EU imports more green energy products than it exports
In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries.
In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries.
The EBRD has approved a €4 million loan to Bosnia and Herzegovina's PMF to support residential green investments.
The European Commission acknowledged the European Court of Auditor's (ECA) comprehensive evaluation of the 2023 EU budget, as outlined in its Annual Report.
The European Commission has approved two Luxembourgish schemes with a total budget of €520 million to help manufacturing companies decarbonize their production processes.
The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry.
Johnson & Johnson has reached the milestone of 100% renewable electricity for its operations in Europe.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale Borzești from RNV Infrastructure.
Restart Energy's long-term goals center around driving significant growth in renewable energy production while embedding sustainability into every facet of our operations.
With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, a new IEA report says.
Restart Energy has completed the implementation of a photovoltaic project for Fileca Industry worth more than 300,000 euros.
The European Commission published additional guidance for the implementation of the EU Deforestation Regulation.
BayWa r.e. announced the completion of the Tarquinia solar park in Italy with an installed capacity of 51.4 MWp.
Jantzen Renewables, a leading renewable energy developer, announced the appointment of Razvan Popa as its new Chief Executive Officer.
EU's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs.
Renault Group and SUEZ are deepening their partnership to transform waste management and recycling practices in the automotive industry.
EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.
Polenergia has acquired an additional 40% of the project company Naxxar Wind Farm Four SRL (NX4).
The International Energy Agency's Global Hydrogen Review 2024 reports that the production of low-emissions hydrogen projects that reached final investment decisions has doubled in the past year.
2023 saw the highest-ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million.
CIS Group signed a contract for the construction of a photovoltaic park in Copșa Mică. The park is expected to become operational at the beginning of next year.
The energy transition is a central priority for ENGIE, both worldwide and in Romania.
OMV Petrom announced that starting this year, its sustainability reporting will be integrated into the company's Annual Report.
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
Ingka Investments, the investment arm of the Ingka Group – the largest IKEA retailer, has inaugurated its first solar park in Poland, reinforcing the commitment to the renewable energy transition.
Hidroelectrica has signed a contract for the purchase of its first Li-ion battery energy storage system, which will be deployed at the Crucea Nord Wind Farm.