Finance | 15 June, 2024 at 9:00 AM
UniCredit leads financing for 461 MW Romanian wind farm
The project is located in Buzău County and the first phase, which will last until 2025, will see the installation of 30 Vestas wind turbines.
The project is located in Buzău County and the first phase, which will last until 2025, will see the installation of 30 Vestas wind turbines.
EBRD will lend €32 million, as part of a €291 million financing package, to build and operate a 192 MW onshore wind farm in Romania.
Eurowind Energy announced that it has obtained the construction permit for the Frumusița wind farm in Galati County.
Global spending on clean energy technologies and infrastructure will reach €1.85 trillion in 2024.
The European Commission has approved an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources.
Since 2019, wind and solar capacity in the EU has grown by 65% (+188 GW). Wind capacity increased by 31% (+52 GW) to 219 GW in 2023.
UniCredit acted as Joint Global Coordinator and exclusive ESG Advisor in the context of Premier Energy's IPO.
Visual Fan SA announced the completion of two key projects for important private companies in Romania in a very short period.
MK Hydroenergy Power, in partnership with Innovation Norway, has developed the first floating photovoltaic energy system on the Grebla hydropower plant's settling pond.
EBRD purchased 11% of the shares offered during Premier Energy's initial public offering (IPO), investing €15.5 million.
The European Commission has approved the fourth Important Project of Common European Interest (IPCEI) under EU State aid rules to support research within the hydrogen value chain.
Renovatio Solar has installed 650 photovoltaic panels on the ANA Hotels and Crowne Plaza buildings in Bucharest.
Despite Beijing's focus on self-reliance in its energy policy, it is expected that most oil and gas will still be imported in 2050.
The European Commission has approved a €4 billion French State aid scheme designed to support the decarbonization of the manufacturing sector.
Amazon will enable 12 new renewable energy projects in Spain, with a combined capacity of 596 MW.
Europe will need to modernize its distribution grids to enable widespread electrification of transport, heating, and industry.
The European Bank for Reconstruction and Development (EBRD) financed a 10 MW solar power plant in the Feriana region, Tunisia.
Over 46% of homeowners are considering upgrading their heating systems to more energy-efficient ones, while close to 77% are contemplating investing in renewable energy.
Renewable Energy Investments is a proposal from Colliers for investors looking to diversify their property portfolio by expanding into renewable energy projects. The service includes comprehensive transactional advice, investment support for photovoltaic and wind farms and energy storage.
EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
Equinor and Polenergia have received the final environmental permit for the Bałtyk 1 offshore wind farm project.
HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.
The European Commission (EC) provides €52 million to support nine renewable energy projects across Finland and Estonia.
OMV announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
