Business
MVM to acquire E.ON Energie Romania majority stake
MVM and E.ON have finalized an agreement for the sale and purchase of E.ON's energy retail and customer solutions business in Romania.
EBRD has increased its equity stake in Sunly, a renewable-energy developer and Independent Power Producer of power, with a €36 million investment.
TotalEnergies announced its agreement to purchase VSB Group, a German renewable energy developer, for €1.57 billion from Swiss asset manager Partners Group.
Swedish fashion retailer H&M Group has entered a solar power purchase agreement (PPA) with Polish solar energy developer R.Power SA.
In Romania, L'Oréal encourages people to choose larger sizes and refills while helping them understand how and where to recycle our packaging.
Nokian Tyres secured CO2 emission-free energy for its new tire factory in Romania through a contract with renewable energy provider Enery.
The General Authority for Investment (GAFI) in Egypt has commissioned Polish energy company Hynfra to construct a green ammonia production facility.
Simtel will expand its portfolio by launching a new business line dedicated to energy storage systems.
MET Group has acquired a 100% stake in Comax France, a company specializing in combined heat and power (CHP) and battery energy storage systems (BESS).
Orlen has committed to driving the energy transition and a greener future.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
Transformations in schools, the Botanical Garden, and the Circular Economy Center offer Bucharest residents direct opportunities for practical learning and active involvement in the community.
Auchan Romania has released its fourth annual Sustainability Report, a voluntary initiative designed to provide transparency into the company's activities and initiatives over the past year.
Poland's energy major Polenergia has signed a multi-year power purchase agreement (PPA) to supply electricity to domestic courier company InPost from its 121 MW Debsk wind farm.
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.
Polska Grupa Energetyczna (PGE) has initiated commercial operations of its 1,366 MW gas-fired power plant in Western Pomerania.
EY advised Alternus Energy Group, a leading international solar PV operator and developer, in selling a portfolio of operational solar PV projects in Poland totaling 89 MW.
Romanian energy company W4Energy will revolutionize renewable energy in Ilfov county with its latest project, WFUltra.
BAT aims to achieve a 50% reduction in our Scope 1, 2 & 3 emissions by 2030 and to be Net Zero across their value chain by 2050.
Purcari announced the signing of a Memorandum of Understanding (“MoU”) with the Green for Growth Fund (“GGF”), advised by Finance in Motion.
Chimcomplex, a leader in the chemical industry in Romania, and Econic Technologies, a deep tech company focused on renewable carbon, have signed a memorandum of understanding.
Allview Solar Energy announced the completion of a 410 kWp full EPC project, featuring a Growatt WIT-100A energy storage system, for Aqua Invest.
Actis-backed Rezolv Energy has secured up to €90 million in debt financing from the IFC - International Finance Corporation and Raiffeisen Bank International AG to support the construction of the ‘St. George's Solar Park in north-eastern Bulgaria.
Johnson & Johnson has reached the milestone of 100% renewable electricity for its operations in Europe.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
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.
Registrations of battery-electric cars declined by 9.5% to 130,757 units in November 2024.
Nuclearelectrica announced a €1.9 billion EPC contract with an international consortium to refurbish Unit 1 and extend its life by 30 years.
