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Bosnian furniture maker SECOM has installed rooftop solar to cut electricity costs and align with EU sustainability standards.
The European Bank for Reconstruction and Development (EBRD) is lending up to €50 million to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern Bulgaria. A parallel financing facility of €53 million will be provided by Raiffeisen Bank International, making the total finance package €103 million.
Supported by the EBRD, Romania has this week launched a Contract for Difference (CfD) mechanism for the construction of renewable energy installations and opened the first auction for 1.5 GW of renewable energy generation capacities – 500 MW of solar PV and 1 GW of onshore wind.
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €31.6 million to Hrvatska Elektroprivreda d.d. (HEP), Croatia's national energy company to finance the construction and operation of a solar power plant with installed capacity of up to 99 MW.
The EBRD provides a €28 million loan for the upgrade of electrical substation Brezna. This enables to integrate up to 400 MW of new, large-scale renewable energy into the country’s power grid.
The European Bank for Reconstruction and Development (EBRD) is making an equity investment of €15 million in Eldrive, a leading regional charging point operator in Bulgaria, Lithuania and Romania.
The European Bank for Reconstruction and Development (EBRD) is taking an equity stake in Premier Energy PLC to support investments in renewable energy generation capacity in Romania and Moldova.
EBRD forms a renewable energy joint venture with Goldbeck Solar for the Ukraine that targets the development of up to 500 MW of solar PV projects over the next 3 to 5 years.