Axpo has signed its first electricity purchase agreements in Hungary. Together the deals cover approximately 60 megawatts (MW) of green energy under pay-as-produced power purchase agreements (PPAs).
Transelectrica has unveiled a comprehensive development plan for the country's electricity transmission network (RET) over the next decade, with an investment of €1.88 billion.
In 2024, photovoltaic energy surpassed coal in electricity generation across the European Union for the first time in history.
Polish solar developer R.Power Renewables announced that it is on track to develop a 100-MWp portfolio of solar farms in Portugal, with 50 MWp already operational across eight sites.
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.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
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.
