The Society for the Administration of Energy Participations (SAPE SA) has received funding from the National Recovery and Resilience Plan (PNRR) for its energy storage project using green hydrogen.
ENGIE Romania has announced the investment decision and the start of works for the construction of a photovoltaic park with a total capacity of 37.2 MWp, in Ariceștii Rahtivani commune, in Prahova County.
PAD RES, a leading Polish developer in the clean energy sector, has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 million (€54 million).
Romania will have access to more clean energy in the coming years and by the end of next year, capacities of 735 MW of installed power could be put into operation, says the Minister of Energy, Sebastian Burduja.
OMV Petrom, the largest integrated energy company in Southeast Europe, announces the signing of the financing contracts to construct four photovoltaic parks with a cumulated capacity of 450 MW.
OMV Petrom, the largest integrated energy company in Southeast Europe, signed an agreement for the purchase of several projects for the construction of photovoltaic parks in Teleorman County.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
