The European Bank for Reconstruction and Development (EBRD) will support the growth of electric vehicle (EV) infrastructure in the Baltic region with a €60 million loan to Ignitis Group, a leading energy company in the Baltics.
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.
EIB and EMT have agreed on a €69 million loan to finance the expansion of EMT Valencia's fleet of zero-emission buses
Mercedes-Benz Vans CEE is joining forces with energy solutions provider E.ON to transform the electric vehicle (EV) landscape across Romania, the Czech Republic, Slovakia, and Hungary.
EIB will lend €300 million to the Czech Republic's national railway operator, České dráhy, to buy new train carriages and locomotives as well as upgrade existing ones.
The European bank for Reconstruction and Development (EBRD) has committed an additional €3 billion to its flagship Green Cities programme.
Europe needs to spend €39 billion in public money every year to maintain the continent's competitiveness and ensure that green transport tech is made in Europe.
Renault Group and SUEZ are deepening their partnership to transform waste management and recycling practices in the automotive industry.
Germany must exceed the European Union's fuel guidelines to meet its 2045 target for climate-neutral road traffic.
EIB will spearhead a €150 million out of a €500 million financing package for Keliber Oy, a Finnish mining and battery-material processing company.
In 2023, 1.5 million new battery-only electric passenger cars were registered in the EU, raising the total to 4.5 million.
The European Commission has launched the Climate City Capital Hub, a finance resource to support cities participating in the EU Mission on Climate-Neutral and Smart Cities.
EBRD will invest €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania, and Romania.
The European Commission announced that it would apply additional tariffs of up to 38.1% on imported Chinese electric vehicles from next month.
Battery-electric buses reached 36% of new city bus sales in 2023 in the EU, overtaking diesel as the main bus fuel type for the first time.
Average CO2 emissions from all new cars registered in Europe in 2023 continued to decrease and were 1.4% lower than in 2022.
North America has signifincatly outplaced Europe in attracting investments in electric vehicle (EV) production battery production and charging infrastructure.
Kaufland Romania has launched a project through which Kaufland Card owners with electric cars have the possibility to charge their vehicles at one of the charging stations.
Eldrive Holding plans to invest approximately €146 million in the installation of 4,376 new charging stations for electric cars in Romania, 2,575 in Lithuania, and 1,530 in Bulgaria.
At Cluj Arena, 10 recharging stations are to be installed, 20 recharging points and several 20 parking spaces will be created.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
