Premier Energy PLC has announced that its subsidiary, Alive Renewable Holding Limited, has finalized the acquisition of a 90% stake in Development Power Solar Energy SRL.
MOL has expanded its renewable energy capabilities by acquiring Naperőmű Farm, a company behind the development of a 66 MW solar power plant in Ballószög, Hungary.
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
Wizz Air has reported that its average carbon emissions for 2023 reached 51.5 grams per passenger/kilometre, 6.8% less than in 2022.
The European Commission approved the acquisition of Lotos by Polish PKN Orlen in the summer, and the news also had Hungarian implications, as PKN had to sell assets in order to acquire its sector partner, some of which were to be obtained bz Hungarian energy group Mol. The latest news is that this transaction has been completed, with Mol buying Lotos Paliwa, which operates 80% of the petrol stations owned by the Lotos oil company, for a total of USD 610 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.
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).
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.
