The solar and wind projects will be located in the south-west and south-east of Poland, respectively. The solar farm will be OX2's second in the country, while the wind farm will be its eighth.
Sweden-based OX2, which has a 3.1 GW renewables development pipeline in Poland, is currently constructing the 20 MW Bejsce wind farm and the 100 MW Rutki solar project.
Ingka Investments, the investment arm of IKEA owner Ingka Group, has acquired the 62 MW Wysoka wind farm in Poland from OX2.
The renewable energy developer OX2 has finalized a sale agreement for a 99.2 MW onshore wind project in Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura.
The European Commission has introduced a series of updated recommendations and guidance documents to refine and expedite permitting procedures and auctions for renewables.
Helios & Wind Energy has received approval to construct 31 wind turbines with a total capacity of 186 MW/hour in Romania.
Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.
The Italian group Alerion announced the completion of two new photovoltaic plants in Romania, where it has also begun production.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
Qualitas Energy announced today the acquisition of a 117 MWp solar portfolio in Poland.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
EBRD invested €707 million in 44 projects in Romania last year, a notable increase from the €658 million invested in 23 projects in 2023.
