OMV Petrom, in partnership with Complexul Energetic Oltenia (CE Oltenia), announced the signing of the design and execution contracts for four photovoltaic parks.
R.Power Group, one of Europe's leading renewable energy companies, has secured a €12.4 million project finance agreement with Bank Gospodarstwa Krajowego (the Polish National Development Bank).
EDP Energia Polska has signed an agreement with Cemex Polska to install and operate photovoltaic (PV) systems with a total capacity of 14 MWp across eight of Cemex's plants in Poland.
FF Ventures has entered the Romanian market and plans to develop 500 MW of solar projects and 500 MW of energy storage projects over the next three years.
TotalEnergies announced that it has surpassed the milestone of 1.5 gigawatts (GW) of signed renewable Power Purchase Agreements (PPAs).
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.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
