EBRB, in partnership with the European Union (EU), is providing a loan of up to €15 million to Erste Bank in Serbia to support green investments by small and medium-sized enterprises (SMEs).
The European Commission has shared with interested parties the draft decision to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China.
The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
EBRD and EU have allocated nearly €500,000 in grants to ten Ukrainian firms, aimed at fostering the development and implementation of innovative, climate-friendly technologies.
The European Commission has approved Romania's allocation of a €3 billion aid scheme to support installations producing onshore wind and photovoltaic solar energy.
The Parliament and Council have reached a preliminary agreement on revised regulations aimed at reducing, reusing, and recycling packaging, and promoting the circular economy.
At the top of the ranking are Finland, Portugal, and France. Meanwhile, Hungary was named the worst country in the EU for gender equality in the workplace.
The voluntary framework is intended to facilitate and speed up the deployment of high-quality carbon removal and soil emission reduction activities in the EU.
European solar manufacturers have accused China of unfair trade practices. SolarPower Europe advocates for urgent support to bolster the domestic industry.
EU economy greenhouse gas emissions totalled 854 million tonnes CO2-eq in the third quarter of 2022. Among the EU countries with increased emissions in the third quarter of 2022 were Ireland (+17%), Estonia and Malta (both +8%).
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
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.
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.
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.
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.