Bucharest's short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
Rezolv Energy announced the signing of the connection contract for the future 600 MW Danube East and West wind farm in Constanta.
ABB E-mobility supplied Constanta with its latest fast charging technology, powering the city's electric buses and accelerating its transition to emission-free mobility. Constanta installed five 300 kW HVC-PD (Heavy Vehicle Charger Pantograph Down) and twenty 50 kW Terra 54 HV fast charging stations to power its BYD electric bus fleet. All charging stations installed in Constanta are Cloud connected through ABB Ability™, facilitating remote software upgrades.
The city of Constanta wants to "charge" its electric buses from the sun. The CT Bus SA company is consulting the market for the creation of a photovoltaic park that will increase the energy independence of the company. It would be used to power electric buses.
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.
