IFC buys Kommunalkredit Austria’s bond to finance sustainable energy in Europe
IFC is investing up to EUR 100 million in Kommunalkredit Austria's bond for financing green energy projects in Bulgaria, Poland and Romania
Romania subsidizes municipal authorities with 86% for solar power investments
The Ministry of Energy provided EUR 28.8 million to communes and other municipal entities for 105 solar power projects of 23.1 MW in total
Sungrow supplies inverters, battery system for hybrid solar park in Sweden
One of Sweden’s first hybrid solar parks has been deployed in Halmstad. Sungrow provided the inverters and energy storage system
Alexandroupolis LNG Terminal to remain out of service at least until end-March
On the day when it was supposed to get the Alexandroupolis LNG Terminal in Greece back online, Gastrade extended the outage by another month
Europe awards record wind power capacity in 2024 auctions
European governments awarded a record 36.8 GW in wind energy auctions last year and 35% more than in 2023, WindEurope said
Nu Energy, Cospowers join forces to revolutionize energy storage in Western Balkans
Nu Energy and Investment's battery storage deal for the Western Balkans has paved the way for its 500 MW renewable energy target.
EU Clean Industrial Deal envisages EUR 100 billion Industrial Decarbonisation Bank
Within the Clean Industrial Deal, the European Commission aims to raise up to EUR 100 billion for the Industrial Decarbonization Bank
EU proposes delays, smaller scope for CBAM, sustainability reporting
The EU is preparing measures to save EUR 6.3 billion in administrative costs by streamlining CBAM and sustainability reporting rules