The Oltenia Energy Complex will receive a state aid of RON449 million (€89.8 million) for the year 2023, from the state budget, to finance expenses with greenhouse gas emission certificates. Until now, CE Oltenia has received state aid in the form of a grant of €776.4 million, also for the purchase of greenhouse gas emission certificates.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
PPC Group has announced a €5.75 billion strategic investment initiative aimed at converting former lignite mining areas in Western Macedonia into a major center for green energy and technology.
The European Bank for Reconstruction and Development (EBRD) is providing an additional loan of up to €72 million to BIG CEE as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.