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.
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.
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.
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.
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.
Dutch-based DRI has signed Romania's largest physical solar power purchase agreement (PPA) with leading oil and gas company OMV Petrom.
In 2023, renewable energy accounted for 24.5% of the EU's gross final energy consumption, marking a 1.4 percentage point increase compared to 2022.
EU countries have updated their goals for the deployment of offshore renewable energy up to 2050 in each of the EU's 5 sea basins, with intermediate objectives to be achieved by 2030 and 2040.
Tauron has inaugurated the Gamów wind farm in the Silesian province, its 14th onshore wind farm. Located in the Rudnik commune, the site includes 15 turbines with a total capacity of 33 MW.
Enery has successfully secured a €214.45 million bank loan facility to drive the development and consolidation of its renewable energy projects in Romania.
EBRD has approved a €90 million loan for Engie Romania, part of France's Engie Group, to refinance the acquisition of an operational wind farm.
The European Investment Bank (EIB) is using again its €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Commerzbank AG.
PPC Group has entered the Italian renewable energy market with the launch of two photovoltaic (PV) plants boasting a combined installed capacity of 32 MW.
Renewables developer OX2 has secured €73 million in financing from Germany's Nord/LB, a leading energy transition bank, for the development of a 100 MW solar farm in Poland.
Polish utility Tauron Polska Energia SA has inaugurated a 30-MW wind farm in Warblewo, located in the West Pomeranian province.
EBRD has increased its equity stake in Sunly, a renewable-energy developer and Independent Power Producer of power, with a €36 million investment.
Poland has announced that its first offshore wind auction will take place in December 2025, aiming to award contracts for up to 4 GW of new capacity. I
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.
The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.
Cristian Barbu, a pioneer in Romania's renewable energy sector, is returning with a new focus: energy storage.