2024 data shows renewable energy exceeds 30% of global electricity supply
Last year marked a significant milestone as renewable energy surpassed 30% of the world's electricity generation for the first time.
Last year marked a significant milestone as renewable energy surpassed 30% of the world's electricity generation for the first time.
EBRD provided a €10 million loan for the acquisition of cutting-edge trams, aligning with Sarajevo's vision for a greener public transit system.
Premier Energy Group disclosed that the country's financial oversight authority, ASF, has greenlit the prospectus for its upcoming initial public offering (IPO).
Addressing climate change is a fundamental aspect of our long-term growth strategy and our commitment to achieving net-zero emissions across all our operations by 2050.
This five-year pact maps out strategies for developing more than 10.5 gigawatts of new renewable energy capacity.
Speakers of the panel on best practices at Romania ESG Forum 2024 opened a discussion revolving around ESG investing and decarbonization strategies.
ABB inaugurated a new factory in Belgium, investing €20 million in its construction, situated in Evergem, near Ghent.
This loan, aimed at corporates and small and medium-sized enterprises (SMEs), will facilitate investments in eco-friendly initiatives.
Saint-Gobain has entered into a renewable electricity supply agreement with OMV Petrom in Romania.
RWE has commenced the development of its inaugural solar facility in Italy. The completion of the project is slated for the year's end.
Eurostar has committed to power its trains entirely with renewable energy by 2030.
The European Commission will allocate nearly €720 million to seven renewable hydrogen projects across Europe.
The Romanian Ministry of Energy announced that he offshore wind energy law will come into effect on May 30th.
PepsiCo announced the implementation of its latest eco-friendly initiative: the integration of photovoltaic panels across three key sites in Romania.
Restart Energy has finalized the installation of a photovoltaic power generation system for Romtextil S.A., valued at over €500,000.
The European Parliament adopted the provisional political agreement reached with EU countries on new measures to improve air quality in the EU.
Romanians' interest in green energy solutions, such as installing solar panels, is on the rise in early 2024 compared to the beginning of 2023.
The real estate, renewable energy, and transportation sectors are frontrunners for sustainable practices, alongside the public sector which should play an important role.
Holcim Romania launches its first bricklaying binder with 10% recycled concrete from construction demolition materials and it has 30% less CO2.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, will test a new carbon capture and utilization technology at the Petrobrazi refinery, starting in June.

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.