Energy | 26 September, 2023 at 2:35 PM
Enea buys 35 MW PV farm in Poland
Enea SA has bought a 35 MW photovoltaic farm in Greater Poland Voivodeship from PAD RES.
Enea SA has bought a 35 MW photovoltaic farm in Greater Poland Voivodeship from PAD RES.
PAD RES, a leading Polish developer in the clean energy sector, has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 million (€54 million).
The funds, provided by RGREEN INVEST's short-term senior debt fund INFRABRIDGE III, will be used to support the construction of 14 fully merchant solar PV projects that amount to a total capacity of 76 MWp.
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.
