February 13, 2025The Commission urges eight EU countries to expedite permits for renewables

Europe
The Commission urges eight EU countries to expedite permits for renewables

The European Commission urged Bulgaria, Spain, France, Italy, Cyprus, the Netherlands, Slovakia, and Sweden to comply with EU rules to accelerate permitting procedures for renewable energy projects. These rules, which should have been adopted by July 2024, aim to simplify processes and reduce timelines. The mentioned countries have not yet complied and could face legal action if they fail to do so within the next two months.

February 11, 2025VERBUND X Ventures invests in electrification fund Vireo Ventures to accelerate the energy transformation in Europe

Europe
VERBUND X Ventures invests in electrification fund Vireo Ventures to accelerate the energy transformation in Europe

VERBUND X Ventures, the corporate venture capital unit of Austria’s leading utility VERBUND, has made a strategic investment in Vireo Ventures, a European early-stage venture capital fund focusing on electrification and digitalization. This partnership underlines VERBUND’s continued commitment to fostering innovation in the energy sector through a targeted fund investment.

February 10, 2025Snop chooses EDP to decarbonize factories in Europe with decentralized solar energy

Europe
Snop chooses EDP to decarbonize factories in Europe with decentralized solar energy

The French automotive company Snop has selected EDP to develop solar power plants at its facilities in France, Spain, and Germany, accelerating its sustainability goals. This partnership also strengthens EDP’s position as a leader in decentralized solar energy in Europe and enhances its ability to serve multinational clients seeking such solutions across different markets.

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