Latest news

Friday, 29 November, 2024

07:37

Just 1 in 10 solar panel owners choose energy storage

Only one in ten individuals who installed photovoltaic systems in the first ten months of the year also opted for an energy storage solution.

07:24

EC greenlights €590 million for Bulgarian storage projects

The European Commission has approved a €590 million state aid scheme in Bulgaria to support investments in energy storage facilities, accelerating the country's transition to a net-zero economy.

07:10

PPC Energie and Romania's Ministry test solar energy storage

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.

Thursday, 28 November, 2024

07:44

Nokian Tyres' new Oradea factory will use renewable energy

Nokian Tyres secured CO2 emission-free energy for its new tire factory in Romania through a contract with renewable energy provider Enery.

07:16

Poland's Hynfra to build €9.8 billion green energy plant in Egypt

The General Authority for Investment (GAFI) in Egypt has commissioned Polish energy company Hynfra to construct a green ammonia production facility.

Wednesday, 27 November, 2024

07:33

SPIE unveils ECONTROLplus for renewable energy in Poland

SPIE Energotest has developed an innovative ECONTROLplus system that enables comprehensive management and optimisation of Renewable Energy Sources (RES) installations, increasing their efficiency and reliability.

07:28

Poland commits €640 million to hydrogen for green transition

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.

07:23

Romania's Simtel launches energy storage solutions

Simtel will expand its portfolio by launching a new business line dedicated to energy storage systems.

Tuesday, 26 November, 2024

07:10

EBRD supports Autonom's sustainability-linked bond issuance

The European Bank for Reconstruction and Development (EBRD) will invest €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.

07:08

Monsson transfers 50MW solar park to NEPI Rockcastle

Monsson has completed the transfer of 100% ownership of a 50MW photovoltaic park in Chisinau-Cris, Arad County, to NEPI Rockcastle, which plans to begin construction in January 2025.

07:06

EIB Group secures €145 million for solar loans in Poland

The European Investment Bank Group (EIBG) signed its first synthetic securitization transaction backed by solar panel loans to private individuals in Poland with Inbank.

Monday, 25 November, 2024

21:00

EU and Beijing may set minimum price for Chinese EVs

EU and Chinese representatives will explore alternatives to the tariffs imposed on Chinese electric vehicles, including setting minimum prices for these vehicles in Europe.

19:00

MET Group acquires Comax France

MET Group has acquired a 100% stake in Comax France, a company specializing in combined heat and power (CHP) and battery energy storage systems (BESS).

16:02

Danske Commodities' signs largest renewables deal in Poland

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.

Friday, 22 November, 2024

08:31

PPC finalizes Evryo Group renewable acquisition in Romania

PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.

07:11

CATL starts battery plant production in Hungary in 2025

CATL announced that its battery plant in Debrecen, Hungary, will begin production in 2025 as scheduled.

07:10

Lockheed Martin and Sinteza to build battery plant in Romania

Lockheed Martin and Romanian company Sinteza have signed a letter of intent to build a €50 million GridStar Flow battery factory in Oradea.

Thursday, 21 November, 2024

08:29

Poland's Orlen sets ambitious sustainability targets

Orlen has committed to driving the energy transition and a greener future.

08:27

EC approves €578 million aid for Romanian energy-intensive firms

The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies

08:25

Mezzanine Partner launches Croatia's first "dark green" fund

Investment firm Mezzanine Partner has introduced the €100 million Energy Adria Fund, Croatia's first energy fund classified as "dark green".

Wednesday, 20 November, 2024

20:23

Deloitte: Energy transition costs could drop 25% with de-risking tools

The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.

20:16

EU leads the way in green finance

The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.

Tuesday, 19 November, 2024

18:24

Romania launches €150 million battery storage grant

The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.

18:17

Roeslein boosts renewable energy focus with new Polish design center

Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.

18:15

Nala Renewables starts building green breeze wind farm

Nala Renewables has initiated construction on its Green Breeze wind farm in eastern Romania.

Monday, 18 November, 2024

07:27

EU emissions drop 2.6% in Q2 2024

In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq).

07:25

Arctic Paper boosts renewable energy with Polish solar park

Arctic Paper S.A. has announced the acquisition of a 4 MW solar park located near Warsaw, Poland.

Friday, 15 November, 2024

07:40

Defic Globe to build 4 new PV plants in Bucharest

Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.

07:36

EC approves aid for Romanian coal mine closure

The European Commission has given the green light to a €790 million state aid package for Romania.

07:35

PPC Group commits €10 billion for green energy

PPC Group has announced a bold investment plan of €10.1 billion over the next three years.

Thursday, 14 November, 2024

09:34

Panattoni gets €74.34 million green loan for project in Poland

The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.

09:32

Electrica to issue green bonds and build two solar plants

Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.

07:45

Multilateral development banks to increase climate financing

Multilateral development banks (MDBs) issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

Wednesday, 13 November, 2024

07:27

Tauron boosts renewable energy capacity in Poland

Polish energy company Tauron Polska Energia SA has recently commissioned its 58.5 MW wind farm in Mierzyn, West Pomeranian province.

07:25

IEA: solar energy to outshine traditional sources

The International Energy Agency (IEA) has released its October 2024 report, outlining a promising future for photovoltaic (PV) solar energy.

07:23

IKEA's investment company acquires Polish wind farm

Ingka Investments, the investment arm of IKEA owner Ingka Group, has acquired the 62 MW Wysoka wind farm in Poland from OX2.

Tuesday, 12 November, 2024

21:58

Poland: EIB funds Orlen's energy shift with €200 million

EIB and ORLEN Group, Poland's largest energy company, signed a €200 million loan agreement for projects supporting energy transition.

21:00

Eurowind Energy starts 48 MW Pecineaga wind farm

Eurowind Energy has achieved a significant milestone by installing the first wind turbine at its Pecineaga wind farm in Constanța County, Romania.

07:40

EU approves €9.4 billion for Poland's recovery plan

The European Commission has endorsed a positive preliminary assessment of Poland's payment request for the second and third instalments for €9.4 billion.

Monday, 11 November, 2024

07:41

OMV Petrom starts construction on Romania's largest solar project

OMV Petrom has initiated construction on its largest solar project in Romania.

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