Latest news

Wednesday, 16 October, 2024

20:18

Rezolv Energy secures €90 million for Bulgarian solar park

Actis-backed Rezolv Energy has secured up to €90 million in debt financing from the IFC - International Finance Corporation and Raiffeisen Bank International AG to support the construction of the ‘St. George's Solar Park in north-eastern Bulgaria.

Tuesday, 15 October, 2024

20:11

Energy crisis demands a swift clean transition

World Energy Outlook 2024 showed critical choices facing governments and consumers as a period of more ample supplies nears and surging electricity demand reshapes energy security.

20:09

EIB approved €5.8 billion for key energy and transport projects

The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland.

Monday, 14 October, 2024

19:57

Solar energy production surges by 60% in the first eight months

Solar photovoltaic (PV) energy production reached 2.57 billion kWh in the first eight months of this year, representing a 60.5% increase compared to the same period last year.

19:55

EU imports more green energy products than it exports

In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries.

19:53

EBRD approves €4 million loan for Bosnia's green homes

The EBRD has approved a €4 million loan to Bosnia and Herzegovina's PMF to support residential green investments.

Friday, 11 October, 2024

20:46

EU invests in sustainable economic growth and solidarity

The European Commission acknowledged the European Court of Auditor's (ECA) comprehensive evaluation of the 2023 EU budget, as outlined in its Annual Report.

20:43

Commission approves €520 million Luxembourgish state aid for climate

The European Commission has approved two Luxembourgish schemes with a total budget of €520 million to help manufacturing companies decarbonize their production processes.

Thursday, 10 October, 2024

19:49

EIB and Intesa Sanpaolo announce €8 billion wind deal in Italy

The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry.

19:41

Johnson & Johnson achieves 100% renewable energy in Europe

Johnson & Johnson has reached the milestone of 100% renewable electricity for its operations in Europe.

19:28

OMV Petrom acquires 50% of Electrocentrale Borzești

OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale Borzești from RNV Infrastructure.

Wednesday, 9 October, 2024

18:00

Restart Energy to expand its renewable capacity to over 1 GW by 2030

Restart Energy's long-term goals center around driving significant growth in renewable energy production while embedding sustainability into every facet of our operations.

16:06

Renewables by 2030 could match major economies' capacity

With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, a new IEA report says.

12:00

Restart Energy completes PV projects for Fileca Industry

Restart Energy has completed the implementation of a photovoltaic project for Fileca Industry worth more than 300,000 euros.

Tuesday, 8 October, 2024

19:00

EU strengthens deforestation rule enforcement

The European Commission published additional guidance for the implementation of the EU Deforestation Regulation.

18:58

BayWa r.e. completes solar park continues in Italy

BayWa r.e. announced the completion of the Tarquinia solar park in Italy with an installed capacity of 51.4 MWp.

Monday, 7 October, 2024

18:57

Jantzen Renewables elevates Razvan Popa to CEO

Jantzen Renewables, a leading renewable energy developer, announced the appointment of Razvan Popa as its new Chief Executive Officer.

18:54

EU member states approve tariffs on Chinese EVs

EU's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs.

Friday, 4 October, 2024

18:32

Renault Group and SUEZ strengthen circular economy alliance

Renault Group and SUEZ are deepening their partnership to transform waste management and recycling practices in the automotive industry.

Thursday, 3 October, 2024

21:05

EBRD invests €100 million in Green Genius

EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.

21:04

Polenergia acquires full stake in Naxxar wind farm

Polenergia has acquired an additional 40% of the project company Naxxar Wind Farm Four SRL (NX4).

Wednesday, 2 October, 2024

14:28

IEA data shows hydrogen capacity with FIDs has doubled

The International Energy Agency's Global Hydrogen Review 2024 reports that the production of low-emissions hydrogen projects that reached final investment decisions has doubled in the past year.

14:26

Renewables jobs hit a record 16.2 million in 2023

2023 saw the highest-ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million.

14:24

CIS Group builds 23 MW photovoltaic park in Romania

CIS Group signed a contract for the construction of a photovoltaic park in Copșa Mică. The park is expected to become operational at the beginning of next year.

Tuesday, 1 October, 2024

20:17

EBRD plans €100 million loan for Serbian schools

EBRD plans to provide a sovereign loan of up to €100 million to enhance energy efficiency in up to 70 schools across Serbia.

20:13

Romgaz successfully issues bonds on international markets

Romgaz successfully concludes the first issue of bonds on the international markets.

20:10

RetuRO opens a facility in Prahova, creating 120 green jobs

RetuRO inaugurated today in Ariceștii Rahtivani, Prahova County, the seventh regional center for counting and sorting DRS packaging.

Monday, 30 September, 2024

16:26

OMV Petrom buys solar projects in Romania

OMV Petrom, closed the acquisition of several photovoltaic projects from the Danish company Jantzen Renewables ApS.

12:00

Liberty Steel's commits to 250MW solar energy development

Liberty Steel is working hard to improve their renewable energy sources, with the first 50MW of our proposed 250MW on-site solar farm programme already in development.

Friday, 27 September, 2024

17:25

EU approves €1 billion Portuguese Aid for net-zero transition

The European Commission has approved a €1 billion Portuguese scheme to support investments for the production of equipment necessary to foster the transition towards a net-zero economy.

17:23

Rezolv Energy signs contract to boost green energy in Romania

Rezolv Energy has announced the signing of a seven-year vPPA with the Italian utility company A2A for the annual supply of 150 GWh of green electricity.

Thursday, 26 September, 2024

20:20

Simtel and Monsson partner on renewable energy projects in Romania

Simtel and Monsson announced the signing of a strategic partnership aimed at developing, constructing, and selling photovoltaic and hybrid projects with a total installed capacity of approximately 150 MWp.

20:16

Equilibrium is the first in Bucharest to use WasteTracker

Equilibrium becomes the first building in Bucharest to implement the digital WasteTracker system for waste management in office buildings.

20:14

Parapet starts major PV project in Giurgiu, Romania

Parapet, an EPC solutions provider in the renewable energy sector, has initiated work on one of Romania's largest photovoltaic plants in Ghimpați, Giurgiu County.

Wednesday, 25 September, 2024

22:00

Strabag targets climate neutrality by 2040

Strabag announced its initiative to achieve climate neutrality by 2040 throughout the entire value chain, embracing digital, innovative, and eco-friendly solutions.

21:00

Visual Fan completes 1 MWp solar plant for Saint-Gobain

Romanian tech firm Visual Fan, operating under the Allview brand, announced the completion of a 1 MWp photovoltaic (PV) plant for Saint-Gobain's Romanian division.

20:00

PPC acquires wind and solar parks and 1.7 GW in Greece

Public Power Corp (PPC Group) has reached an agreement with the Copelouzos and Samaras groups to acquire their operating wind and photovoltaic assets.

Tuesday, 24 September, 2024

22:00

EU survey: Europeans are saving energy and adopting clean solutions

European citizens support the energy policy pursued by the EU in the last five years.

21:12

Countries can transform energy by implementing COP28 goals

A new report from the International Energy Agency (IEA) shows that tripling renewable energy capacity and doubling energy efficiency by 2030.

20:27

Restart Energy completes PV project for Tehno Proenergy

Restart Energy has finalized the implementation of a photovoltaic project for the company Tehno Proenergy worth approximately €900 000. The beneficiary's investment will be amortized in about 5 years.

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