Mercedes-Benz has revealed its intention to initiate testing of an 11-megawatt-hour system at its Rastatt car factory in Germany, commencing in 2025.
Antibiotice Iasi has inaugurated a 2.5 MW photovoltaic facility, a project funded by the Romanian Recovery and Resilience Plan (RRP).
EBRD has approved a financing package totaling €91.4 million for the establishment of a new wind farm in Serbia.
Kaufland Romania has launched a project through which Kaufland Card owners with electric cars have the possibility to charge their vehicles at one of the charging stations.
French cruise ship company Ponant and French startup Farwind Energy have signed an agreement for refueling ships using renewable hydrogen.
TotalEnergies announced its Sustainability & Climate – 2024 Progress Report, in line with the pledge made by the Board of Directors in 2020.
EC has given the green light to a €900 million French initiative aimed at bolstering companies investing in biomass and renewable hydrogen for energy and fuel production.
Public Power Corp (PPC), based in Greece, has completed the acquisition of the 84 MW wind farm owned by Lukoil in Romania.
R.Power secured a portfolio of over 200 MWp in Romania, along with grid connection permits, and an additional 1 GWp in the developmental pipeline.
Simtel Team has obtained non-refundable financing of €12.2 million for the construction of the Giurgiu photovoltaic power plant.
EBRD backed energy efficiency initiatives in residential areas of Vilnius, Lithuania, by investing in Šiaulių Bank's energy efficiency fund.
Copenhagen Airport has achieved a significant milestone by installing a large battery for storing green power, making it one of the pioneering airports in Europe to do so.
Renault Group CEO, Luca de Meo, urges EU nations to collaborate to address competition disparities with China and the U.S. and safeguard the bloc's automotive industry.
TotalEnergies announced that it has surpassed the milestone of 1.5 gigawatts (GW) of signed renewable Power Purchase Agreements (PPAs).
The company plans to open a center for the production of smart metering solutions in the second quarter of this year.
EDP Renováveis (EDPR) unveiled a 202-megawatt (MW) solar energy park in central Portugal, marking its largest such facility in Europe.
The European Investment Bank (EIB) has signed a €33 million investment loan to construct one of its largest solar photovoltaic plants near Pristina.
Datacor Green Energy has built 13 photovoltaic plants for Aquabis, with a total investment of €3.0 million.
Korkia and Econous Green Energy have joined forces to spearhead the development of 600 MW of solar power in Romania.
As global decarbonization influences ESG priorities, sustainable development strategies undergo significant shifts worldwide in 2024.
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.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
