
Mobility
EU invests €422 million in green transport infrastructure
The European Commission has allocated €422 million to support 39 innovative projects aimed at expanding alternative fuel infrastructure across the EU.
The European Investment Bank (EIB) approved approximately €53.5 million in financing to support sustainable urban development of Poland's south-eastern city of Kielce.
Romania is set for a significant expansion in the photovoltaic sector in 2025, driven by funding programs such as Casa Verde and RePower EU.
CMS has provided legal counsel to DRI in relation to the physical power purchase agreements (PPAs) concluded with OMV Petrom for three solar projects.
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.
Syrena Real Estate has entered into a corporate Power Purchase Agreement (cPPA) with Polenergia Sprzedaż.
Power, one of the largest independent renewable energy producers in Europe, has announced its first international project finance agreement with CaixaBank, S.A. and Banco BPI, totaling €38.6 million.
Croatia's solar market is expanding annually, with most growth driven by residential and industrial rooftop installations.
Poland's Tele-Fonika Kable (TFK) and the Industrial Development Agency (ARP) have signed a letter of intent to collaborate on building a cable laying vessel (CLV) for installing and maintaining subsea cables in offshore wind farms, primarily in the Baltic Sea.
Kajima Poland, a subsidiary of Japan's Kajima Corporation, has completed an 11.6-MW photovoltaic (PV) plant for NGK Ceramics' Polish unit.
Visual Fan announced the signing of a contract with Societatea Națională a Sării S.A. for the design and execution of a photovoltaic park with a nominal capacity of 1.963 MWp.
Orange Romania has signed a new 10-year virtual Power Purchase Agreement (vPPA) with ENGIE Romania to secure 40 GWh of renewable energy annually.
Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.
Photon Energy N.V. announced that its Hungarian subsidiary Photon Energy Operations HU Kft has signed an asset management agreement for two PV power plants.
EBRD and the EU are stepping up their support for Serbia's green transition with a new investment to help boost renewable sources.
EIB signed an agreement to support Poland's largest utility Polska Grupa Energetyczna (PGE) with a €400 million loan towards the design and construction of Baltica 2.
Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.
EC has approved a €48 million French measure to support Envision AESC France in setting-up a new factory for the production of Lithium-ion batteries for electric vehicles in Douai.
The European Commission will allocate almost €1.25 billion in grants from the Connecting Europe Facility (CEF) to 41 cross-border energy infrastructure projects.
ABB and Škoda Group have announced a partnership, the first of its kind between the two companies, that marks a milestone in railway electrification.
Battery-electric cars remained the third-most-popular choice for buyers in 2024, according to the European Automobile Manufacturers' Association.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and EMT have agreed on a €69 million loan to finance the expansion of EMT Valencia's fleet of zero-emission buses
Registrations of battery-electric cars declined by 9.5% to 130,757 units in November 2024.
EBRD will advance the broader use of innovative financial instruments in Poland by signing a synthetic securitisation deal and new lending commitment with Bank Millenium.
Top lenders discussed their strategies for integrating ESG considerations into financing decisions at the first CEE ESG Forum 2024, organised by Property Forum and Green Forum in Vienna last November.
The European Commission has approved the acquisition of joint control of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation.
Croatia's Ministry of Environmental Protection and Green Transition has announced plans to allocate €651.8 million in grants next year.
The Agency for Financing Rural Investments (AFIR) has launched a new funding call, offering €150 million in grants for photovoltaic and wind power projects for self-consumption in Romania.
The European Commission allocated €26.8 billion in loans and grants under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania.
Enery has successfully secured a €214.45 million bank loan facility to drive the development and consolidation of its renewable energy projects in Romania.
Renewables developer OX2 has secured €73 million in financing from Germany's Nord/LB, a leading energy transition bank, for the development of a 100 MW solar farm in Poland.
Registrations of battery-electric cars declined by 9.5% to 130,757 units in November 2024.
ABB's Smart Buildings Division has announced a strategic collaboration with the World Green Building Council's (WorldGBC) European Regional Network (ERN) to accelerate sustainable and energy-efficient building practices across Europe.