Axpo has signed its first electricity purchase agreements in Hungary. Together the deals cover approximately 60 megawatts (MW) of green energy under pay-as-produced power purchase agreements (PPAs).
Transelectrica has unveiled a comprehensive development plan for the country's electricity transmission network (RET) over the next decade, with an investment of €1.88 billion.
Ursula von der Leyen, the President of the European Commission, launched the Global Energy Transition Forum, together with the Executive Director of the International Energy Agency, Fatih Birol.
Polish solar developer R.Power Renewables announced that it is on track to develop a 100-MWp portfolio of solar farms in Portugal, with 50 MWp already operational across eight sites.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
Amazon has added 100 new renewable energy projects, bringing its total capacity to over 33 gigawatts, solidifying its position as the largest corporate buyer of renewable energy.
ArcelorMittal Poland, a subsidiary of the global steel giant ArcelorMittal, has begun commissioning new hydrogen furnaces in its annealing shop in Krakow.
Dentons advised Exus Renewables, a global leader in renewable energy, on setting up business presence in Poland and the acquisition of a 53 MW wind farm portfolio.
Simtel Team's management has announced the opening of a new subsidiary in Essen, Germany, marking a significant milestone in the Group's international expansion strategy.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
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.