Tag: green transition (14 articles)

Regulation   |   9 June, 2023 at 11:30 AM

EU Modernisation Fund invests €2.4 billion to accelerate green transition

The European Union's Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernize their energy systems, reduce greenhouse gas emissions in energy, industry, and transport, and improve energy efficiency. It is the joint largest disbursement to date and will boost Europe's green transition.

Energy   |   23 March, 2023 at 11:26 AM

Romania receives €103 million to build electricity storage facilities

The European Commission approves a scheme of Romania worth €103 million, within the Recovery and Resilience Mechanism, to support the construction of electricity storage facilities. The purpose of this measure is to support investments in electricity storage facilities, thus contributing to the EU's strategic objectives related to the green transition.

Regulation   |   17 March, 2023 at 4:09 PM

EU announces plans to lead green industrial revolution

The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition. Global investment in the green transition is set to triple by 2030 from $1 trillion last year.

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Business

Ingka opens first solar park in Poland

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.

Energy

Greenvolt sells Pelplin wind farm to Enea

Greenvolt Power has completed the sale of the Pelplin Wind Farm (pictured) to Enea Nowa Energia, a subsidiary of the Enea Group, one of Poland's largest electricity providers.

Environment

ENGIE Romania and Viitor Plus complete energy project

ENGIE Romania and the Viitor Plus Association have completed the project "Education and Practice in Building Energy Efficiency," an initiative that combines technical solutions with educational outreach for students and teachers nationwide.