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.
SolarPower Europe (SPE) forecasts 65.5GW of solar PV additions in the EU for 2024, marking a significant slowdown compared to previous years.
The European Environment Agency (EEA) warned that Europe could face "catastrophic" situations if it does not assess the climate risks it is facing, many of which are already at a critical level.
In the past year, wind energy production in Europe surpassed that of gas-fired power plants for the first time.
The share of electric cars in the European car market exceeded, for the first time, the 20% threshold in August, according to the figures published by The European Automobile Manufacturers' Association (ACEA).
MEPs back plans to boost the use of renewable energy.
EIB to finance climate action projects in Chile with more than €300 million including its first green mortgage loan outside Europe.
China's CATL is building a factory in the eastern Hungarian city of Debrecen to produce batteries for electric cars, in a plant that will be one of the largest in its category in Europe.
Two-thirds of the decline in Russian natural gas supplies has been offset, mainly through increased purchases of liquefied natural gas (LNG) and a greater volume of pipeline gas from Norway, leaving Europe with more gas in storage than it needs to meet its end-of-winter demand.
In absolute terms, the production of electricity from renewable energy sources increased by almost 5% from 2020 to 2021.
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.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
