BMW is kicking off its Neue Klasse era of car design in high style with the all-new 2027 model year BMW iX3 – and demand for the new electric crossover is so high that BMW is reportedly sold out through to the end of 2026, already.
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In 2025, the European Bank for Reconstruction and Development (EBRD) achieved a record year in Montenegro, committing €215 million across 18 projects – the highest annual business volume and project […]
The post EBRD Made €215M Investment In Montenegro In 2025, Driving Green Transition, Private Sector Growth, And Regional Connectivity appeared first on SolarQuarter.
In 2025, the European Bank for Reconstruction and Development (EBRD) invested €1.35 billion in Poland across 44 projects, maintaining strong support for the country’s energy security, business growth, and the […]
The post EBRD Invests €1.35B In Poland In 2025, Supporting Green Energy, Private Sector Growth, And National Energy Security appeared first on SolarQuarter.
In 2025, the European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania, marking a significant increase from the €707 million invested across […]
The post EBRD Invests Record €955M In Romania In 2025, Up from €707M In 44 Projects In 2024, Driving Green Transition And Private Sector Growth appeared first on SolarQuarter.
Saudi Arabia is reportedly preparing to scale back NEOM, its marquee ‘gigaproject’ on the Red Sea, with it instead looking to develop an AI data centre hub instead.
According to unnamed sources cited by a report in the Financial Times, Saudi Arabia will scale back its hugely ambitious NEOM megaproject to create a new livable region in the desert in the northwest of the country, on the Red Sea coast. The project was announced in 2017 by Crown Prince Mohammad Bin Salman and was a cornerstone of his Vision 2030. It was to cover about 26,500 square km, roughly the size of Belgium (see map below).
The image above, from 27 October 2024, shows Sindalah, a luxury island destination and the first physical showcase of NEOM.
NEOM was due for completion in 2030 and included plans for a city called The Line – a row of 500m tall skyscrapers stretching for some 200km. However NEOM suffered many delays and cost overruns, as well as criticism for potential environmental damage and being unrealistic, among other things.
In addition, Saudi Arabia is hosting the Expo international trade fair in 2030 and the football World Cup in 2034, both of which involve large scale investment. Work on NEOM was paused in 2025 while the government looked at its options in a year-long review which is scheduled to conclude in this quarter.
According to a report in the Financial Times, focus for the region will be more on industry, such as becoming a hub for data centres. Its location means sea water can be used for cooling and the Crown Prince is keen to make his country a leader in AI infrastructure – a hub for data centres to power AI – to attract inward investment and high profile international partners.
An unnamed source cited by the FT said the location had other advantages too, such as digital infrastructure and its position at the crossroad of three continents (Africa, Asia and Europe), plus almost limitless renewable energy and available land.
It’s not the first time NEOM has been touted as potentially playing host to data centres, with DataVolt committing $5 billion DataVolt to develop a new 1.5 GW net zero AI campus at NEOM’s Oxagon. That was expected to come online in 2028, but it’s unknown if it’ll be impacted by the planned rethink for the NEOM area.
This article originally appeared on Mobile Europe, with additional commentary from Data Centre Review.
The announcement that WEX, a major US fleet card provider, can finally combine gasoline and public EV charging into one card, one account, and one invoice lands as a small milestone that only looks novel if the frame of reference is strictly American. For US fleet operators, this closes a ... [continued]
The post Why a New US Fleet Payment “First” Is Routine in Europe & China appeared first on CleanTechnica.
Gothenburg, Sweden — Lynk & Co launches its new dedicated marketing campaign: “The New 08. Limit Less”, celebrating a milestone product for the European market. “The New 08. Limit Less” campaign reignites the conversation around the Lynk & Co 08 by spotlighting range as a driver of flow – uninterrupted, ... [continued]
The post Lynk & Co Launches “The New 08 Limit Less” Campaign and a New in‑Car App Designed to Encourage Electric‑First Driving appeared first on CleanTechnica.
The Greenland crisis showed that if Europe shows spine, it can be strong. It must now apply that lesson to industrial policy, or suffer the consequences. By William Todts, Executive DirectorBrussels (EU), T&E “The strong do what they can, and the weak suffer what they must,” wrote the Greek historian ... [continued]
The post Can Europe Go Electric & Remain Sovereign? appeared first on CleanTechnica.
Electric cars are enjoying a sales surge in Europe, outselling gas-powered cars for the first time in December of 2025.
The post Demand For Electric Vehicles From BMW & Mercedes Higher Than Expected appeared first on CleanTechnica.
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