Alternus Energy Group, a utility-scale transatlantic clean energy independent power producer (IPP), currently listed on Nasdaq, has divested a portfolio of operating solar PV assets in Poland to SINO-CEEF, a private equity investment company headquartered in Hong Kong.
EY acted as the sole M&A advisor for Alternus Energy Group in the transaction and ran a competitive international auction process.
The European Bank for Reconstruction and Development (EBRD) financed a 10 MW solar power plant in the Feriana region, Tunisia.
Over 46% of homeowners are considering upgrading their heating systems to more energy-efficient ones, while close to 77% are contemplating investing in renewable energy.
EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.
The European Commission has introduced a series of updated recommendations and guidance documents to refine and expedite permitting procedures and auctions for renewables.
Helios & Wind Energy has received approval to construct 31 wind turbines with a total capacity of 186 MW/hour in Romania.
Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
