Energy | 30 December, 2024 at 10:28 AM
OX2 secures 205 MW solar and wind projects in Poland
OX2 has secured contracts in a Polish government auction to supply electricity from a 165 MW solar park and a 40 MW wind farm.
OX2 has secured contracts in a Polish government auction to supply electricity from a 165 MW solar park and a 40 MW wind farm.
Renewables developer OX2 has secured €73 million in financing from Germany's Nord/LB, a leading energy transition bank, for the development of a 100 MW solar farm in Poland.
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.
Construction will start in the first part of 2024, with the aim for the wind farm to become operational by the end of 2025.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
