Danish turbine manufacturer Vestas has revealed plans to build a new blade factory in Szczecin, Poland, in response to increasing demand across Europe and globally.
Vestas has received turbine orders totaling 151 MW for four projects across Poland, Denmark, Italy, and Portugal.
Vestas wants to become a leader in offshore wind and has announced its plans to establish a new blade factory in Szczecin, Poland.
DTEK Renewables, a company owned by Ukrainian billionaire Rinat Ahmetov, installed the largest wind turbine in Romania, in Ruginoasa.
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.
