Energy | 7 May, 2024 at 7:00 AM
Microsoft signs contract for 10.5 GW of global renewable power capacity
This five-year pact maps out strategies for developing more than 10.5 gigawatts of new renewable energy capacity.
This five-year pact maps out strategies for developing more than 10.5 gigawatts of new renewable energy capacity.
Speakers of the panel on best practices at Romania ESG Forum 2024 opened a discussion revolving around ESG investing and decarbonization strategies.
ABB inaugurated a new factory in Belgium, investing €20 million in its construction, situated in Evergem, near Ghent.
RWE has secured funding for its Eemshydrogen initiative aimed at constructing a 50-megawatt electrolysis facility to produce green hydrogen.
To reduce its environmental footprint, Indotek Group will install a 5000-square-meter solar panel system, generating 1 MW on the roof of Plaza M.
Regarding environmental impact, the funded projects have resulted in annual savings of over 42,000 tons of CO2.
Saint-Gobain has entered into a renewable electricity supply agreement with OMV Petrom in Romania.
The European Council has formally endorsed a directive aimed at extending reporting deadlines for specific industries and companies outside the EU.
RWE has commenced the development of its inaugural solar facility in Italy. The completion of the project is slated for the year's end.
Eurostar has committed to power its trains entirely with renewable energy by 2030.
The European Commission will allocate nearly €720 million to seven renewable hydrogen projects across Europe.
The European Commission and EU consumer authorities have reached out to 20 airlines regarding potentially misleading green claims.
The Romanian Ministry of Energy announced that he offshore wind energy law will come into effect on May 30th.
Over 15,000 residences in Romania have been certified as "Green Homes" or have obtained precertification (still in the construction phase) between 2014 and 2024.
OMV Petrom has released its Sustainability Report for 2023, showcasing notable advancements in economic, environmental, and social realms.
Iberdrola, the Spanish power utility, announced the sale of its Romanian wind subsidiary, Eolica Dobrogea One, to power and gas distributor Premier Energy Group for €88 million.
European Parliament passed the Net-Zero Industry Act to boost EU production of technologies crucial for decarbonization efforts.
For the green transformation of the Romanian economy, it is of critical importance to have a true alignment of the private and public sectors.
The European Parliament has given its final approval to new regulations requiring companies to address their negative impacts on human rights and the environment.
The European Commission has given its approval to a €300 million initiative by France to bolster the efforts of Electricité de France's (EDF) subsidiary.
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.
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.
