Global Energy Tansition Forum launched at COP28

Green Forum
Ursula von der Leyen, the President of the European Commission, launched the Global Energy Transition Forum, together with the Executive Director of the International Energy Agency, Fatih Birol.   

At COP28, the world rallied behind the targets of tripling renewable energy and doubling energy efficiency by 2030. The deadline is approaching fast. 

The Forum brings together partners from across the world, from Brazil, Canada, and the Democratic Republic of the Congo, to Kenya, Peru, South Africa, the United Arab Emirates, the United Kingdom, and many others, as well as companies and investors, who all share the same objective: maintaining the momentum on the clean energy transition, delivering flagship projects, and unlocking more investment.

No one can be left behind in the global clean energy transition. In her speech, President von der Leyen also highlighted the need for a collective effort to boost Africa's renewable energy production. Despite holding 60% of the world's best solar resources and aiming to increase its renewable energy capacity fivefold by 2030, the continent currently gets less than 2% of global clean energy investments.

 

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Energy

Waldevar Energy builds utility-scale PV parks in Romania

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.

Industry

Lidl Romania exceeds 2030 sustainability targets early

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.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

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.

Energy

Turkish investors pour millions into Romanian green energy

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.

READ MORE
Green Forum  |  17 December, 2025 at 8:49 AM
Green Forum  |  11 December, 2025 at 11:36 AM