Energy | 20 September, 2024 at 8:47 PM
Europe adds 6.4 GW of wind capacity in H1 2024
WindEurope's Autumn Wind Energy Data shows Europe built 6.4 GW of new wind farms in the first half of 2024.
WindEurope's Autumn Wind Energy Data shows Europe built 6.4 GW of new wind farms in the first half of 2024.
Multilateral Development Banks (MDBs) announced that their global climate finance reached a record high of €118 billion in 2023, a significant increase compared to 2019 levels.
Nokian Tyres hosted the Grand Opening of its passenger car tire factory in Oradea, Romania today.
The European Commission has approved a €2.7 billion Austrian scheme to support companies active in the industrial sector to decarbonise their production processes.
New car sales in the European Union dropped by 18.3% last month, with major markets like Germany, France, and Italy experiencing double-digit declines in EV sales.
EIB and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy, and Portugal.
The new IEA report offers a first-of-its-kind global stocktake of efforts to integrate variable renewables across 50 power systems, identifying best practices and key challenges.
EBRD announced that is considering a €90 million sovereign loan to support the construction of a large solar-thermal plant in Novi Sad, Serbia's second-largest city.
Simtel, together with PRIME Batteries Technology, announced the signing of a partnership for the development of advanced renewable energy technologies.
The Romanian Competition Council announced its analysis of the deal through which Greece's Public Power Corporation (PPC) plans to acquire the operators of the Fântânele-Cogealac wind farm.
Photon Energy has connected a new 7.5 MWp solar photovoltaic (PV) power plant to the grid in Romania, marking its twelfth operational plant in the country.
Eurowind Energy signed a Shares Purchase Agreement in August for the acquisition of different projects totaling 11 PV projects of 5MW AC each.
Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.
The European Commission has approved a €682 million Belgian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
Bulgarian investment fund Sofia Angels Ventures (SAV) participated in a €3 million funding round for UK-based, Romanian-founded energy tech startup Ogre AI.
The European Commission has published the State of the Energy Union Report 2024 which describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission's mandate.
With support from the EBRD, Romania has introduced a Contract for Difference (CfD) mechanism this week aimed at developing renewable energy infrastructure.
The European Investment Bank (EIB) will finance the construction of a new wind farm in Lower Austria with an initial loan of €20.1 million to WEB Windenergie AG (W.E.B).
EBRD will provide a loan of €55 million to Turkey's Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity.
Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
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.
