The EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable raw materials.
The European Commission granted a total of €67.4 million in financial aid to support works & studies for cross-border renewable energy projects.
The European Bank for Reconstruction and Development (EBRD) provided a loan of €100 million to the distribution subsidiaries of Public Power Corporation SA.
Renewable energy production in Italy surged by 27.3% in the first half of 2024 compared to the same period in 2023.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
The European Commission has selected 134 transport projects to receive over €7 billion in EU grants from the Connecting Europe Facility (CEF).
Restart Energy completed 395.6 kW photovoltaic (PV) installation for local auto parts maker Thyssenkrupp Bilstein.
In 2022, environmental tax revenue in the EU amounted to €317.2 billion, representing 2.0% of the EU's gross domestic product (GDP).
Minister of Energy has signed 24 financing contracts aimed at supporting investments in new electricity production capacities from renewable sources.
Electrica has completed the acquisition of the project company New Trend Energy having as its main object of activity the generation of energy from photovoltaic sources.
The European Commission has approved a Bulgarian scheme to provide €142.1 million to support the country's energy sector.
The European Bank for Reconstruction and Development has priced its largest ever green bond transaction, issuing a €1 billion 7-year benchmark.
Restart Energy has completed the construction and installation of a photovoltaic project for Dip&Gip, totaling more than €200,000.
Nala Renewables has announced an agreement with Monsson, to acquire a 61 MWp solar photovoltaic (PV) project in Western Romania.
Amazon achieved a milestone in 2023 by matching all electricity consumed by its operations, including data centers, with 100% renewable energy.
For the year 2024, Raiffeisen Bank Romania will continue to finance eligible projects that support the sustainable development of key sectors of the economy,
The European Bank for Reconstruction and Development (EBRD) has approved a €30 million loan to Serbia aimed at funding investments in renewable heat generation.
Hidroelectrica signed the contract for the modernization of the Vidraru Hydropower Plant, a project of strategic importance for the National Energy System (SEN).
The EU aims to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050.
Wizz Air will maintain its commitment to significantly reduce CO2 intensity by 2030.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
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.
