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.
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.
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.
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.
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.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
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.