Green Forum
| 24 June, 2024 at 11:00 AM
Four countries from Europe lead the way in the energy transition
However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.
However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.
Econergy has signed an agreement to sell its Niculești solar project to Enspire Enerji, investment branch of Turkey-based Entek Elektrik.
The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network.
Ember estimates that 20% of global electricity generation across midday peaks on the solstice today will come from solar and in the entire month of June.
This partnership involves virtual Power Purchase Agreements (vPPAs) for clean power generated by Rezolv's impressive Vifor wind farm in Romania.
OMV Petrom announced a revision of their 2030 strategy, focusing on a bigger push for renewable energy, sustainable fuels, and making electric vehicles more accessible.
The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.
Premier Energy signed the development of two photovoltaic projects with a combined capacity of 86 MW and 18 MW of storage capabilities.
IFC provided long-term debt financing for the 461-megawatt (MW) Vifor Wind Power Plant, to boost the supply of competitively priced renewable energy in Romania.
In 2023, the equivalent of 1.7 million more European homes became solar battery-powered.
EBRD is financing the first private energy deal led by a foreign investor to add renewable generation capacity in Ukraine since February 2022.
Engie Romania, together with EFdeN, launched the Sustainable Prosumer Guide, a set of recommendations for becoming a sustainable prosumer.
Nuclearelectrica and Korea Hydro & Nuclear Power (KHNP) announced the commencement of construction for Europe's first tritium removal facility at the Cernavoda Nuclear Power Plant.
Energy Minister Sebastian Burduja has signed 14 financing contracts for photovoltaic panels for municipalities and public institutions.
TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030.
Global spending on clean energy technologies and infrastructure will reach €1.85 trillion in 2024.
The tender is valued at €8.4 million, with Rețele Electrice Dobrogea being the beneficiary of the work.
The European Commission has approved an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources.
Since 2019, wind and solar capacity in the EU has grown by 65% (+188 GW). Wind capacity increased by 31% (+52 GW) to 219 GW in 2023.
The US will invest €78.6 million in a large-scale battery energy storage system in Moldova to enhance the country's energy resilience.
The European Commission has approved a €2 billion aid measure under EU State aid rules to support STMicroelectronics.
Visual Fan SA announced the completion of two key projects for important private companies in Romania in a very short period.
MK Hydroenergy Power, in partnership with Innovation Norway, has developed the first floating photovoltaic energy system on the Grebla hydropower plant's settling pond.
The European Commission has approved the fourth Important Project of Common European Interest (IPCEI) under EU State aid rules to support research within the hydrogen value chain.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
