Poland's government has pledged €54 million in state aid to support the construction of what is set to become the world's largest factory for offshore wind turbine towers.
Colliers has successfully supported Invesco Real Estate in negotiating and signing four Corporate Power Purchase Agreements (cPPAs) with Polenergia Sprzedaż, a leading player in the Polish renewable energy sector.
The facility, under construction in central Bulgaria, is being developed by Chint Green Energy, a subsidiary of Chint Group, which also owns the solar panel manufacturer Astronergy.
EU Member States have significantly closed the gap to achieving the 2030 energy and climate targets.
The Oradea City Hall has completed a €25.6 million investment project, funded through non-reimbursable financial support from the Ministry of Investments and European Projects.
Greenvolt Power, part of the Greenvolt Group, has reached an agreement to sell a portfolio of four wind farms in Poland with a total installed capacity of 33.2 MW.
Polish photovoltaic developer R.Power has sold a 49.9% stake in two of its special purpose vehicles (SPVs), responsible for developing a solar portfolio with a total capacity of 91.6 MWp, to an undisclosed financial investor.
OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria.
Auchan Romania has a long-term ambition to reduce direct emissions by 46% by 2030 and to use only renewable energy by the same year.
Two companies with strategic roles in Romania's energy ecosystem – WALDEVAR Energy and Prime Batteries – are contributing to the development of the “Da Vinci New Project,” a large-scale photovoltaic park located in Nanov, Teleorman County, owned by Alive Capital.
Bulgaria has taken a major step forward in its renewable energy strategy with the inauguration of a 124 MW / 496.2 MWh battery energy storage system (BESS) in the north-central city of Lovech
The European Commission has introduced new measures to accelerate the EU's shift toward a low-carbon economy.
Rețele Electrice România, part of the PPC Group in Romania, has completed a new transformer substation in the resort town of Mamaia to enhance electricity distribution in the area, especially during the high-demand summer tourist season.
The European Investment Bank (EIB) has signed a financing agreement worth €700 million to support the construction of two major offshore wind farms—Bałtyk 2 and Bałtyk 3—developed by Norway's Equinor and Poland's Polenergia along the Polish coast of the Baltic Sea.
Romania's Ministry of Energy has launched a call for expressions of interest to conduct a comprehensive study aimed at identifying areas in the Black Sea suitable for offshore wind development.
VSB has launched operations at a 41.6 MW wind farm in the Silesian municipality of Pietrowice Wielkie, Poland.
The European Bank for Reconstruction and Development (EBRD) has subscribed €76 million under VGP's existing green bond programme. VGP is a pan-European developer of premium logistics and semi-industrial real estate.
GreenYellow has successfully completed one of the most significant investments in Poland's distributed photovoltaic (PV) sector.
Allview Solar Energy, the renewable energy division of Visual Fan S.A., has signed a contract with Prodlacta S.A.
The joint venture partners behind the project – Equinor, the international energy company headquartered in Norway, and Polenergia have made their final investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind farms, paving the way for full-scale construction.
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.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
