The European Commission has given its approval to a €300 million initiative by France to bolster the efforts of Electricité de France's (EDF) subsidiary.
The European Commission has approved a €1.1 billion Hungarian scheme to support electricity storage facilities to foster the transition to a net-zero economy. The scheme was approved under the State Aid Temporary Crisis and Transition Framework, adopted by the Commission on 9 March 2023 to support measures in sectors that are key to accelerating the green transition and reducing fuel dependencies in the context of Russia's war against Ukraine.
Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.
ABB and Škoda Group have announced a partnership, the first of its kind between the two companies, that marks a milestone in railway electrification.
EIB signed an agreement to support Poland's largest utility Polska Grupa Energetyczna (PGE) with a €400 million loan towards the design and construction of Baltica 2.
Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
