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.
PPC Group has entered the Italian renewable energy market with the launch of two photovoltaic (PV) plants boasting a combined installed capacity of 32 MW.
Canada has taken a significant step in supporting Poland's energy transition, with Export Development Canada (EDC) issuing a letter of intent to provide up €1.37 billion in financing for Poland's first nuclear power plant.
The Ministry of Energy has announced a significant expansion in Hungary's solar power capacity.
Hidroelectrica has announced the completion of refurbishment works on Hydro Unit No. 5 (HA5) at the Stejaru Hydroelectric Power Plant.
Polish utility Tauron Polska Energia SA has inaugurated a 30-MW wind farm in Warblewo, located in the West Pomeranian province.
EDF Renewables has completed the acquisition of a second battery energy storage project in Poland, with a capacity of 120 MW.
Econergy Renewable Energy has announced that its subsidiary, Econergy UK, has secured €28 million in financing to support the development of the Iancu Jianu solar photovoltaic (PV) project in Romania.
Poland's Ministry of Climate and Environment, in collaboration with the National Economy Bank (BGK), will advance hydrogen investments under the National Recovery and Resilience Plan.
Alive Capital, a renewable energy company in Romania, has commenced construction of a modern photovoltaic power plant in Nanov, Teleorman County.
Education and skills are pivotal to the success of Europe's Clean Industrial Deal, particularly in addressing the rapid expansion of the wind energy sector.
PPC Energie has implemented an integrated solution for electricity production using photovoltaic panels and battery storage on a residential building in Bucharest's Sector 6.
Poland has committed €640 million from its National Recovery and Resilience Plan (KPO) to advance hydrogen technologies, marking a major step toward a greener economy.
Danske Commodities has entered trading and balancing agreements for the Polish offshore wind projects Bałtyk 2 and 3, marking its largest renewables deal to date.
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.
CATL announced that its battery plant in Debrecen, Hungary, will begin production in 2025 as scheduled.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
Nala Renewables has initiated construction on its Green Breeze wind farm in eastern Romania.
Arctic Paper S.A. has announced the acquisition of a 4 MW solar park located near Warsaw, Poland.
Polish energy company Tauron Polska Energia SA has recently commissioned its 58.5 MW wind farm in Mierzyn, West Pomeranian province.
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.
