Regulation | 30 May, 2025 at 9:37 AM
EU advances toward 2030 climate and energy goals
EU Member States have significantly closed the gap to achieving the 2030 energy and climate targets.
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.
Energa Green Development has acquired the PV Serby project, one of the largest planned solar farms in Poland, with a projected capacity of 112 MW.
ORLEN Venture Capital (ORLEN VC) has invested in Hystar, a Norwegian company specializing in high-efficiency proton-exchange membrane (PEM) electrolysers for large-scale, zero-emission hydrogen production.
PPC Group advanced two battery energy storage system (BESS) projects in Western Macedonia, northern Greece.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
