EIB has signed a €120 million loan with Iberdrola to finance the development of research and innovation projects involving energy technologies.
The EU-Angola Sustainable Investment Facilitation Agreement (SIFA) has officially taken effect, marking the first-ever EU agreement focused on investment facilitation.
Wind and hydropower collectively accounted for over two-thirds of the total renewable electricity generated (37.5% and 29.9% respectively).
Renewables are set to make up more than one-third of total electricity generation by early 2025, overtaking coal.
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.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
