Press releases pg. 25

Environment and renewable resources

ČEZ Pledges to Greatly Reduce Its Carbon Footprint

ČEZ Group resolves to improve its energy efficiency and reduce CO2 emissions per MWh generated in the Czech Republic by 46% before 2020 as compared to 2001. ČEZ thus joins other energy companies that declared their specific goals in the context of the Paris climate conference. ČEZ is actively negotiating in Paris for effective carbon pricing and interconnection of CO2 trading, and is one of about 100 international companies and other organizations that have already supported “business proposals.”

8. 12. 2015

Foreign activities
Environment and renewable resources

INVEN CAPITAL, daughter-company of CEZ Group, invests in Sonnenbatterie, the German-based global leader in energy storage systems

INVEN CAPITAL, a company founded by the CEZ Group to invest in innovative energy solutions, has invested in Sonnenbatterie, a German company specialized in developing, manufacturing and selling battery based intelligent energy storage systems. Based in Bavaria, the company has developed a unique and reliable solution and has become a global leader in technologies for storing energy from solar panels and other renewable sources of energy for households and commercial clients. INVEN CAPITAL participated in a capital increase and joined Sonnenbatterie alongside with SET Ventures, Munich Venture Partners and eCAPITAL as a financial investor.

9. 7. 2015

Environment and renewable resources

The ČEZ Group Initiated International Arbitration Procedures Against Albania

Today, ČEZ has officially informed the Albanian Government about its intention to initiate international arbitration. The ground is the non-protected investment in the power distribution company of CEZ Shpërndarje. The ČEZ Group expects to receive compensation for the damage incurred as the company is entitled to the compensation according to international law.

7. 2. 2013

Foreign activities
Environment and renewable resources

The Largest Wind Farm in Europe Goes Into Trial Operation

The last one of 240 wind turbines in the Fantanele-Cogealac wind park in Romania has been connected to the grid today. The total installed capacity is now 600 MW, and the largest continental wind park in Europe can thus supply power to over one million Romanian households every year.

22. 11. 2012