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 has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq).
Starting from 2026, any electronic product introduced to the EU market must be easily repairable, reusable, and recyclable.
The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.
The European Commission initiated a third call for proposals totaling €90 million under the European Urban Initiative.
The European Union will require widespread adoption of electric vehicles across its member states to meet ambitious CO2 emission reduction targets.
The European Union will spend €3.5 billion to protect the oceans and promote sustainability through a series of initiatives to be implemented this year.
The European Union has initiated an investigation into Chinese wind turbine companies for subsidies.
This platform will facilitate cooperation concerning critical raw materials (CRMs) crucial for global green and digital transitions.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
The Commission will scrutinize whether certain economic entities gained an unfair advantage in securing public contracts within the EU.
The European Union announced that it cannot afford to restrict the import of photovoltaic panels despite challenges faced by European producers in the industry.
The electric car battery recycling sector in the European Union (EU) will require €9 billion investment to expand capacity by 2035 to keep pace with increased production, according to the “EU recycling market” report by strategy&, PwC's global strategy practice.
From parcels for online purchases to coffee-to-go cups, packaging is almost everywhere.
In 2021, around 131 kilograms (kg) of food per inhabitant have been wasted in the EU, according to Eurostat.
Electric cars will represent almost a fifth of the global market in 2023, according to the report of the International Energy Agency (IEA), dedicated to electric vehicles (EV). Sales of electric vehicles are expected to rise by 35% this year, reaching 14 million units, representing 18% of the market - up from just 4% in 2020.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
