The European Investment Bank (EIB) Group's new financing in Croatia has reached a record level of €1.24 billion last year, with major support aimed at greening transport, cities and businesses.
Porsche eBike Performance, a German company specializing in advanced electric drive systems for e-bikes, has chosen a site in Croatia for its future battery production facility.
Croatia's solar market is expanding annually, with most growth driven by residential and industrial rooftop installations.
EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.
Croatian oil and gas company INA has announced it plans to invest €40 million ($46 million) in a biogas/biomethane plant using agricultural waste.
The European Commission has decided to refer Croatia to the Court of Justice of the European Union for failure to bring national legislation in line with EU legislation on waste.
wpd, a renewable energy developer based in Germany, plans to build a solar power plant at the site of its existing wind farm Katuni in Croatia. The new solar power plant with an installed capacity of 30 MW and the existing wind farm with a capacity of 34.2 MW will together deliver a maximum of 39 MW to the grid at a time. This is in line with wpd's existing connection contract with the transmission system operator.
Energia Naturalis (ENNA) investment group from Croatia is starting preparations for an initial public offering (IPO) and plans to invest over €1 billion into green projects in Croatia. The company is developing large renewable energy projects, primarily solar and geothermal.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
