Commission (EC) adopted changes to its State aid framework to support its “Green Deal Industrial Plan for the Net-Zero Age” (the Net Zero Plan) presented in February 2023. The Net Zero Plan is part of the European Green Deal, which aims to make Europe the world’s first climate-neutral continent by 2050.
Firm named Environment and Climate Firm of the Year at Who’s Who Legal Awards
The annual awards recognise the world’s leading law firms and lawyers across 35 practice areas and industries according to Who’s Who Legal’s independent research.
Banco Santander, S.A. advised on US$22.3m ECA-backed financing
Norton Rose Fulbright represented Banco Santander, S.A. in the closing of a US$22.3 million ECA-backed loan to Brazilian utility company Eletronuclear.
Firm advises the Djermaya Solar project on the first IPP in Chad
Global law firm Norton Rose Fulbright has advised the project company, Djermaya CDEN Energy S.A.S., on the development and financing of phase 1 of a solar project with a total capacity of approximately 34 MWp to be located 30 kilometers north of N’Djamena, Chad. Djermaya CDEN Energy S.A.S. is owned by DIPF Africa Limited and Private Infrastructure Development Group (PIDG) company InfraCo Africa Limited The project consists of the development, financing, construction, operation and maintenance of a 60MW greenfield solar photovoltaic plant developed in two phases, a transmission line and associated interconnection facilities. This is the first solar project to be designed, financed, built and operated by an independent power producer (IPP) in Chad.
Firm named MENA Legal Adviser of the Year at IJGlobal Awards 2020
Global law firm Norton Rose Fulbright has advised on 19 “Deals of the Year” across multiple regions, and has been awarded MENA legal adviser of the year at this year’s IJ Global Awards.
Projects, energy and infrastructure teams recognized at IJGlobal Awards
Norton Rose Fulbright received Global Legal Adviser of the Year, Asia Pacific Legal Adviser of the Year and North America Legal Adviser of the Year accolades at the IJGlobal Awards 2019.
Energy Transition Services
We are committed to helping our clients evolve and thrive as the world changes and would be delighted to discuss how we can help you.