Mihai Chirica, the mayor of the city of Iași, has announced that 18 trams and 25 electric buses will be purchased with funds from the National Recovery and Resilience Plan (PNRR).
26 electric buses purchased from Turkey, with European funds, will circulate on the roads of the cities of the Jiului Valley this year. The purchase contract was signed this week by the Hunedoara County Council and the Anadolu Automobil Rom company, and the cars must be delivered to Hunedoara County by October 31, 2023. The green line of electric buses will serve four routes totaling 125 kilometers each way -returned.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
