Industry
Wind Energy leads electricity production in Romania
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
The Romanian Ministry of Energy is set to allocate an additional €150 million for electricity storage batteries.
ArcelorMittal Poland, a subsidiary of the global steel giant ArcelorMittal, has begun commissioning new hydrogen furnaces in its annealing shop in Krakow.
Aurora Energy Research has released its inaugural European Renewables Market Overview Report, projecting that intermittent renewable energy capacity in Europe will more than triple by 2050.
Wind energy was 20% of all the electricity consumed in Europe. But Europe is not building enough new wind farms.
DRI, the EU renewable energy division of Ukrainian energy company DTEK, has appointed Ivan Geliukh as its new CEO, succeeding John Stuart, who led the company for nearly three years.
Romania's Ministry of Energy has announced a goal of adding 2,500 MW of new capacity to the country's energy system by 2025.
Masdar has made significant strides in expanding its renewable energy portfolio in Europe through two major acquisitions in the Iberian Peninsula, supporting its ambitious growth objectives.
The European Investment Bank (EIB) and ORLEN Group, Poland's largest energy company, have signed a second loan agreement this year, amounting to €207 million, to support energy transition projects.
Vestas has received turbine orders totaling 151 MW for four projects across Poland, Denmark, Italy, and Portugal.
Nuclearelectrica announced a €1.9 billion EPC contract with an international consortium to refurbish Unit 1 and extend its life by 30 years.
Tauron has inaugurated the Gamów wind farm in the Silesian province, its 14th onshore wind farm. Located in the Rudnik commune, the site includes 15 turbines with a total capacity of 33 MW.
Poland has received €9.4 billion from the EU's National Recovery Plan (NRP) after fulfilling its second and third payment requests.
EIB will provide €243 million in financing to leading independent clean wind and solar energy operator ERG Group to promote the development of renewable energy in Italy, France and Germany.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
The European Investment Bank (EIB) is using again its €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Commerzbank AG.
EDP Renewables has started the construction of its first stand-alone battery energy storage (BESS) project in Europe.
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania.
The InnoEnergy Skills Institute, a leading provider of training for Europe's sustainable energy workforce, has successfully trained 100,000 learners through its European Battery Alliance (EBA) Academy.
The Polish Parliament has adopted an amendment to the Renewable Energy Sources Act, introducing substantial changes designed to foster the growth of green energy in the country.
The European Commission (EC) has launched its second European Hydrogen Bank auction with a boosted budget of €1.2 billion to support Renewable Fuel of Non-Biological Origin (RFNBO) hydrogen production.
Only one in ten individuals who installed photovoltaic systems in the first ten months of the year also opted for an energy storage solution.
The European Commission has approved a €590 million state aid scheme in Bulgaria to support investments in energy storage facilities, accelerating the country's transition to a net-zero economy.
SPIE Energotest has developed an innovative ECONTROLplus system that enables comprehensive management and optimisation of Renewable Energy Sources (RES) installations, increasing their efficiency and reliability.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
Qualitas Energy announced today the acquisition of a 117 MWp solar portfolio in Poland.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
EBRD invested €707 million in 44 projects in Romania last year, a notable increase from the €658 million invested in 23 projects in 2023.
