Green Forum
| 19 August, 2024 at 7:06 PM
Solar overtakes hard coal as a leading electricity source in EU
In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU.
In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU.
A new photovoltaic park is set to be constructed at Iași Airport, Romania, spanning five hectares.
Wind and solar power have reached a share of 30% of European Union (EU) electricity generation, overtaking fossil fuels for the first time.
The German group E.ON invested €2.9 billion in the energy transition during the first half of this year, an increase of over 20% or €500 million compared to the previous year.
CMS Law Firm has advised Nala Renewables (Nala on the acquisition of a 99.2 MW onshore wind project from OX2, one of Europe's leading developers of renewable energy sources.
EIB has granted a €35 million green loan to Haizea Wind Group, a Spanish company specializing in manufacturing components for the wind energy sector.
R.Power has announced the signing of contracts for the general execution of a 23 MWp photovoltaic park portfolio.
The Galați City Hall announced that the funding contract for setting up the first photovoltaic park with European funds has been signed.
PPC announced that it has entered into a binding agreement with Evryo Group, owned by funds managed by Macquarie Asset Management, to acquire their renewable energy generation portfolio in Romania.
Romania's Energy Ministry has allocated €13.38 million in non-refundable Modernisation Fund financing to various universities and municipalities for developing renewable energy sources (RES) and storage capabilities.
The renewable energy developer OX2 has finalized a sale agreement for a 99.2 MW onshore wind project in Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura.
The Danish developer and operator of wind, solar, and hybrid projects, Eurowind Energy, finalized the first half of the 48 MW Pecineaga wind farm infrastructure project.
EBRD will provide €100 million in funding to Enefit Green for the development and operation of the 255 MW Sopi-Tootsi wind park in Estonia.
The Romanian Competition Council will analyze the transaction through which OMV Petrom SA intends to acquire, together with RES Terranet Holding SRL, the companies Tenersolar Park SRL, Enerintens Solar SRL, and CIL PV Plant SRL.
PPC Renewables, the renewable energy division of Greece's PPC, will build a new wind farm with an installed capacity of 140 MW at the Deleni site in Vaslui County.
Restart Energy, a Romanian company specializing in renewable energy, announced the completion of a 225 kW photovoltaic (PV) installation for the local pastry business, Cibibon.
Allview Solar Energy has signed a contract with Autoliv Romania to implement a significant 5.7 MWp photovoltaic project.
Romania's Competition Council has given the green light for Premier Renewable to acquire Eolica Dobrogea One.
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.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
Dentons, a global law firm, has played a pivotal role in the Romanian renewable energy sector by advising Sousol Holdings Ltd. on the successful sale of a 54 MW wind power project to Engie Romania.
Hungarian energy company MVM has signed an agreement with a consortium led by Turkey's Çalık Holding and Italy's Ansaldo Energia to develop a 1,000 MW combined cycle gas turbine (CCGT) power plant at the Tiszaújváros site in northeastern Hungary.
ALDEVAR has firmly positioned itself as a European leader in the renewable energy sector.
The European Commission (EC) provides €52 million to support nine renewable energy projects across Finland and Estonia.
