EVconnect, the network of charging stations for electric vehicles and a partner of EVBox, has installed another 20 fast charging stations in gas stations in the west of Romania.
The market of electric and plug-in hybrid cars in Romania has accelerated growth thanks to the incentives granted through the Rabla Plus Program and the cost of use of these eco vehicles. More and more Romanians who stay at home prefer to buy electric cars due to the cost per km traveled, and the convenience offered by the fact that they charge their car at home. This includes the possibility of charging from photovoltaic panels.
The EVconnect electric car charging network will exceed the threshold of 500 stations by the end of the year, and by 2025 the network will include at least 3,000 electric car charging stations. Last year, 166,244 charging sessions were registered on the EVconnect network, totaling 2.37 Gwh, which represents a reduction in the CO2 footprint of 1,989 tonnes.
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.
