Business | 20 December, 2024 at 7:21 PM
DRI secures record solar PPA with OMV Petrom
Dutch-based DRI has signed Romania's largest physical solar power purchase agreement (PPA) with leading oil and gas company OMV Petrom.
Dutch-based DRI has signed Romania's largest physical solar power purchase agreement (PPA) with leading oil and gas company OMV Petrom.
DRI, a subsidiary of the DTEK Group that develops renewable energy projects in the EU, is building a new 60MW solar park in Glodeni, Mureș County.
DRI continues its investments in Romania with the acquisition of a 126 MW photovoltaic park in Văcărești, Dâmbovița county.
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.
