EIB invests €400 million in Poland's largest wind farm
EIB signed an agreement to support Poland's largest utility Polska Grupa Energetyczna (PGE) with a €400 million loan towards the design and construction of Baltica 2.
EIB signed an agreement to support Poland's largest utility Polska Grupa Energetyczna (PGE) with a €400 million loan towards the design and construction of Baltica 2.
Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.
Poland and Canada have signed an agreement to strengthen cooperation on nuclear power, providing a legal framework for closer ties.
Polenergia, Poland's largest privately owned energy company, has signed a six-year deal with video game developer CD PROJEKT to supply 22 gigawatt hours (GWh) of renewable energy.
Renewables company Qair has secured two energy storage projects in Poland, with a combined power capacity of 200MW and energy storage of 800MWh.
PGE and ZE PAK have reached an agreement to establish the terms and conditions for acquiring both a gas and a nuclear project.
Axpo has signed its first electricity purchase agreements in Hungary. Together the deals cover approximately 60 megawatts (MW) of green energy under pay-as-produced power purchase agreements (PPAs).
Transelectrica has unveiled a comprehensive development plan for the country's electricity transmission network (RET) over the next decade, with an investment of €1.88 billion.
Ursula von der Leyen, the President of the European Commission, launched the Global Energy Transition Forum, together with the Executive Director of the International Energy Agency, Fatih Birol.
In 2024, photovoltaic energy surpassed coal in electricity generation across the European Union for the first time in history.
DRI, the EU renewables arm of Ukrainian energy company DTEK, announced plans to develop a 120 MW wind farm in Croatia.
Polish solar developer R.Power Renewables announced that it is on track to develop a 100-MWp portfolio of solar farms in Portugal, with 50 MWp already operational across eight sites.
Battery-electric cars remained the third-most-popular choice for buyers in 2024, according to the European Automobile Manufacturers' Association.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
EBRD invested €707 million in 44 projects in Romania last year, a notable increase from the €658 million invested in 23 projects in 2023.
Qualitas Energy announced today the acquisition of a 117 MWp solar portfolio in Poland.
The Romanian Ministry of Energy is set to allocate an additional €150 million for electricity storage batteries.
Romania and Turkey have signed their first bilateral memorandum of cooperation in the energy sector, marking a significant step toward enhanced collaboration in both traditional and renewable energy fields.
Polenergia, the largest private energy group in Poland, has begun the technological commissioning of its Szprotawa photovoltaic farm—its most ambitious solar project to date.
OMV Petrom will expand its electric mobility infrastructure by adding fast-charging services for electric trucks, with 400 kW stations integrated into its network.
UniCredit Leasing, the leading financial leasing company in Romania, has announced a new strategic partnership with BYD, the world's largest manufacturer of new energy vehicles.
Axpo's Polish subsidiary has signed a route-to-market agreement to supply renewable electricity to Auchan's operations in Poland.