Danske Commodities has entered trading and balancing agreements for the Polish offshore wind projects Bałtyk 2 and 3, marking its largest renewables deal to date.
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.
CATL announced that its battery plant in Debrecen, Hungary, will begin production in 2025 as scheduled.
Lockheed Martin and Romanian company Sinteza have signed a letter of intent to build a €50 million GridStar Flow battery factory in Oradea.
Orlen has committed to driving the energy transition and a greener future.
The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies
Investment firm Mezzanine Partner has introduced the €100 million Energy Adria Fund, Croatia's first energy fund classified as "dark green".
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
Nala Renewables has initiated construction on its Green Breeze wind farm in eastern Romania.
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq).
Arctic Paper S.A. has announced the acquisition of a 4 MW solar park located near Warsaw, Poland.
Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
Multilateral development banks (MDBs) issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.
Polish energy company Tauron Polska Energia SA has recently commissioned its 58.5 MW wind farm in Mierzyn, West Pomeranian province.
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.
