EU pauses negotiations on green claims law amid backlash
On June 23, 2023, the European Union suspended discussions on a proposed law aimed at requiring companies to substantiate their…
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Germany prepares for EU emissions trading with national CO2 price
Germany’s national CO2 pricing system positions the country to adapt smoothly to a new EU emissions trading scheme set for…
Ares acquires 20% stake in Eni’s Plenitude for €2 billion
Ares Management has reached an agreement to purchase a 20% stake in Eni’s renewable energy subsidiary, Plenitude, for approximately €2…
Report warns global renewable energy capacity growth lags
A new report from the renewable energy network REN21 reveals that the world is not on track to triple its…
Central Asia attracts global investment in renewable energy
Central Asia is positioning itself as a vital center for renewable energy investment as regional governments and international investors shift…
Reinsurance Sector Adapts to Support Energy Transition
The energy sector is undergoing rapid transformation, offering the reinsurance industry a significant opportunity to foster a shift toward sustainable…
China invests €10 billion in European electric vehicle sector
Chinese investment in Europe is rebounding, with €10 billion committed to new projects in 2024. This marks the first increase…
ORLEN Group secures PLN 1.7 billion for hydrogen projects
The ORLEN Group in Poland has secured over PLN 1.7 billion in non-repayable funding from the National Recovery Plan to…
Ares acquires 20% stake in Eni’s Plenitude for €2 billion
Ares Management Corporation has agreed to purchase a 20% stake in Eni’s renewable energy division, Plenitude, for approximately €2 billion.…
UK Falls Behind France in Renewable Energy Investment
The UK has lost its position as Europe’s leading destination for foreign investment in renewable energy and utility projects, with…
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