EIB to fund €300 million Czech train upgrade
EIB will lend €300 million to the Czech Republic's national railway operator, České dráhy, to buy new train carriages and locomotives as well as upgrade existing ones.
EIB will lend €300 million to the Czech Republic's national railway operator, České dráhy, to buy new train carriages and locomotives as well as upgrade existing ones.
The European Commission has approved a €2.5 billion (CZK 60 billion) Czech scheme to help manufacturing companies decarbonize their production processes and improve their energy efficiency to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan.
The renovated railway service in South Moravia, one of the biggest Cohesion Policy investments in the Czech Republic, was inaugurated and opened to passengers. The renovation of this line, involving - 37 new electric units - will contribute to the de-congestion of traffic during peak hours in the busy South-Moravian railway, which transports approximately 22 million passengers every year.
The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million.
EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
In 2023, renewable energy accounted for 24.5% of the EU's gross final energy consumption, marking a 1.4 percentage point increase compared to 2022.
EU countries have updated their goals for the deployment of offshore renewable energy up to 2050 in each of the EU's 5 sea basins, with intermediate objectives to be achieved by 2030 and 2040.
Registrations of battery-electric cars declined by 9.5% to 130,757 units in November 2024.
Nuclearelectrica announced a €1.9 billion EPC contract with an international consortium to refurbish Unit 1 and extend its life by 30 years.