EBRD will invest €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania, and Romania.
IFC provided long-term debt financing for the 461-megawatt (MW) Vifor Wind Power Plant, to boost the supply of competitively priced renewable energy in Romania.
EBRD will lend €32 million, as part of a €291 million financing package, to build and operate a 192 MW onshore wind farm in Romania.
In 2023, the equivalent of 1.7 million more European homes became solar battery-powered.
EBRD is financing the first private energy deal led by a foreign investor to add renewable generation capacity in Ukraine since February 2022.
Eurowind Energy announced that it has obtained the construction permit for the Frumusița wind farm in Galati County.
Engie Romania, together with EFdeN, launched the Sustainable Prosumer Guide, a set of recommendations for becoming a sustainable prosumer.
OMV Petrom will invest approximately €750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.
Visual Fan in association with Waldevar Energy, announced the signing of a contract with Rondocarton S.R.L. for the implementation of a 1 MWp Full EPC project.
Battery-electric buses reached 36% of new city bus sales in 2023 in the EU, overtaking diesel as the main bus fuel type for the first time.
Average CO2 emissions from all new cars registered in Europe in 2023 continued to decrease and were 1.4% lower than in 2022.
Nuclearelectrica and Korea Hydro & Nuclear Power (KHNP) announced the commencement of construction for Europe's first tritium removal facility at the Cernavoda Nuclear Power Plant.
Energy Minister Sebastian Burduja has signed 14 financing contracts for photovoltaic panels for municipalities and public institutions.
TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030.
OMV Petrom has solidified its collaboration with Renovatio through a new acquisition venture in Romania's photovoltaic sector.
Global spending on clean energy technologies and infrastructure will reach €1.85 trillion in 2024.
The US and Europe will face slowing demand and sales for electric vehicles (EVs) in the near term, while China is set to see steady growth.
The tender is valued at €8.4 million, with Rețele Electrice Dobrogea being the beneficiary of the work.
The European Commission has approved an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources.
The wind farm is scheduled to become operational in 2025.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
EIB and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy, and Portugal.
Electric cars (BEV) will reach 20-24% market share in 2025, according to Transport & Environment (T&E) modeling based on sales in the first half of this year and sales forecasts.
The new IEA report offers a first-of-its-kind global stocktake of efforts to integrate variable renewables across 50 power systems, identifying best practices and key challenges.
In the context of the floods that have impacted Romania, the Raiffeisen Bank team has extended its support to civil society.
