6:00 am - 4:00 pm
Search results for:Romania
If you did not find the result you were looking for, try using other words
Backing Romania’s Green Ambition with 110 Million Euros Finance Package
The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania,...
EBRD is Supporting Renewable Investments in Romania
The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...
Romania adopts offshore wind law
The Romanian Parliament adopts the country’s first Offshore Wind Energy Law.
This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of its offshore...
EFSE and BT Mic Join Forces to Provide Local Currency Financing for Romanian MSEs
The European Fund for Southeast Europe (EFSE) has provided BT Microfinanțare (BT Mic), part of Banca Transilvania Financial Group, with a second loan in Romanian leu equivalent to EUR 7 million to...
Romania Breaks Up Alleged €25m Illegal Logging Ring
Romania’s security forces have mounted a series of raids to break up an alleged €25m illegal logging ring, in what is believed to be the largest operation of its kind yet seen...
Romania Doubles Incentives For Plug-In Electric Vehicles
In a bid to help reduce the country’s growing air pollution problems, the government of Romania has reportedly doubled the incentives on offer for buyers of plug-in electric vehicles.
Following the changes —...
EIB Group Financing Reached EUR 1.1bn in Romania in 2016
The European Investment Bank (EIB) provided new loans worth EUR 1.04bn and the European Investment Fund (EIF – which together with EIB forms the EIB Group) executed operations in Romania totalling EUR...
50.4 Million Euros Secured for the Largest Floating Solar Power Plant in Europe
The trend of increasing solar power capacity is expanding to water surfaces, and one of the largest such projects in Europe is being built in northwestern France. After the project faced financing...
In Germany, More Than 60 Percent of Electricity Comes from Renewable Energy Sources
In the first half of 2024, Germany produced and delivered 220 billion kilowatt-hours of electricity to the grid, which is 5.3 percent less than in the first half of 2023, according to...
EBRD Arranges 40.1 Million Euros Financing to Elektroprivreda BiH towards Bosnia and Herzegovina’s Green Transition
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and...
EBRD and EU to Mobilise Up to 100 Million Euros for Critical Raw Materials Investments
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming...
Immediate Actions Needed to Unblock Grid Capacity for More Wind Energy
The EU wants to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050. Wind is key to energy security, affordable electricity and...
Negative Bidding Continues to Burden Offshore Wind Development
Germany and the Netherlands have recently issued the results of their latest offshore wind auction. They awarded a total capacity of 6.5 GW. That’s good for Europe’s energy transition. But the auction...
The Upward Trajectory That Should Concern Us
“And I called for a drought upon the land, and upon the mountains, and upon the grain, and upon the new wine, and upon the oil, and upon that which the ground...
French Auction Results are not the new Benchmark for Floating Wind in Europe
Last month France published the results of its 250 MW floating offshore wind auction off South Brittany (AO5). The winning bid was awarded at 86 euros /MWh – a record-low for floating...
Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...
