Finance | 25 April, 2025 at 4:00 PM
EIB funds PGE's renewable energy expansion
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
Ingka Investments, the investment arm of the Ingka Group – the largest IKEA retailer, has inaugurated its first solar park in Poland, reinforcing the commitment to the renewable energy transition.
Hidroelectrica has signed a contract for the purchase of its first Li-ion battery energy storage system, which will be deployed at the Crucea Nord Wind Farm.
Greenvolt Power has completed the sale of the Pelplin Wind Farm (pictured) to Enea Nowa Energia, a subsidiary of the Enea Group, one of Poland's largest electricity providers.
Auchan continues to drive forward the green energy transformation of its retail network.
Eximprod Group has finalized the construction of a 50 MW photovoltaic park in Ciorani, Prahova County.
The energy transition is a central priority for ENGIE, both worldwide and in Romania.
The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank's "Auctions-as-a-Service" tool for the auction closing in 2025.
The European Commission has adopted the 2025-2030 work plan for the Ecodesign for Sustainable Products Regulation (ESPR) and the Energy Labelling Regulation.
Energa expands its installed renewable energy capacity by 43% in 2024, marking a pivotal shift in its energy portfolio.
AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.
Poland's energy regulator, URE, has announced that the country's 2025 renewable energy auctions will take place between 1 and 9 July 2025.
Romanian engineering and technology company Simtel has secured two financing agreements from Banca Transilvania to support the completion of its photovoltaic park in Giurgiu.
Eurowind Energy's 60.2 MW solar park in Transylvania will become operational by the end of April.
Polish solar energy installer Columbus Energy has completed another sale of photovoltaic assets to renewable energy developer GoldenPeaks Capital.
OMV Petrom, in partnership with Complexul Energetic Oltenia (CE Oltenia), announced the signing of the design and execution contracts for four photovoltaic parks.
Nofar Energy will build an even larger facility. The company has signed a turnkey contract, including operation and maintenance services, for a 265 MW solar power plant in Corbii Mari, Dâmboviţa County.
Polish solar contractor Eko Prime has completed a 14.71 MW photovoltaic installation in Turowo, located in the West Pomeranian province.
MORE, together with PPC Renewables, has included eight new photovoltaic power plants—totaling 882.4 MW—in their renewable energy development portfolio.
The European Commission has reaffirmed its long-term commitment to tackling Europe's climate and environment crises by investing more than €86 million in new green strategic projects over the next ten years.
The European Bank for Reconstruction and Development is providing €35 million to GreenWay as part of a €113 million financing package to expand electric vehicle charging infrastructure across Central Europe.
The newly published Edition 2 2026 of the PV Module Manufacturer Ranking Report shows the first signs of stabilisation in the solar manufacturing sector's balance sheets after more than a year of steady deterioration. The table tracks the Altman Z-Score, a widely used measure of bankruptcy risk, for 64 publicly listed photovoltaic module manufacturers, and has now been refreshed with first-quarter 2026 data.
The Faculty of Hydrotechnics from the Technical University of Civil Engineering Bucharest and Waldevar Floating PV have signed a strategic partnership to accelerate innovation in renewable energy and prepare the next generation of specialists in floating photovoltaic technologies.
Join Lisa Chase and Tjidsger Wierda for a workshop on 28 May
Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.
