The Ministry of Energy and American Bio-Carbon Delaware LLC have signed a memorandum for the transformation of the Paroşeni Thermal Power Plant into a modern facility, which uses biofuel instead of coal.
The European Commission will allocate almost €1.25 billion in grants from the Connecting Europe Facility (CEF) to 41 cross-border energy infrastructure projects.
EC has approved a €48 million French measure to support Envision AESC France in setting-up a new factory for the production of Lithium-ion batteries for electric vehicles in Douai.
EIB signed an agreement to support Poland's largest utility Polska Grupa Energetyczna (PGE) with a €400 million loan towards the design and construction of Baltica 2.