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EU Countries Approve Year-Long Delay to Deforestation Law

EU Countries Approve Year-Long Delay to Deforestation Law

Πεμ, 18 Δεκεμβρίου 2025 - 20:06

European Union countries on Thursday approved a deal to delay the anti-deforestation law by a year following pushback from industry and concerns the digital system to enforce it was not ready, the Council of the EU said, clearing the final legal hurdle for the delay to pass into law

EBRD Invests in Aktor’s Debut Bond Issuance in Greece

EBRD Invests in Aktor’s Debut Bond Issuance in Greece

Πεμ, 18 Δεκεμβρίου 2025 - 19:57

EBRD’s €20 million investment in AKTOR’s first bond issuance of €140 million. Bank proceeds to finance renewable energy, battery storage, social infrastructure, water and wastewater projects in Greece

Romania’s Biggest Battery System Put Into Operation

Romania’s Biggest Battery System Put Into Operation

Τετ, 17 Δεκεμβρίου 2025 - 19:32

Nova Power & Gas has commissioned the largest battery energy storage system in Romania, doubling the country’s total capacity. The installation in Florești, Cluj County, has an operating power of 200 MW and a capacity of 400 MWh

Montenegros Zeta Citizens Reject 77 Mln Euro EU-Backed Wastewater Project

Montenegro's Zeta Citizens Reject 77 Mln Euro EU-Backed Wastewater Project

Τρι, 16 Δεκεμβρίου 2025 - 20:54

The citizens of Montenegro's southern municipality of Zeta have voted in a referendum against the government's plans to build a 76.6 million euro ($90 million) wastewater treatment plant, financed by the European Union and German development bank KfW, the head of the municipality, Mihailo Asanovic, said

Can Higher Interconnectivity in Europe Actually Bring Electricity Prices Down?

Can Higher Interconnectivity in Europe Actually Bring Electricity Prices Down?

Δευ, 15 Δεκεμβρίου 2025 - 16:05

The European Union last week unveiled its long-awaited Europe Grids Package and the accompanying Energy Highways initiative, heralding them as major steps toward a more integrated, efficient and affordable electricity system. According to EU officials, these measures will allow power to flow more freely across Member States, helping to absorb growing volumes of cheaper renewable electricity, accelerate electrification and ultimately deliver lower electricity prices for European households and industry

Serbia to Invest 153 Mln Euro in Gas Link with North Macedonia

Serbia to Invest 153 Mln Euro in Gas Link with North Macedonia

Δευ, 15 Δεκεμβρίου 2025 - 14:16

Serbia will invest about 153 million euro ($179 million) in a planned project for the construction of a 1.5 bcm natural gas link with North Macedonia, amid broader efforts to diversify its energy sources, energy minister Dubravka Djedovic Handanovic said

Europes EV Sector Warns About Efforts to Dilute EU Emissions Targets

Europe's EV Sector Warns About 'Efforts to Dilute' EU Emissions Targets

Πεμ, 11 Δεκεμβρίου 2025 - 09:48

Leaders from across Europe's electric car industry on Wednesday urged the European Commission to stick to its 2035 zero-emission target for new cars, warning that any retreat would undermine investment and widen the bloc's gap with China

Petrom, Romgaz to Drill 90 Mln Euro Offshore Exploration Well

Petrom, Romgaz to Drill 90 Mln Euro Offshore Exploration Well

Πεμ, 11 Δεκεμβρίου 2025 - 09:45

Romania's top oil and gas group OMV Petrom said on Wednesday that, together with local natural gas producer Romgaz, it will drill a deep water exploration well, named Anaconda-1, in the Black Sea, immediately after the completion of development drilling at the Neptun Deep offshore gas project