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.
Global renewable energy capacity grew by a record-breaking 15.1% in 2024 to reach 4,448 gigawatts (GW).
AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.
Romanian engineering and technology company Simtel has secured two financing agreements from Banca Transilvania to support the completion of its photovoltaic park in Giurgiu.
Poland's energy regulator, URE, has announced that the country's 2025 renewable energy auctions will take place between 1 and 9 July 2025.
Eurowind Energy's 60.2 MW solar park in Transylvania will become operational by the end of April.
