Tag: green transition (14 articles)

Regulation   |   9 June, 2023 at 11:30 AM

EU Modernisation Fund invests €2.4 billion to accelerate green transition

The European Union's Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernize their energy systems, reduce greenhouse gas emissions in energy, industry, and transport, and improve energy efficiency. It is the joint largest disbursement to date and will boost Europe's green transition.

Energy   |   23 March, 2023 at 11:26 AM

Romania receives €103 million to build electricity storage facilities

The European Commission approves a scheme of Romania worth €103 million, within the Recovery and Resilience Mechanism, to support the construction of electricity storage facilities. The purpose of this measure is to support investments in electricity storage facilities, thus contributing to the EU's strategic objectives related to the green transition.

Regulation   |   17 March, 2023 at 4:09 PM

EU announces plans to lead green industrial revolution

The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition. Global investment in the green transition is set to triple by 2030 from $1 trillion last year.

RECOMMENDED FROM THE HOME PAGE
Environment

HORNBACH Romania to launch reusable plant trays

HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.

Business

Holcim launches 28.45 MW solar park in Hungary

Holcim has inaugurated a new solar park adjacent to its cement plant in Királyegyháza, Hungary, marking a significant advancement in the company's sustainability initiatives.