Energy | 30 August, 2024 at 8:00 PM
Romania signs €16.2 million in contracts for local renewable energy
These investments will reduce local energy costs, create jobs, and improve the quality of life.
These investments will reduce local energy costs, create jobs, and improve the quality of life.
The company plans to use the funds raised through the listing to acquire renewable energy assets in Romania and Moldova.
Greenvolt Group has made its debut in the Romanian market within the Distributed Generation segment.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
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.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Polish firm Węglokoks has secured €11.63 million in funding to develop a photovoltaic (PV) farm and an energy storage facility.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
