Industry | 17 December, 2024 at 7:38 AM
Poland secures €9.4 billion in EU Recovery Funds
Poland has received €9.4 billion from the EU's National Recovery Plan (NRP) after fulfilling its second and third payment requests.
Poland has received €9.4 billion from the EU's National Recovery Plan (NRP) after fulfilling its second and third payment requests.
EIB will provide €243 million in financing to leading independent clean wind and solar energy operator ERG Group to promote the development of renewable energy in Italy, France and Germany.
Enery has successfully secured a €214.45 million bank loan facility to drive the development and consolidation of its renewable energy projects in Romania.
EBRD has approved a €90 million loan for Engie Romania, part of France's Engie Group, to refinance the acquisition of an operational wind farm.
In the first ten months of 2024, solar energy generated by photovoltaic installations reached 3.18 billion kWh, marking a 55.1% rise compared to the same period last year.
In 2023, 10.7 million new passenger cars were registered in the EU.
ABO Energy recently inaugurated a 20 megawatts solar farm in Hungary, after having connected it to the grid.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
The European Investment Bank (EIB) is using again its €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Commerzbank AG.
NEPI Rockcastle plans to transform its shopping centers in Romania into local energy hubs and fully meet their energy needs with green energy by the end of 2026.
PPC Group has entered the Italian renewable energy market with the launch of two photovoltaic (PV) plants boasting a combined installed capacity of 32 MW.
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.
Stellantis and CATL have finalized an agreement to establish a joint venture for the construction of a major lithium iron phosphate (LFP) battery factory in Zaragoza, Spain.
Canada has taken a significant step in supporting Poland's energy transition, with Export Development Canada (EDC) issuing a letter of intent to provide up €1.37 billion in financing for Poland's first nuclear power plant.
The Ministry of Energy has announced a significant expansion in Hungary's solar power capacity.
EDP Renewables has started the construction of its first stand-alone battery energy storage (BESS) project in Europe.
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
Hidroelectrica has announced the completion of refurbishment works on Hydro Unit No. 5 (HA5) at the Stejaru Hydroelectric Power Plant.
The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania.
Polish utility Tauron Polska Energia SA has inaugurated a 30-MW wind farm in Warblewo, located in the West Pomeranian province.
Poland has announced that its first offshore wind auction will take place in December 2025, aiming to award contracts for up to 4 GW of new capacity. I
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.
The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.
Cristian Barbu, a pioneer in Romania's renewable energy sector, is returning with a new focus: energy storage.
