Energy | 7 February, 2025 at 8:55 PM
Electrica completes acquisitions of Crucea Power Park
Electrica finalized the acquisition of Crucea Power Park SRL (CPP), a company primarily focused on wind energy production.
Electrica finalized the acquisition of Crucea Power Park SRL (CPP), a company primarily focused on wind energy production.
Serbia's government has signed a €100 million loan agreement with the European Investment Bank (EIB) to refurbish the Bistrica and Potpec hydropower plants in the country's west.
The European Investment Bank (EIB) approved approximately €53.5 million in financing to support sustainable urban development of Poland's south-eastern city of Kielce.
Syrena Real Estate has entered into a corporate Power Purchase Agreement (cPPA) with Polenergia Sprzedaż.
The European Commission has allocated €422 million to support 39 innovative projects aimed at expanding alternative fuel infrastructure across the EU.
Romania is set for a significant expansion in the photovoltaic sector in 2025, driven by funding programs such as Casa Verde and RePower EU.
CMS has provided legal counsel to DRI in relation to the physical power purchase agreements (PPAs) concluded with OMV Petrom for three solar projects.
Power, one of the largest independent renewable energy producers in Europe, has announced its first international project finance agreement with CaixaBank, S.A. and Banco BPI, totaling €38.6 million.
Croatia's solar market is expanding annually, with most growth driven by residential and industrial rooftop installations.
Poland's Tele-Fonika Kable (TFK) and the Industrial Development Agency (ARP) have signed a letter of intent to collaborate on building a cable laying vessel (CLV) for installing and maintaining subsea cables in offshore wind farms, primarily in the Baltic Sea.
Kajima Poland, a subsidiary of Japan's Kajima Corporation, has completed an 11.6-MW photovoltaic (PV) plant for NGK Ceramics' Polish unit.
Visual Fan announced the signing of a contract with Societatea Națională a Sării S.A. for the design and execution of a photovoltaic park with a nominal capacity of 1.963 MWp.
Orange Romania has signed a new 10-year virtual Power Purchase Agreement (vPPA) with ENGIE Romania to secure 40 GWh of renewable energy annually.
Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.
Photon Energy N.V. announced that its Hungarian subsidiary Photon Energy Operations HU Kft has signed an asset management agreement for two PV power plants.
EC has approved a €48 million French measure to support Envision AESC France in setting-up a new factory for the production of Lithium-ion batteries for electric vehicles in Douai.
The European Commission will allocate almost €1.25 billion in grants from the Connecting Europe Facility (CEF) to 41 cross-border energy infrastructure projects.
EBRD and the EU are stepping up their support for Serbia's green transition with a new investment to help boost renewable sources.
ABB and Škoda Group have announced a partnership, the first of its kind between the two companies, that marks a milestone in railway electrification.
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.
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.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
