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European Commission

European Investment Bank EIB Approved Over EUR 9 Billion in Financing with Aim to Support European Businesses and Energy Autonomy

/BRUSSELS, August 27, 2026, 10:30 CEST, RENEWABLE MARKET WATCH™/ The European Investment Bank (EIB) has approved €9.2 billion in new financing to drive European economic competitiveness, fast-track the energy transition, and expand strategic global partnerships. This comprehensive package, endorsed by the EIB’s Board of Directors, allocates €4.3 billion to support companies across Croatia, the Czech […]
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European Commission (EC) Published Guidance on the Application of Non-price Criteria under the Net-Zero Industry Act (NZIA)

/BRUSSELS, July 24, 2026, 11:00 CEST, RENEWABLE MARKET WATCH™/ The European Commission has released two comprehensive guidance documents detailing the implementation of Article 25 and Article 26 of the Net-Zero Industry Act. These documents are designed to strategically harness public procurement as a catalyst for strengthening Europe’s manufacturing ecosystem for net-zero technologies.
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European Investment Bank (EIB) Group to Support EU Tripartite Initiative to Accelerate Energy Storage Deployment

/BRUSSELS, June 29, 2026, 10:00 CEST, RENEWABLE MARKET WATCH™/ The European Investment Bank (EIB) Group is actively supporting a major EU-level initiative designed to accelerate the large-scale deployment of energy storage as a critical pillar of the clean energy transition. Announced in conjunction with the meeting of EU energy ministers in Luxembourg, this strategic tripartite […]
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Season’s Greetings 2026 by Renewable Market Watch

/LONDON, December 23, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The gobal renewable energy capacity is projected to grow by 2.7 times by 2030, exceeding the current ambitions of countries by nearly 25%, although it still falls short of tripling. Climate and energy security policies in almost 140 countries have played a crucial role in making renewable energy cost-competitive with fossil fuel power plants. This shift is generating new demand from the private sector and households. Additionally, industrial policies that promote local manufacturing of solar panels and wind turbines are helping to…
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The European Commission Made Significant Efforts to Accelerate the Clean Energy Transition Through Auction Design for Renewable Energy Projects

/BRUSSELS, BELGIUM, August 27, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ Renewable energy is growing quickly, largely due to auctions conducted by Member States. This rapid growth is also aided by the decreasing costs of renewable sources, particularly solar and wind energy. To meet the EU’s binding target of a 42.5% share of renewable energy in […]
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European Union Renewable Energy Financing Mechanism (RENEWFM) to Support Clean Energy Transition

/LONDON, August 18, 2025, 11:00 BST, RENEWABLE MARKET WATCH™/ The EU Renewable Energy Financing Mechanism is one of the programs financing the transition to clean energy within the EU. In 2024, for every euro invested globally in fossil fuels, €2 were invested in renewable energy. In the EU, investing in clean energy is essential for maintaining our competitiveness and providing clean, secure, and affordable energy.
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