World Energy Outlook 2024 showed critical choices facing governments and consumers as a period of more ample supplies nears and surging electricity demand reshapes energy security.
The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland.
Solar photovoltaic (PV) energy production reached 2.57 billion kWh in the first eight months of this year, representing a 60.5% increase compared to the same period last year.
In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries.
The EBRD has approved a €4 million loan to Bosnia and Herzegovina's PMF to support residential green investments.
The European Commission acknowledged the European Court of Auditor's (ECA) comprehensive evaluation of the 2023 EU budget, as outlined in its Annual Report.
The European Commission has approved two Luxembourgish schemes with a total budget of €520 million to help manufacturing companies decarbonize their production processes.
The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry.
Johnson & Johnson has reached the milestone of 100% renewable electricity for its operations in Europe.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale Borzești from RNV Infrastructure.
Restart Energy's long-term goals center around driving significant growth in renewable energy production while embedding sustainability into every facet of our operations.
With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, a new IEA report says.
Restart Energy has completed the implementation of a photovoltaic project for Fileca Industry worth more than 300,000 euros.
BayWa r.e. announced the completion of the Tarquinia solar park in Italy with an installed capacity of 51.4 MWp.
Jantzen Renewables, a leading renewable energy developer, announced the appointment of Razvan Popa as its new Chief Executive Officer.
EU's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs.
EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.
Polenergia has acquired an additional 40% of the project company Naxxar Wind Farm Four SRL (NX4).
The International Energy Agency's Global Hydrogen Review 2024 reports that the production of low-emissions hydrogen projects that reached final investment decisions has doubled in the past year.
2023 saw the highest-ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million.
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.
