Energy
EBRD invests €707 million in 44 Romanian projects in 2024
EBRD invested €707 million in 44 projects in Romania last year, a notable increase from the €658 million invested in 23 projects in 2023.
Qualitas Energy announced today the acquisition of a 117 MWp solar portfolio in Poland.
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
Dentons advised Exus Renewables, a global leader in renewable energy, on setting up business presence in Poland and the acquisition of a 53 MW wind farm portfolio.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
There can be no doubt that Europe's success depends on how it tackles its energy challenge, according to the World Economic Forum.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
SolarPro Holding, Bulgarian engineering, procurement, and construction (EPC) contractor, will develop a 174 MW solar photovoltaic (PV) farm in Romania's Oltenia region.
Monsson has secured all necessary approvals to start building Europe's largest photovoltaic park, located in Arad County.
Allview Solar Energy has completed the development of four photovoltaic (PV) plants for Autoliv Romania, the local unit of Sweden-based car safety equipment manufacturer Autoliv.
Premier Energy has announced the successful completion of a 10 MW photovoltaic power plant by its subsidiary Navitas in the Republic of Moldova.
RWE has been awarded 31 solar projects in Poland, with a combined capacity of 102 megawatts of direct current (MWdc).
The EU reached a 24.5% share of its gross final energy consumption from renewable sources in 2023, around 1.5 percentage points (pp) higher than in 2022 and almost 3 times higher than in 2004 (9.6%).
French green energy operator Valorem has partnered with Polish engineering group Triobud Investments to develop up to 700 MW of hybrid wind-solar projects in Poland, with potential for further expansion.
Poland's latest renewables auctions, as revealed by the Energy Regulatory Authority (URE), saw solar power take a commanding lead, securing 198 out of 200 successful bids.
Emeren Group has announced the signing of a 7-year Power Purchase Agreement (PPA) for a solar farm in Poland's southwest Silesia region.
OX2 has secured contracts in a Polish government auction to supply electricity from a 165 MW solar park and a 40 MW wind farm.
The European Investment Bank (EIB) and Iberdrola, backed by SACE's Archimede Guarantee, have signed a new €100 million green loan agreement to build a new photovoltaic plant in Italy.
European Energy successfully secured a contract for several battery projects in Poland.
Premier Energy PLC has announced that its subsidiary, Alive Renewable Holding Limited, has finalized the acquisition of a 90% stake in Development Power Solar Energy SRL.
In 2023, renewable energy accounted for 24.5% of the EU's gross final energy consumption, marking a 1.4 percentage point increase compared to 2022.
SolarPower Europe (SPE) forecasts 65.5GW of solar PV additions in the EU for 2024, marking a significant slowdown compared to previous years.
EBRD has approved a €90 million loan for Engie Romania, part of France's Engie Group, to refinance the acquisition of an operational wind farm.
In the first ten months of 2024, solar energy generated by photovoltaic installations reached 3.18 billion kWh, marking a 55.1% rise compared to the same period last year.
ABO Energy recently inaugurated a 20 megawatts solar farm in Hungary, after having connected it to the grid.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
Qualitas Energy announced today the acquisition of a 117 MWp solar portfolio in Poland.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
EBRD invested €707 million in 44 projects in Romania last year, a notable increase from the €658 million invested in 23 projects in 2023.
