Romania's Energy Ministry has allocated €13.38 million in non-refundable Modernisation Fund financing to various universities and municipalities for developing renewable energy sources (RES) and storage capabilities.
The European Union has allocated €2.967 billion through the Modernisation Fund to support 39 energy projects across 10 EU Member States.
BAT aims to achieve a 50% reduction in our Scope 1, 2 & 3 emissions by 2030 and to be Net Zero across their value chain by 2050.
EBRD has agreed to invest up to €29.3 million in a green bond issuance by Poland's R.Power SA. This investment will secure funds for renewable energy projects.
Eolenerg Project has ordered 12 wind turbines to be installed in their new wind farm in Săcele, Constanța, with Vestas Wind Systems.
IEA's latest monitor shows wide variations in clean energy deployment among regions and technologies amid increased manufacturing capacity and declining costs.
The Bulgarian Ministry of Energy has approved €268 million in state aid for 249 renewable energy projects, including energy storage units.
