Premier Energy PLC has announced that its subsidiary, Alive Renewable Holding Limited, has finalized the acquisition of a 90% stake in Development Power Solar Energy SRL.
MOL has expanded its renewable energy capabilities by acquiring Naperőmű Farm, a company behind the development of a 66 MW solar power plant in Ballószög, Hungary.
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
Wizz Air has reported that its average carbon emissions for 2023 reached 51.5 grams per passenger/kilometre, 6.8% less than in 2022.
The European Commission approved the acquisition of Lotos by Polish PKN Orlen in the summer, and the news also had Hungarian implications, as PKN had to sell assets in order to acquire its sector partner, some of which were to be obtained bz Hungarian energy group Mol. The latest news is that this transaction has been completed, with Mol buying Lotos Paliwa, which operates 80% of the petrol stations owned by the Lotos oil company, for a total of USD 610 million.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
Ocean Winds, a joint venture equally owned by EDP Renováveis and Engie, has selected Polish firm Crist Offshore to deliver the offshore substation for its 500 MW BC-Wind project.
