Finance | 26 July, 2024 at 9:00 AM
World Bank to boost green growth in Romania
The World Bank Group's Board of Executive Directors has approved a Development Policy Loan (DPL) for Romania, amounting to €599.1 million.
The World Bank Group's Board of Executive Directors has approved a Development Policy Loan (DPL) for Romania, amounting to €599.1 million.
EBRD and the World Bank Group have entered into a memorandum of understanding (MOU) to strengthen their collaboration and effectively address global challenges together.
IFC is providing a €35 million loan to Karsan.
The World Bank supports Bulgaria's efforts to secure clean energy resources. The bank will provide expert technical opinions based on the best global ideas and practices for managing Bulgaria's geothermal energy resources. The use of geothermal energy will provide new jobs and guarantee a smooth transition to green energy.
Achieving climate neutrality will unlock significant opportunities for development, economic growth, and technological innovation.
PPD Global, a leading distributor of premium beverages in Romania, has invested €500,000 to equip its Bucharest logistics center with modern photovoltaic panels, totaling 405 kWp of installed power.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
