Energy | 24 June, 2024 at 11:00 AM
Four countries from Europe lead the way in the energy transition
However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.
However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.
EU Commission announced that two Chinese-owned renewable energy developers have pulled out from a public tender to build a solar photovoltaic park in Romania.
Romania has set ambitious targets to reduce greenhouse gas emissions by 78% by 2030 and achieve climate neutrality by 2050.
Harmony Energy, a UK-based developer and operator of renewable energy projects, has completed the sale of a 200-MW/400-MWh battery storage project in Poland to EDF Renewables Polska.
The European Investment Bank (EIB) will provide up to €30 million to co-finance one of Romania's largest onshore wind projects, Pestera II, located near Constanta on the Black Sea coast.
The European Investment Bank (EIB) Group's financing in Poland rose 10% on the year in 2024, reaching €5.7 billion and helping accelerate modern development of cities and regions, as well as energy transition.
Visual Fan, through its renewable energy division Renewable EPC by Allview, has secured a contract to design and build a photovoltaic park of over 5 MW in Reșița, Caraș-Severin County.
