Hidroelectrica signed a joint venture agreement with Masdar from the United Arab Emirates, for the construction of offshore wind farms and floating solar farms in Romania. Hidroelectrica is the largest producer of green energy in Romania, with a portfolio of 187 hydropower plants, with a hydropower capacity of 6.3 GW, plus the Crucea wind farm, with an installed capacity of 108 MW.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
PPC Group has announced a €5.75 billion strategic investment initiative aimed at converting former lignite mining areas in Western Macedonia into a major center for green energy and technology.
The European Bank for Reconstruction and Development (EBRD) is providing an additional loan of up to €72 million to BIG CEE as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.