Romania could save over €6 billion by 2050, by renovating old buildings. Also, reducing exposure to dampness and mold and addressing the lack of natural light in residential buildings generates welfare benefits estimated to be equivalent to around €100 billion per year in EU countries.
Poland's National Fund for Environmental Protection and Water Management (NFOŚiGW) has opened a call for applications to co-finance electricity storage facilities, with funding from the Modernisation Fund.
EBRD will extend a regional loan of up to €120 million to AFI Europe (AFI) to support the company's ongoing development projects in Serbia, Poland, Romania, and Czechia.
Ember, a global energy think tank, reports that 2024 marked a historic shift in electricity generation: for the first time since the 1940s, low-carbon sources—such as renewables and nuclear—accounted for more than 40% of global electricity.
EBRD advances the broader use of innovative financial instruments in Romania by signing a synthetic securitisation deal with UniCredit Bank S.A. (UniCredit Bank)
RWE and PPC are advancing Greece's energy transition through their joint venture, Meton Energy S.A., which has reached a final investment decision for two major solar projects in Central Macedonia.
