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EU Renewable Energy Surge Reaches 49.3 Percent While Cyprus Remains Behind

Steady Progress in the European Energy Transition

Eurostat data for the third quarter of 2025 confirms that renewable energy now accounts for 49.3 percent of net electricity generated across the European Union. This notable increase of 3.8 percentage points from 47.5 percent in 2024 underscores a robust commitment to the bloc’s energy transition, driven by higher solar and wind output.

Diverging National Trends

Despite the overall positive momentum, the figures reveal significant disparities among member states. Cyprus notably trailed its peers, ranking fifth from last in renewable electricity generation for the period. In contrast, only France, Slovakia, Czechia, and Malta registered lower renewable shares, with Malta positioned at the bottom.

National Leaders and Key Gains

The analysis identifies Denmark as the frontrunner with an impressive 95.9 percent share, followed closely by Austria at 93.3 percent and Estonia at 85.6 percent. Meanwhile, Malta, Czechia, and Slovakia recorded the lowest figures at 16.6 percent, 19.7 percent, and 21.1 percent respectively. Notably, 21 EU countries registered annual increases in the share of renewable energy sources, with Estonia, Latvia, and Austria experiencing the most substantial gains of 20.6, 18.9, and 16.3 percentage points respectively.

Monthly Fluctuations and Energy Mix

Cyprus exhibited significant month-to-month variations during the summer. Renewable electricity generation in the island nation was measured at 655.94 GWh in July, dipping to 512.39 GWh in June and further fluctuating in subsequent months, with September recording 544.89 GWh and August peaking at 640.49 GWh. Across the EU, the renewable mix was led by solar energy at 38.3 percent, followed by wind at 30.7 percent and hydro at 23.3 percent, while combustible renewable fuels and geothermal energy represented 7.2 percent and 0.5 percent respectively.

Looking Ahead

The EU’s drive towards a greener future is marked by gradual yet steady progress. However, the divergent performances among member states signal a need for targeted policies and strategic investments, particularly for countries like Cyprus that continue to underperform in the renewable domain.

Rolls-Royce Raises Guidance As Defense And Power Systems Drive Growth

Rolls-Royce raised its full-year profit and cash flow guidance after reporting stronger-than-expected first-half results, supported by growth across its civil aerospace, defense and power systems businesses.

Underlying operating profit rose 46% year on year to £2.5 billion ($3.3 billion) in the first six months of 2026, while revenue increased more than 24% to £11.3 billion.

The company now expects full-year underlying operating profit of £4.7 billion to £4.9 billion, up from previous guidance of £4 billion to £4.2 billion. It also raised its free cash flow forecast to £3.8 billion to £4 billion, compared with £3.6 billion to £3.8 billion previously.

Shares rose as much as 6% in early trading before paring gains to trade about 4% higher.

Data Center Demand Supports Power Systems

Chief Financial Officer Helen McCabe told CNBC that orders in Rolls-Royce’s data center power business increased by more than 50% in the first half as operators invested in backup and on-site power systems.

The company has benefited from growing demand for power infrastructure as data center operators expand capacity.

Defense Spending Provides Additional Support

McCabe also said Rolls-Royce expects to benefit from higher defense spending in the U.K. and across NATO countries. She cited the U.K.’s long-term defense investment plan, which provides funding visibility through 2030 and beyond.

“We’ve had very positive initial conversations with the new government,” McCabe said, adding that the company supports its focus on growth, defense and industrial manufacturing.

Turnaround Continues

Chief Executive Tufan Erginbilgic said the company’s transformation strategy continued to deliver results. “Our transformation continues to deliver,” he said in a statement. “We have unlocked new growth opportunities across the Group.”

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