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The European Court of Justice has validated the Xunta de Galicia’s environmental assessment procedure and clarified doubts regarding public participation in renewable energy projects. The ruling could unlock investments worth over €3 billion in the region.
Latvia is set to get more clean energy as a result of almost € 85 million in international financing for renewable-electricity provider Sunly. Estonia-based Sunly will use the loans from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and SEB to build four solar parks in Latvia with total capacity of 329 megawatts (MW) – enough to meet the annual electricity consumption of up to 180,000 households.
With 1.6 GW of generation and 3.3 GWh of storage, the BERD-backed plan will drive decarbonisation, grid stability, and gender equity across Central and Eastern Europe.