EU hits 24.5% renewables, targets 42.5% by 2030
The EU reached a 24.5% share of its gross final energy consumption from renewable sources in 2023, around 1.5 percentage points (pp) higher than in 2022 and almost 3 times higher than in 2004 (9.6%).
The EU reached a 24.5% share of its gross final energy consumption from renewable sources in 2023, around 1.5 percentage points (pp) higher than in 2022 and almost 3 times higher than in 2004 (9.6%).
Croatia's Ministry of Environmental Protection and Green Transition has announced plans to allocate €651.8 million in grants next year.
PPC Energie and PPC Energie Muntenia, both part of the PPC Group in Romania, will merge.
Henkel aims to become climate-positive by 2030, meaning it will generate more clean energy than it consumes, going beyond carbon neutrality.
French green energy operator Valorem has partnered with Polish engineering group Triobud Investments to develop up to 700 MW of hybrid wind-solar projects in Poland, with potential for further expansion.
EIB and EMT have agreed on a €69 million loan to finance the expansion of EMT Valencia's fleet of zero-emission buses
Poland's latest renewables auctions, as revealed by the Energy Regulatory Authority (URE), saw solar power take a commanding lead, securing 198 out of 200 successful bids.
Masdar has made significant strides in expanding its renewable energy portfolio in Europe through two major acquisitions in the Iberian Peninsula, supporting its ambitious growth objectives.
Between December 2023 and November 2024, a total of 2.68 billion "SGR" packaging units were processed at recycling stations.
Emeren Group has announced the signing of a 7-year Power Purchase Agreement (PPA) for a solar farm in Poland's southwest Silesia region.
OX2 has secured contracts in a Polish government auction to supply electricity from a 165 MW solar park and a 40 MW wind farm.
The European Investment Bank (EIB) and ORLEN Group, Poland's largest energy company, have signed a second loan agreement this year, amounting to €207 million, to support energy transition projects.
The European Investment Bank (EIB) and Iberdrola, backed by SACE's Archimede Guarantee, have signed a new €100 million green loan agreement to build a new photovoltaic plant in Italy.
The Agency for Financing Rural Investments (AFIR) has launched a new funding call, offering €150 million in grants for photovoltaic and wind power projects for self-consumption in Romania.
Exus Renewables has announced its expansion into Poland with the acquisition of two significant wind farm portfolios.
Vestas has received turbine orders totaling 151 MW for four projects across Poland, Denmark, Italy, and Portugal.
The European Commission allocated €26.8 billion in loans and grants under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania.
European Energy successfully secured a contract for several battery projects in Poland.
Premier Energy PLC has announced that its subsidiary, Alive Renewable Holding Limited, has finalized the acquisition of a 90% stake in Development Power Solar Energy SRL.
MOL has expanded its renewable energy capabilities by acquiring Naperőmű Farm, a company behind the development of a 66 MW solar power plant in Ballószög, Hungary.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
EIB Group has signed a €93 million synthetic securitization agreement with Cetelem, the Spanish brand of BNP Paribas Personal Finance, to support green investments aimed at improving residential energy efficiency.
Dentons, a global law firm, has played a pivotal role in the Romanian renewable energy sector by advising Sousol Holdings Ltd. on the successful sale of a 54 MW wind power project to Engie Romania.
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.
PPC has begun the second phase of construction on its flagship 490 MW solar power plant in Megalopoli, part of a broader strategy to repurpose former lignite mining sites into renewable energy hubs.