ECB: EU needs €558 billion for 2030 climate goals
ECB has warned that the EU risks missing its 2030 climate targets unless it increases investment in the green economy by an estimated €558 billion annually.
ECB has warned that the EU risks missing its 2030 climate targets unless it increases investment in the green economy by an estimated €558 billion annually.
The European Commission has approved the acquisition of joint control of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation.
DRI, the EU renewable energy division of Ukrainian energy company DTEK, has appointed Ivan Geliukh as its new CEO, succeeding John Stuart, who led the company for nearly three years.
Romania's Ministry of Energy has announced a goal of adding 2,500 MW of new capacity to the country's energy system by 2025.
RWE has been awarded 31 solar projects in Poland, with a combined capacity of 102 megawatts of direct current (MWdc).
Renalfa IPP, an independent energy developer and producer based in Vienna, has acquired a 258 MWac photovoltaic (PV) project located in Teleorman, Romania.
The EU reached a 24.5% share of its gross final energy consumption from renewable sources in 2023, around 1.5 percentage points (pp) higher than in 2022 and almost 3 times higher than in 2004 (9.6%).
Croatia's Ministry of Environmental Protection and Green Transition has announced plans to allocate €651.8 million in grants next year.
PPC Energie and PPC Energie Muntenia, both part of the PPC Group in Romania, will merge.
Henkel aims to become climate-positive by 2030, meaning it will generate more clean energy than it consumes, going beyond carbon neutrality.
French green energy operator Valorem has partnered with Polish engineering group Triobud Investments to develop up to 700 MW of hybrid wind-solar projects in Poland, with potential for further expansion.
EIB and EMT have agreed on a €69 million loan to finance the expansion of EMT Valencia's fleet of zero-emission buses
Poland's latest renewables auctions, as revealed by the Energy Regulatory Authority (URE), saw solar power take a commanding lead, securing 198 out of 200 successful bids.
Masdar has made significant strides in expanding its renewable energy portfolio in Europe through two major acquisitions in the Iberian Peninsula, supporting its ambitious growth objectives.
Between December 2023 and November 2024, a total of 2.68 billion "SGR" packaging units were processed at recycling stations.
Emeren Group has announced the signing of a 7-year Power Purchase Agreement (PPA) for a solar farm in Poland's southwest Silesia region.
OX2 has secured contracts in a Polish government auction to supply electricity from a 165 MW solar park and a 40 MW wind farm.
The European Investment Bank (EIB) and ORLEN Group, Poland's largest energy company, have signed a second loan agreement this year, amounting to €207 million, to support energy transition projects.
The European Investment Bank (EIB) and Iberdrola, backed by SACE's Archimede Guarantee, have signed a new €100 million green loan agreement to build a new photovoltaic plant in Italy.
The Agency for Financing Rural Investments (AFIR) has launched a new funding call, offering €150 million in grants for photovoltaic and wind power projects for self-consumption in Romania.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
Equinor and Polenergia have received the final environmental permit for the Bałtyk 1 offshore wind farm project.
HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.
The European Commission (EC) provides €52 million to support nine renewable energy projects across Finland and Estonia.
OMV announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.