Business | 28 February, 2025 at 10:06 PM
SanoVita switches to 88% renewable energy
SanoVita, a leading local producer of plant-based products, has launched a renewable energy project to power its two production units in Râmnicu Vâlcea.
SanoVita, a leading local producer of plant-based products, has launched a renewable energy project to power its two production units in Râmnicu Vâlcea.
In 2024, the Hidroelectrica Group experienced a decline in both operational and financial performance compared to the previous year, largely due to unfavorable hydrological conditions.
The European Commission has launched a public consultation inviting all interested parties to express their views on the functioning of the competition rules applicable to vertical agreements in the automotive sector.
Qair continues to expand its renewable energy portfolio, having recently energized several photovoltaic projects in Poland.
E.ON Energie Romania announced the completion of a 655 kWp photovoltaic (PV) plant for the Romanian branch of German automotive parts supplier Continental Automotive.
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.
The European Commission has adopted an omnibus bill aimed at relaxing stringent environmental, sustainability, and investment regulations for companies.
The European Bank for Reconstruction and Development (EBRD) has supported the Ministry of Mining and Energy in designing and implementing Serbia's second renewables auction.
Polish solar developer R.Power has signed a long-term power purchase agreement (PPA) to supply around 240 GWh of solar energy to local telecom operator Play.
Metropolitan Warszawa continues to set standards by reducing energy costs by approximately €482,400 and emissions by 11,200 tons over the next three years.
Eurowind Energy announced that it has completed the installation of eight Siemens Gamesa wind turbines in the 48 MW wind farm at Pecineaga.
Polish energy company Polenergia has signed a corporate power purchase agreement (cPPA) to supply renewable energy to Hotel Warszawianka Congress Centre and Sofitel Grand Sopot.
The EU aims to be climate neutral by 2050, with renewable energy playing a vital role.
A consortium led by E.ON receives €45 million in EU funding to expand charging infrastructure for electric cars and commercial vehicles in Europe.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
Hidroelectrica announces the completion of a key phase in the maintenance works for hydro unit no. 1 at the Portile de Fier I Hydroelectric Power Plant.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
