Rezolv Energy has awarded contracts to three companies for the construction of the 229 MW St. George solar park in Silistra, northeastern Bulgaria.
Hidroelectrica has signed contracts with the Hidroserv and UCMH consortium to modernize the Vaduri, Remeți, and Arcești hydroelectric plants.
These investments will reduce local energy costs, create jobs, and improve the quality of life.
The EU-Angola Sustainable Investment Facilitation Agreement (SIFA) has officially taken effect, marking the first-ever EU agreement focused on investment facilitation.
The Ministry of Environment has announced the launch of a new edition of the Green Home Solar program, with a budget of €400 million.
Romania has secured €200 million in financing from the European Investment Bank (EIB) to modernize its electricity distribution network.
E.ON Energie Romania installed over 3,500 photovoltaic systems for residential customers in the first eight months of this year.
In July, 763 million packages were placed on the market, and the collection rate was 62%.
Premier Energy Group reports €534.8 million in normalized revenue for the first half of 2024, marking a significant milestone in its performance.
Global energy investment is expected to surpass €2.8 trillion for the first time, with €1.9 trillion allocated to clean technologies such as renewables, electric vehicles, and nuclear power.
MET Group inaugurated its second solar power plant in the Eastern Hungarian town of Kaba.
Germany must exceed the European Union's fuel guidelines to meet its 2045 target for climate-neutral road traffic.
European non-reimbursable funding for the energy sector has exceeded €14 billion, with €5.5 billion allocated to green energy production and €1.5 billion earmarked for the transport and distribution of electricity.
Nofar Energy has acquired 100% of the shares in Aviv Renewable Investment. This project company is currently developing a 160 MW photovoltaic park in Giurgiu County.
Romania's Energy Minister Sebastian Burduja signed three financing contracts under the Modernization Fund for projects focused on developing renewable energy production capacities for self-consumption.
The Turkish company Smart Solar Technologies will build a factory in Bulgaria for the production of solar cells and panels.
Chimcomplex Borzesti, a prominent Romanian chemical producer, is set to establish a large-scale industrial hub known as the Iasi Biochemistry Plant.
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 the first part of this year, UniCredit set sustainability targets to further reduce both its direct environmental impact and the exposure of its loan portfolio to controversial sectors.
Kaufland Romania will expand its green mobility initiatives by installing new battery swap stations for electric vehicles.
Top lenders discussed their strategies for integrating ESG considerations into financing decisions at the first CEE ESG Forum 2024, organised by Property Forum and Green Forum in Vienna last November.
Premier Energy has announced the successful completion of a 10 MW photovoltaic power plant by its subsidiary Navitas in the Republic of Moldova.
The European Commission has approved the acquisition of joint control of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation.
ECB has warned that the EU risks missing its 2030 climate targets unless it increases investment in the green economy by an estimated €558 billion annually.
DRI, the EU renewable energy division of Ukrainian energy company DTEK, has appointed Ivan Geliukh as its new CEO, succeeding John Stuart, who led the company for nearly three years.
