Tag: Fitch Ratings (1 articles)

Industry   |   24 April, 2023 at 9:01 AM

Romania and Bulgaria are highly vulnerable to decarbonisation transition risks

Romania is among the most vulnerable countries in the region to the risks related to the transition to a green economy, in the context where investments in decarbonization are expected to put additional pressure on public finances. According to the global rating agency Fitch Ratings, the cost impact of the decarbonization transition on sovereign ratings in the region appears to be manageable.

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Environment

EU boosts offshore energy goals

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.

Industry

Tauron expands wind portfolio and cets 2035 goals

Tauron has inaugurated the Gamów wind farm in the Silesian province, its 14th onshore wind farm. Located in the Rudnik commune, the site includes 15 turbines with a total capacity of 33 MW.

Real estate

ABB and WorldGBC unite for green buildings in Europe

ABB's Smart Buildings Division has announced a strategic collaboration with the World Green Building Council's (WorldGBC) European Regional Network (ERN) to accelerate sustainable and energy-efficient building practices across Europe.