The study indicates that only half of the available land deemed suitable for renewable energy is needed to achieve the EU's decarbonization goals by 2040.
Keppel MET Renewables has completed the acquisition of 100% of the shares in two photovoltaic projects in the Italian regions of Piedmont and Lombardy.
Restart Energy announced the completion of a 350 kW photovoltaic (PV) plant for local agricultural firm Cerealcom Timis.
The Romanian Minister of the Environment, Mircea Fechet, will launch two funding programs for the agricultural sector, financed by the National Recovery and Resilience Plan.
The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
The European Bank for Reconstruction and Development (EBRD) provided a loan of €100 million to the distribution subsidiaries of Public Power Corporation SA.
Renewable energy production in Italy surged by 27.3% in the first half of 2024 compared to the same period in 2023.
A significant majority of people worldwide want their countries to switch to clean energy as quickly as possible to combat the climate crisis.
Minister of Energy has signed 24 financing contracts aimed at supporting investments in new electricity production capacities from renewable sources.
Electrica has completed the acquisition of the project company New Trend Energy having as its main object of activity the generation of energy from photovoltaic sources.
The European Commission has approved a Bulgarian scheme to provide €142.1 million to support the country's energy sector.
Restart Energy has completed the construction and installation of a photovoltaic project for Dip&Gip, totaling more than €200,000.
Nala Renewables has announced an agreement with Monsson, to acquire a 61 MWp solar photovoltaic (PV) project in Western Romania.
Amazon achieved a milestone in 2023 by matching all electricity consumed by its operations, including data centers, with 100% renewable energy.
Hidroelectrica signed the contract for the modernization of the Vidraru Hydropower Plant, a project of strategic importance for the National Energy System (SEN).
The EU aims to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050.
With heatwaves and constant increases in energy prices, more Romanians are seeking ways to lower costs and alleviate concerns about energy bills.
European Energy has secured grid connection approvals for approximately 500 MW of solar and wind energy projects across Romania.
Rezolv Energy has signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert.
Restart Energy announced the completion of a 160 kW photovoltaic (PV) installation for guest house operator Nobilia Class in Romania.
Shikun & Binui Energy has secured a €49 million loan from the Raiffeisen Group for the Simleu Silvaniei Project, a 101 MW photovoltaic facility located in northwest Romania.
Entek acquired two Romanian companies owning the rights, some of which are in the application process, to a 214.26 MWdc solar power project under development,
Clean electricity generation in Europe reached unprecedented levels. In the first half of 2024, renewables accounted for over 50% of total power generation.
Hidroelectrica has inaugurated the Microcentrala (MHC) Poiana Ruscă, marking the completion of its first investment project with external financing.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
