Naxxar Renewable Energy Management Holding has entered into a conditional agreement with Polenergia, for the sale of a substantial 60% stake in the development vehicle of the NX4 Wind Farm, one of the largest onshore wind energy projects in Romania and, by extension, also in Europe.
The EU reached a 24.5% share of its gross final energy consumption from renewable sources in 2023, around 1.5 percentage points (pp) higher than in 2022 and almost 3 times higher than in 2004 (9.6%).
Croatia's Ministry of Environmental Protection and Green Transition has announced plans to allocate €651.8 million in grants next year.
Henkel aims to become climate-positive by 2030, meaning it will generate more clean energy than it consumes, going beyond carbon neutrality.
PPC Energie and PPC Energie Muntenia, both part of the PPC Group in Romania, will merge.
French green energy operator Valorem has partnered with Polish engineering group Triobud Investments to develop up to 700 MW of hybrid wind-solar projects in Poland, with potential for further expansion.
