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.
The US and Europe will face slowing demand and sales for electric vehicles (EVs) in the near term, while China is set to see steady growth.
EY predicts that by 2030, there will be over 75 million electric vehicles operating across different charging networks in Europe.
An EY survey found that experts are much more likely to take concrete action by stepping up investment in sustainability. Nine out of 10 companies (90%) said they plan to increase their investments in sustainability. The survey also identified a key link between effective board sustainability governance and company business performance.
Electric vehicles are expected to reach 55% of total global vehicle sales by 2030, but lack of collaboration could impact adoption and decarbonization goals, according to a study from EY and Eurelectric. The study underscores the need for a collaborative and coordinated response from eMobility ecosystem players in pursuit of decarbonization goals, with utilities, in particular, playing a pivotal role.
A study conducted by EY among 1,325 companies shows that 76% consider ESG to be a main or important investment criterion, and 5G investments are the most likely to involve ESG as a main objective. Responding companies show that emerging technologies offer a wide range of positive contributions to their sustainability efforts, with reducing energy consumption and improving sustainability measurement at the top of the list.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Polish firm Węglokoks has secured €11.63 million in funding to develop a photovoltaic (PV) farm and an energy storage facility.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
