More than €800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks.
More than 3,000 MW of solar energy projects are to be installed in Romania in the next two years, thanks to European funds. The government is preparing green funding from the Modernisation Fund: over €1.5 billion for companies and local authorities. Romania is among the top 10 countries in alternative energy consumption.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
