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.
Parapet, a construction company in the solar energy sector with offices in Cluj-Napoca and Nuremberg, and Blue Line Energy, a renewable energy producer, announced the completion of the construction of a 1.1 MW photovoltaic power plant. The project is installed inside the Beştepe wind park, Tulcea County.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
