Global clean energy transition faces challenges
IEA's latest monitor shows wide variations in clean energy deployment among regions and technologies amid increased manufacturing capacity and declining costs.
IEA's latest monitor shows wide variations in clean energy deployment among regions and technologies amid increased manufacturing capacity and declining costs.
The Bulgarian Ministry of Energy has approved €268 million in state aid for 249 renewable energy projects, including energy storage units.
EBRD has agreed to invest up to €29.3 million in a green bond issuance by Poland's R.Power SA. This investment will secure funds for renewable energy projects.
Polish renewable energy company Grenevia has secured a significant loan from the Polish Development Fund to fuel its solar energy expansion.
The Solar Energy division of Visual Fan announced the signing of a contract with Austrotherm for the development of a photovoltaic park with a capacity of approximately 999.90 kWp.
Eolenerg Project has ordered 12 wind turbines to be installed in their new wind farm in Săcele, Constanța, with Vestas Wind Systems.
Polska Grupa Energetyczna (PGE) has initiated commercial operations of its 1,366 MW gas-fired power plant in Western Pomerania.
Cellnex and Elawan Energy have signed a Power Purchase Agreement (PPA) for the supply of renewable electricity.
Photon Energy's Hungarian subsidiary has completed and commissioned a 658 kW solar power plant for Clarion Hungary, a subsidiary of Forvia.
AkzoNobel's has been installed at its Pilawa site in Poland, further powering the company's efforts to transition all its production locations to renewable electricity.
EY advised Alternus Energy Group, a leading international solar PV operator and developer, in selling a portfolio of operational solar PV projects in Poland totaling 89 MW.
Romanian energy company W4Energy will revolutionize renewable energy in Ilfov county with its latest project, WFUltra.
Croatian food and pharmaceutical producer Podravka has completed a €5 million investment in rooftop solar panels as part of its sustainability strategy.
Strabag and Polenergia have signed a contract for the supply of green energy from renewable sources. The contract with one of the market leaders in the construction industry was concluded by Polenergia Sprzedaż.
Sonnedix, a global independent solar power producer, has officially opened a 21MW solar cluster in the Podlasie region of north-east Poland.
Serbia has announced the launch of its second renewable energy auction. Wind projects up to an approved quota of 300 MW and solar PV projects up to 124.8 MW.
Raiffeisen Private Banking, Romania's leading private banking service, has reached the €1 billion mark in investment products.
BAT aims to achieve a 50% reduction in our Scope 1, 2 & 3 emissions by 2030 and to be Net Zero across their value chain by 2050.
PPC Renewables Romania has started the construction works of the Deleni wind farm, located in Vaslui County.
The Nokian Tyres factory in Oradea will build a photovoltaic park for its energy consumption and is inviting specialized firms to submit their bids by November 1, 2024.

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.