Industry | 11 November, 2024 at 7:41 AM
OMV Petrom starts construction on Romania's largest solar project
OMV Petrom has initiated construction on its largest solar project in Romania.
OMV Petrom has initiated construction on its largest solar project in Romania.
Israeli IPP Econergy Renewable Energy has secured €33 million in financing from PKO Bank Polski for its 52 MW Resko solar park in Poland.
Photon Energy, a Dutch-based solar and clean water solutions provider, has announced the successful connection of a new 3.2 MWp photovoltaic (PV) plant to the Romanian grid.
OMV Petrom, closed the acquisition of several photovoltaic projects from the Danish company Jantzen Renewables ApS.
The Turkish company Smart Solar Technologies will build a factory in Bulgaria for the production of solar cells and panels.
EBRD will provide a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH) to develop and construct a 50 MWp solar power plant on a former coal ash landfill site.
European Energy has secured grid connection approvals for approximately 500 MW of solar and wind energy projects across Romania.
Econergy has signed an agreement to sell its Niculești solar project to Enspire Enerji, investment branch of Turkey-based Entek Elektrik.
Nordic Group will invest €250,000 to equip two warehouses totaling 3,700 square meters, located in the counties of Giurgiu and Timis.
BayWa r.e. is set to acquire the Poarta Albă solar park project in Romania in 2024, originally developed by HVAC Systems.
The EIB Global delegation led by Vice-President Lilyana Pavlova visited Pristina to discuss cooperation opportunities aiming to strengthen connectivity, energy security, and the private sector in Kosovo. EIB intends to contribute to the transition to a low-carbon economy by supporting the development of a 100 MW solar power plant in the Obiliq area, as well as strengthening connectivity by supporting sustainable transport infrastructure.
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.
