Industry | 19 March, 2025 at 3:00 PM
Renewable energy powers 47% of electricity in 2024
In 2024, 47.4% of net electricity generated in the EU came from renewable energy sources, up by 2.6 percentage points (pp) compared with 2023.
In 2024, 47.4% of net electricity generated in the EU came from renewable energy sources, up by 2.6 percentage points (pp) compared with 2023.
The European Commission granted a total of €67.4 million in financial aid to support works & studies for cross-border renewable energy projects.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
