Porsche eBike Performance, a German company specializing in advanced electric drive systems for e-bikes, has chosen a site in Croatia for its future battery production facility.
Croatia's solar market is expanding annually, with most growth driven by residential and industrial rooftop installations.
EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.
Croatian oil and gas company INA has announced it plans to invest €40 million ($46 million) in a biogas/biomethane plant using agricultural waste.
The European Commission has decided to refer Croatia to the Court of Justice of the European Union for failure to bring national legislation in line with EU legislation on waste.
wpd, a renewable energy developer based in Germany, plans to build a solar power plant at the site of its existing wind farm Katuni in Croatia. The new solar power plant with an installed capacity of 30 MW and the existing wind farm with a capacity of 34.2 MW will together deliver a maximum of 39 MW to the grid at a time. This is in line with wpd's existing connection contract with the transmission system operator.
Energia Naturalis (ENNA) investment group from Croatia is starting preparations for an initial public offering (IPO) and plans to invest over €1 billion into green projects in Croatia. The company is developing large renewable energy projects, primarily solar and geothermal.
Romania has set ambitious targets to reduce greenhouse gas emissions by 78% by 2030 and achieve climate neutrality by 2050.
Greenvolt Next entered the local market in the last quarter of 2023, supporting Romanian companies with innovative solutions for generating and consuming electricity through customized photovoltaic systems (rooftop, ground-mounted, carports), energy efficiency interventions, solar storage, and electric mobility.
The European Commission and the European Investment Bank (EIB) Group are collaborating with national promotional banks (NPBs) and international financial institutions (IFIs) to create new financing opportunities for affordable and sustainable housing across Europe.
The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.
PGE Polska Grupa Energetyczna has contracted LG Energy Solution Wrocław to build a 262 MW, 981 MWh electricity storage facility in Żarnowiec, valued at €372 million. Completion is expected by Q2 2027.
