Finance | 3 January, 2025 at 6:48 PM
Croatia to offer €652 million in green grants for 2025
Croatia's Ministry of Environmental Protection and Green Transition has announced plans to allocate €651.8 million in grants next year.
Croatia's Ministry of Environmental Protection and Green Transition has announced plans to allocate €651.8 million in grants next year.
The European Commission published additional guidance for the implementation of the EU Deforestation Regulation.
European citizens support the energy policy pursued by the EU in the last five years.
The European Commission has shared with interested parties the draft decision to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China.
The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
The project will convert the 400 kV overhead electric line (OHL) between Isaccea and Tulcea West from a single circuit to a double circuit.
The European Union has allocated €2.967 billion through the Modernisation Fund to support 39 energy projects across 10 EU Member States.
EBRD and EU have allocated nearly €500,000 in grants to ten Ukrainian firms, aimed at fostering the development and implementation of innovative, climate-friendly technologies.
The European Commission has approved Romania's allocation of a €3 billion aid scheme to support installations producing onshore wind and photovoltaic solar energy.
The Parliament and Council have reached a preliminary agreement on revised regulations aimed at reducing, reusing, and recycling packaging, and promoting the circular economy.
At the top of the ranking are Finland, Portugal, and France. Meanwhile, Hungary was named the worst country in the EU for gender equality in the workplace.
The voluntary framework is intended to facilitate and speed up the deployment of high-quality carbon removal and soil emission reduction activities in the EU.
This initiative aims to attract an additional € 5.4 billion in private investments.
European solar manufacturers have accused China of unfair trade practices. SolarPower Europe advocates for urgent support to bolster the domestic industry.
The Consumers Association asked the Romanian Government not to tax self-consumption of electricity by consumers ("sun tax").
EU economy greenhouse gas emissions totalled 854 million tonnes CO2-eq in the third quarter of 2022. Among the EU countries with increased emissions in the third quarter of 2022 were Ireland (+17%), Estonia and Malta (both +8%).
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
