Finance | 26 January, 2024 at 2:10 PM
EIB Group allocates €49 billion to green finance in 2023
The European Investment Bank Group has announced that a record €49 billion was invested in green finance at the level of 2023.
The European Investment Bank Group has announced that a record €49 billion was invested in green finance at the level of 2023.
Renewables are set to make up more than one-third of total electricity generation by early 2025, overtaking coal.
The paper producer Pehart Tec Grup SA will install a 2 MW photovoltaic system with storage.
ENGIE has announced the signing of the agreement for the acquisition of a wind farm, majority owned by the EnerCap Group, in Chirnogeni, Constanța County.
The Ministry of Energy is preparing two major projects in the field of green energy, with a total value of over €800 million, financed from the Modernization Fund.
nextE has announced the signing of a corporate PPA for a solar plant in Romania with an installed capacity of over 50 MW.
The "Photovoltaic Green House" program will have a budget of RON 2 billion (€400 million) for this year.
The Romanian company Arabesque, which manages a distribution chain of construction materials in the country, launched the tender for the construction of a photovoltaic system.
The Galați County Council has approved a thermal rehabilitation and energy modernization project of the facilities related to the Galati County Hospital.
Simtel has announced the completion of the largest photovoltaic power plant installed on the roof of a single building in Romania, namely the Dedeman Turda logistics center.
The Botosani County Council and two subordinate units applied for financing from the Modernization Fund for three projects to realize a photovoltaic park and two photovoltaic power plants.
Vestas wants to become a leader in offshore wind and has announced its plans to establish a new blade factory in Szczecin, Poland.
The EU has built 17 GW of new wind energy in 2023, slightly up in 2022 – and more than ever in a year.
The world has added 50% more renewable capacity in 2023 than in 2022 and the next 5 years will see the fastest growth yet.
Rezolv Energy has secured a license for its 229 MW St. George solar project to be built at the former Silistra airport in Silistra municipality, northeastern Bulgaria.
The company Photon Energy N.V. has announced that its branch in Romania, Photon Energy Engineering Romania, has completed and connected to the grid another photovoltaic plant.
Sunwind Energy, the company bought by Electrica from Muntmark, is looking for a contractor for the "turnkey" construction of the 27 MW Satu Mare 2 photovoltaic park.
UniCredit Bank Romania has financed the photovoltaic plant in Şarmăşag, Sălaj County, with €39.3 million, thus supporting Romania's transition to green energy.
The manufacturer of electronic devices Visual Fan, the company that owns the Allview brand, has built two new photovoltaic plants in Baia Mare.
Restart Energy has completed the installation of a photovoltaic energy generation system for the Kraftalt company, worth approximately €450,000.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
Eurowind Energy and Autoliv, a global leader in automotive safety systems, have signed a 12-year Power Purchase Agreement (PPA) in Romania.
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.
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.
Polish firm Węglokoks has secured €11.63 million in funding to develop a photovoltaic (PV) farm and an energy storage facility.
