Energy
Europe needs to double power distribution investments to win net-zero race
Europe will need to modernize its distribution grids to enable widespread electrification of transport, heating, and industry.
The European Bank for Reconstruction and Development (EBRD) financed a 10 MW solar power plant in the Feriana region, Tunisia.
Over 46% of homeowners are considering upgrading their heating systems to more energy-efficient ones, while close to 77% are contemplating investing in renewable energy.
EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.
The European Commission has introduced a series of updated recommendations and guidance documents to refine and expedite permitting procedures and auctions for renewables.
Helios & Wind Energy has received approval to construct 31 wind turbines with a total capacity of 186 MW/hour in Romania.
Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
Ocean Winds, a joint venture equally owned by EDP Renováveis and Engie, has selected Polish firm Crist Offshore to deliver the offshore substation for its 500 MW BC-Wind project.
