Industry | 10 December, 2024 at 8:00 PM
EDP Renewables starts first stand-alone storage project in Europe
EDP Renewables has started the construction of its first stand-alone battery energy storage (BESS) project in Europe.
EDP Renewables has started the construction of its first stand-alone battery energy storage (BESS) project in Europe.
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
Hidroelectrica has announced the completion of refurbishment works on Hydro Unit No. 5 (HA5) at the Stejaru Hydroelectric Power Plant.
The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania.
Polish utility Tauron Polska Energia SA has inaugurated a 30-MW wind farm in Warblewo, located in the West Pomeranian province.
EDF Renewables has completed the acquisition of a second battery energy storage project in Poland, with a capacity of 120 MW.
The InnoEnergy Skills Institute, a leading provider of training for Europe's sustainable energy workforce, has successfully trained 100,000 learners through its European Battery Alliance (EBA) Academy.
The Polish Parliament has adopted an amendment to the Renewable Energy Sources Act, introducing substantial changes designed to foster the growth of green energy in the country.
EBRD has increased its equity stake in Sunly, a renewable-energy developer and Independent Power Producer of power, with a €36 million investment.
TotalEnergies announced its agreement to purchase VSB Group, a German renewable energy developer, for €1.57 billion from Swiss asset manager Partners Group.
Econergy Renewable Energy has announced that its subsidiary, Econergy UK, has secured €28 million in financing to support the development of the Iancu Jianu solar photovoltaic (PV) project in Romania.
The European Commission and the European Investment Bank (EIB) announced a new partnership to support investments in the EU's battery manufacturing sector.
Poland's Ministry of Climate and Environment, in collaboration with the National Economy Bank (BGK), will advance hydrogen investments under the National Recovery and Resilience Plan.
The European Commission (EC) has launched its second European Hydrogen Bank auction with a boosted budget of €1.2 billion to support Renewable Fuel of Non-Biological Origin (RFNBO) hydrogen production.
Alive Capital, a renewable energy company in Romania, has commenced construction of a modern photovoltaic power plant in Nanov, Teleorman County.
Education and skills are pivotal to the success of Europe's Clean Industrial Deal, particularly in addressing the rapid expansion of the wind energy sector.
Swedish fashion retailer H&M Group has entered a solar power purchase agreement (PPA) with Polish solar energy developer R.Power SA.
Only one in ten individuals who installed photovoltaic systems in the first ten months of the year also opted for an energy storage solution.
The European Commission has approved a €590 million state aid scheme in Bulgaria to support investments in energy storage facilities, accelerating the country's transition to a net-zero economy.
PPC Energie has implemented an integrated solution for electricity production using photovoltaic panels and battery storage on a residential building in Bucharest's Sector 6.
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.
