EU approves €2.6 billion Estonian aid for offshore wind energy
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
The Lille Metropolitan area (Métropole européenne de Lille) has been awarded a green loan of €245 million by the European Investment Bank (EIB) to fund its public transport network and cycling paths.
The European Commission has approved a €682 million Belgian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.
The European Commission has approved the fourth Important Project of Common European Interest (IPCEI) under EU State aid rules to support research within the hydrogen value chain.
The European Commission has approved a €4 billion French State aid scheme designed to support the decarbonization of the manufacturing sector.
The European Critical Raw Materials Act came into effect, aiming to ensure a diverse, secure, and sustainable supply of critical raw materials for the EU's industry.
Eldrive Holding plans to invest approximately €146 million in the installation of 4,376 new charging stations for electric cars in Romania, 2,575 in Lithuania, and 1,530 in Bulgaria.
The European Commission has adopted a new proposal on combining transport modes for more sustainable freight.
The European Union's Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernize their energy systems, reduce greenhouse gas emissions in energy, industry, and transport, and improve energy efficiency. It is the joint largest disbursement to date and will boost Europe's green transition.
The European Commission calls on Romania to establish a functional air quality monitoring network. The European Commission decided to send a reasoned opinion to Romania for systemically failing to monitor air pollution as required by EU legislation on ambient air quality (Directive 2004/107/EC and Directive 2008/50/EC).
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.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.