The European Bank for Reconstruction and Development (EBRD) officially launched its InvestEU programme in Bulgaria today, marking a major step forward in the country's transition to a green and sustainable economy.
Global energy investment will reach a record €3.04 trillion in 2025, driven by clean technologies, despite geopolitical and economic uncertainties, according to the latest IEA report.
Poland's government has pledged €54 million in state aid to support the construction of what is set to become the world's largest factory for offshore wind turbine towers.
The Oradea City Hall has completed a €25.6 million investment project, funded through non-reimbursable financial support from the Ministry of Investments and European Projects.
OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria.
Rețele Electrice România, part of the PPC Group in Romania, has completed a new transformer substation in the resort town of Mamaia to enhance electricity distribution in the area, especially during the high-demand summer tourist season.
Photon Energy N.V. and Hyperion Renewables have announced the signing of an engineering, procurement, and construction (EPC) contract for a photovoltaic project located in Săliște, Romania.
Romania's Ministry of Energy has launched its second Contract for Difference (CfD) auction to support the development of 2,000 MW of onshore wind and 1,472 MW of solar energy capacity.
In 2024, Poland experienced a significant leap forward in its renewable energy transition, driven largely by a surge in small-scale renewable energy installations (MIOZE).
OMV announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank's "Auctions-as-a-Service" tool for the auction closing in 2025.
Nofar Energy will build an even larger facility. The company has signed a turnkey contract, including operation and maintenance services, for a 265 MW solar power plant in Corbii Mari, Dâmboviţa County.
The European Commission has endorsed a positive preliminary assessment of Belgium's second payment request for €909 million under the Recovery and Resilience Facility.
Romania reached a landmark moment in its energy sector, with wind power generating over 30% of the nation's total electricity consumption—an achievement the authorities have described as symbolic.
Ember, a global energy think tank, reports that 2024 marked a historic shift in electricity generation: for the first time since the 1940s, low-carbon sources—such as renewables and nuclear—accounted for more than 40% of global electricity.
Poland's National Fund for Environmental Protection and Water Management (NFOŚiGW) has opened a call for applications to co-finance electricity storage facilities, with funding from the Modernisation Fund.
The European Commission published a positive preliminary assessment of France's request for a €3.26 billion disbursement under the NextGenerationEU programme.
PPC Group has announced a €5.75 billion strategic investment initiative aimed at converting former lignite mining areas in Western Macedonia into a major center for green energy and technology.
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).
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.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
