Energy | 16 January, 2025 at 8:40 AM
Wind energy is crucial for maintaining Europe's competitiveness
There can be no doubt that Europe's success depends on how it tackles its energy challenge, according to the World Economic Forum.
There can be no doubt that Europe's success depends on how it tackles its energy challenge, according to the World Economic Forum.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
Danish turbine manufacturer Vestas has revealed plans to build a new blade factory in Szczecin, Poland, in response to increasing demand across Europe and globally.
Aurora Energy Research has released its inaugural European Renewables Market Overview Report, projecting that intermittent renewable energy capacity in Europe will more than triple by 2050.
SolarPro Holding, Bulgarian engineering, procurement, and construction (EPC) contractor, will develop a 174 MW solar photovoltaic (PV) farm in Romania's Oltenia region.
Hungarian energy firm Alteo plans to expand its presence in Central Europe and the Balkans, aiming to significantly grow its renewable energy portfolio.
Wind energy was 20% of all the electricity consumed in Europe. But Europe is not building enough new wind farms.
Monsson has secured all necessary approvals to start building Europe's largest photovoltaic park, located in Arad County.
Allview Solar Energy has completed the development of four photovoltaic (PV) plants for Autoliv Romania, the local unit of Sweden-based car safety equipment manufacturer Autoliv.
Premier Energy has announced the successful completion of a 10 MW photovoltaic power plant by its subsidiary Navitas in the Republic of Moldova.
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.
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.
