Latest news

Wednesday, 23 October, 2024

19:33

Purcari signs memorandum to promote sustainable economic growth

Purcari announced the signing of a Memorandum of Understanding (“MoU”) with the Green for Growth Fund (“GGF”), advised by Finance in Motion.

19:24

EU allocates €4.8 billion to net-zero innovation

The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, helping to put cutting-edge clean technologies into action across Europe.

19:19

EIB and Iberdrola partner on €120 miilion Spanish energy innovation

EIB has signed a €120 million loan with Iberdrola to finance the development of research and innovation projects involving energy technologies.

Tuesday, 22 October, 2024

19:04

Chimcomplex partners with UK tech firm for CO₂ polyols

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.

07:38

EBRD backs green energy in Croatia

EBRD will loan up to €31.6 million to Hrvatska Elektroprivreda d.d. (HEP), Croatia's national energy company.

07:36

Enery opens largest PNRR-funded solar park

Comcris Energy, a Romanian subsidiary of Enery, a leading Austrian renewable energy developer, has officially launched the Sărmăşag photovoltaic park.

Monday, 21 October, 2024

07:48

EU invests €380 million in 133 LIFE projects for green transition

The European Commission has granted today more than €380 million to 133 new projects across Europe under the LIFE Programme for Environment and Climate Action.

07:46

EC approves Swedish State aid for SSAB decarbonization

The European Commission has approved, under EU State aid rules, a €128 million Swedish measure to support SSAB in decarbonizing its steel production.

Friday, 18 October, 2024

07:58

Photon Energy adds 3.2 MWp solar plants to the Romanian portfolio

Photon Energy, a Dutch-based solar and clean water solutions provider, has announced the successful connection of a new 3.2 MWp photovoltaic (PV) plant to the Romanian grid.

07:57

Electrica receives €3.4 million to boost energy storage

Electrica, a Romanian state-owned utility, has secured a €3.4 million grant from the National Recovery and Resilience Plan to fund a new energy storage project.

07:55

PNRR funds the first Romanian solar panel factory

The Romanian Ministry of Energy has approved a €3.89 million grant from the Recovery and Resilience Plan (PNRR) to construct a new solar panel factory.

Thursday, 17 October, 2024

20:31

Allview completes 410 kWp project for Aqua Invest

Allview Solar Energy announced the completion of a 410 kWp full EPC project, featuring a Growatt WIT-100A energy storage system, for Aqua Invest.

20:25

Bog'Art publishes its first Sustainability Report

Bog'Art, one of Romania's most important and recognized construction companies, is reinforcing its commitment to a sustainable future by publishing its first Sustainability Report.

Wednesday, 16 October, 2024

20:31

EU ranks among the leading nations in terms of green job creation

Last year, there was the highest-ever increase in renewable energy jobs, with an 18% annual rise, a new report says.

20:18

Rezolv Energy secures €90 million for Bulgarian solar park

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.

Tuesday, 15 October, 2024

20:11

Energy crisis demands a swift clean transition

World Energy Outlook 2024 showed critical choices facing governments and consumers as a period of more ample supplies nears and surging electricity demand reshapes energy security.

20:09

EIB approved €5.8 billion for key energy and transport projects

The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland.

Monday, 14 October, 2024

19:57

Solar energy production surges by 60% in the first eight months

Solar photovoltaic (PV) energy production reached 2.57 billion kWh in the first eight months of this year, representing a 60.5% increase compared to the same period last year.

19:55

EU imports more green energy products than it exports

In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries.

19:53

EBRD approves €4 million loan for Bosnia's green homes

The EBRD has approved a €4 million loan to Bosnia and Herzegovina's PMF to support residential green investments.

Friday, 11 October, 2024

20:46

EU invests in sustainable economic growth and solidarity

The European Commission acknowledged the European Court of Auditor's (ECA) comprehensive evaluation of the 2023 EU budget, as outlined in its Annual Report.

20:43

Commission approves €520 million Luxembourgish state aid for climate

The European Commission has approved two Luxembourgish schemes with a total budget of €520 million to help manufacturing companies decarbonize their production processes.

Thursday, 10 October, 2024

19:49

EIB and Intesa Sanpaolo announce €8 billion wind deal in Italy

The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry.

19:41

Johnson & Johnson achieves 100% renewable energy in Europe

Johnson & Johnson has reached the milestone of 100% renewable electricity for its operations in Europe.

19:28

OMV Petrom acquires 50% of Electrocentrale Borzești

OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale Borzești from RNV Infrastructure.

Wednesday, 9 October, 2024

18:00

Restart Energy to expand its renewable capacity to over 1 GW by 2030

Restart Energy's long-term goals center around driving significant growth in renewable energy production while embedding sustainability into every facet of our operations.

16:06

Renewables by 2030 could match major economies' capacity

With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, a new IEA report says.

12:00

Restart Energy completes PV projects for Fileca Industry

Restart Energy has completed the implementation of a photovoltaic project for Fileca Industry worth more than 300,000 euros.

Tuesday, 8 October, 2024

19:00

EU strengthens deforestation rule enforcement

The European Commission published additional guidance for the implementation of the EU Deforestation Regulation.

18:58

BayWa r.e. completes solar park continues in Italy

BayWa r.e. announced the completion of the Tarquinia solar park in Italy with an installed capacity of 51.4 MWp.

Monday, 7 October, 2024

18:57

Jantzen Renewables elevates Razvan Popa to CEO

Jantzen Renewables, a leading renewable energy developer, announced the appointment of Razvan Popa as its new Chief Executive Officer.

18:54

EU member states approve tariffs on Chinese EVs

EU's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs.

Friday, 4 October, 2024

18:32

Renault Group and SUEZ strengthen circular economy alliance

Renault Group and SUEZ are deepening their partnership to transform waste management and recycling practices in the automotive industry.

Thursday, 3 October, 2024

21:05

EBRD invests €100 million in Green Genius

EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.

21:04

Polenergia acquires full stake in Naxxar wind farm

Polenergia has acquired an additional 40% of the project company Naxxar Wind Farm Four SRL (NX4).

Wednesday, 2 October, 2024

14:28

IEA data shows hydrogen capacity with FIDs has doubled

The International Energy Agency's Global Hydrogen Review 2024 reports that the production of low-emissions hydrogen projects that reached final investment decisions has doubled in the past year.

14:26

Renewables jobs hit a record 16.2 million in 2023

2023 saw the highest-ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million.

14:24

CIS Group builds 23 MW photovoltaic park in Romania

CIS Group signed a contract for the construction of a photovoltaic park in Copșa Mică. The park is expected to become operational at the beginning of next year.

Tuesday, 1 October, 2024

20:17

EBRD plans €100 million loan for Serbian schools

EBRD plans to provide a sovereign loan of up to €100 million to enhance energy efficiency in up to 70 schools across Serbia.

20:13

Romgaz successfully issues bonds on international markets

Romgaz successfully concludes the first issue of bonds on the international markets.

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