Industry
Renewables hit record growth in 2024
Global renewable energy capacity grew by a record-breaking 15.1% in 2024 to reach 4,448 gigawatts (GW).
AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.
Romanian engineering and technology company Simtel has secured two financing agreements from Banca Transilvania to support the completion of its photovoltaic park in Giurgiu.
Polish solar energy installer Columbus Energy has completed another sale of photovoltaic assets to renewable energy developer GoldenPeaks Capital.
Poland's energy regulator, URE, has announced that the country's 2025 renewable energy auctions will take place between 1 and 9 July 2025.
Eurowind Energy's 60.2 MW solar park in Transylvania will become operational by the end of April.
OMV Petrom, in partnership with Complexul Energetic Oltenia (CE Oltenia), announced the signing of the design and execution contracts for four photovoltaic parks.
Nofar Energy will build an even larger facility. The company has signed a turnkey contract, including operation and maintenance services, for a 265 MW solar power plant in Corbii Mari, Dâmboviţa County.
Polish solar contractor Eko Prime has completed a 14.71 MW photovoltaic installation in Turowo, located in the West Pomeranian province.
MORE, together with PPC Renewables, has included eight new photovoltaic power plants—totaling 882.4 MW—in their renewable energy development portfolio.
The European Commission has reaffirmed its long-term commitment to tackling Europe's climate and environment crises by investing more than €86 million in new green strategic projects over the next ten years.
The number of power generating microinstallations, powered by renewable energy sources and officially registered in Poland exceeded 1.5 million by the end of 2024.
Volta Polska announced that the municipal council of Łobżenica, located in Poland's Wielkopolskie province, has approved an Integrated Investment Plan (IIP) for the development of photovoltaic farms.
The European Commission has endorsed a positive preliminary assessment of Belgium's second payment request for €909 million under the Recovery and Resilience Facility.
Romania reached a landmark moment in its energy sector, with wind power generating over 30% of the nation's total electricity consumption—an achievement the authorities have described as symbolic.
Verbund Wind Power Romania has acquired a fully developed wind energy project from Monsson, a multinational group specializing in wind, solar, energy storage, and green hydrogen solutions.
TenarisSilcotub has finalized its first renewable energy project with the completion of a 20 MW solar park, developed through an investment of €20 million.
TotalEnergies has officially launched the 20-MW Gluchow 2 wind park, marking the completion of its 40-MW wind power development in Poland's Lodz province.
Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. has completed the construction of a solar power plant and a hybrid energy storage system at its production site in Tápiószele, Hungary.
As electric vehicle (EV) adoption lags behind expectations, the European Automobile Manufacturers' Association (ACEA) calls for a more unified and ambitious approach to incentive programs across the EU.
EBRD will extend a regional loan of up to €120 million to AFI Europe (AFI) to support the company's ongoing development projects in Serbia, Poland, Romania, and Czechia.
The Dacia Foundation for Romania (FDpR) officially announced its launch, alongside the launch of its grant programme “Mobility Matters”.
The European Bank for Reconstruction and Development (EBRD) is providing an additional loan of up to €72 million to BIG CEE as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.
Battery-electric vehicles (BEVs) accounted for 15.2% of the EU market share as of February 2025, marking a significant rise from 11.5% in the same period of 2024.
ABB Robotics' third Automotive Manufacturing Outlook Survey, conducted in collaboration with Automotive Manufacturing Solutions, reveals that global manufacturers and top-tier suppliers see the transition to Smart Factories as a vital step forward
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
InnoEnergy, a leading European investor in clean technologies, has unveiled a new growth strategy for 2025–2030, aiming to secure up to €160 billion in funding for the sector.
The European Investment Bank (EIB) Group's new financing in Croatia has reached a record level of €1.24 billion last year, with major support aimed at greening transport, cities and businesses.
The European Commission has approved a €960 million Czech scheme to support investments in strategic sectors to foster the transition to a net-zero economy.
The European Investment Bank (EIB) Group's financing in Poland rose 10% on the year in 2024, reaching €5.7 billion and helping accelerate modern development of cities and regions, as well as energy transition.
The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
Serbia's government has signed a €100 million loan agreement with the European Investment Bank (EIB) to refurbish the Bistrica and Potpec hydropower plants in the country's west.
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.
The European Commission and the European Investment Bank (EIB) Group are collaborating with national promotional banks (NPBs) and international financial institutions (IFIs) to create new financing opportunities for affordable and sustainable housing across Europe.
