Energy | 4 September, 2025 at 9:26 AM
Solar overtakes gas as Hungary's second-largest electricity source
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
GreenYellow has successfully completed one of the most significant investments in Poland's distributed photovoltaic (PV) sector.
Energa Green Development has acquired the PV Serby project, one of the largest planned solar farms in Poland, with a projected capacity of 112 MW.
Holcim Hungary's Királyegyháza cement plant now uses solar energy, covering up to one-third of its electricity needs from renewables, thanks to a 28.45 MWp solar park inaugurated on April 10, 2025.
Ingka Investments, the investment arm of the Ingka Group – the largest IKEA retailer, has inaugurated its first solar park in Poland, reinforcing the commitment to the renewable energy transition.
Poland's National Fund for Environmental Protection and Water Management (NFOŚiGW) has opened a call for applications to co-finance electricity storage facilities, with funding from the Modernisation Fund.
Polish solar developer R.Power has secured €12.4 million in project financing to support the development of its first solar projects in Romania, targeting a combined capacity of 23 MWp.
Visual Fan, through its renewable energy division Renewable EPC by Allview, has secured a contract to design and build a photovoltaic park of over 5 MW in Reșița, Caraș-Severin County.
Polish solar developer R.Power has signed a long-term power purchase agreement (PPA) to supply around 240 GWh of solar energy to local telecom operator Play.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
In 2024, photovoltaic energy surpassed coal in electricity generation across the European Union for the first time in history.
Polish solar developer R.Power Renewables announced that it is on track to develop a 100-MWp portfolio of solar farms in Portugal, with 50 MWp already operational across eight sites.
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.
SolarPower Europe (SPE) forecasts 65.5GW of solar PV additions in the EU for 2024, marking a significant slowdown compared to previous years.
EIB will provide €243 million in financing to leading independent clean wind and solar energy operator ERG Group to promote the development of renewable energy in Italy, France and Germany.
The International Energy Agency (IEA) has released its October 2024 report, outlining a promising future for photovoltaic (PV) solar energy.
Eurowind Energy has achieved a significant milestone by installing the first wind turbine at its Pecineaga wind farm in Constanța County, Romania.
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.
Solar photovoltaic (PV) energy production reached 2.57 billion kWh in the first eight months of this year, representing a 60.5% increase compared to the same period last year.
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
