Business | 15 November, 2024 at 7:35 AM
PPC Group commits €10 billion for green energy
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
Multilateral development banks (MDBs) issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.
Polish energy company Tauron Polska Energia SA has recently commissioned its 58.5 MW wind farm in Mierzyn, West Pomeranian province.
The International Energy Agency (IEA) has released its October 2024 report, outlining a promising future for photovoltaic (PV) solar energy.
Ingka Investments, the investment arm of IKEA owner Ingka Group, has acquired the 62 MW Wysoka wind farm in Poland from OX2.
EIB and ORLEN Group, Poland's largest energy company, signed a €200 million loan agreement for projects supporting energy transition.
Eurowind Energy has achieved a significant milestone by installing the first wind turbine at its Pecineaga wind farm in Constanța County, Romania.
The European Commission has endorsed a positive preliminary assessment of Poland's payment request for the second and third instalments for €9.4 billion.
OMV Petrom has initiated construction on its largest solar project in Romania.
EBRD will support the development of high-quality, energy-efficient residential housing in Poland through a €100 million loan to the Polish subsidiaries of Vantage Development.
Following the energy price shocks of the past years, electricity and gas remain expensive for both households and businesses.
Restart Energy finalized the implementation of a photovoltaic project worth €300,000 for Teleferic Cindrel Company, administrator of the ski area Păltiniș Arena.
The European bank for Reconstruction and Development (EBRD) has committed an additional €3 billion to its flagship Green Cities programme.
Israeli IPP Econergy Renewable Energy has secured €33 million in financing from PKO Bank Polski for its 52 MW Resko solar park in Poland.
IMMOFINANZ signed a new five-year, €180 million green loan with Helaba, pbb Deutsche Pfandbriefbank and Berlin Hyp, secured by myhive Warsaw Spire,
OMV Petrom and TAROM announced the signing of a contract for the supply of sustainable aviation fuel (SAF), a first for Romanian aviation.
Transformations in schools, the Botanical Garden, and the Circular Economy Center offer Bucharest residents direct opportunities for practical learning and active involvement in the community.
Romania's solar power sector is experiencing explosive growth, driven primarily by prosumers.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
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.
