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New Benchmark Method Validates Grid-Forming Inverters for Future Power Grids

Ensuring grid stability is a critical pillar of the energy transition, as renewable generation continues to expand worldwide. Recognizing...
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European Bank For Reconstruction And Development (EBRD) Launches InvestEU Risk-Sharing Facility To Expand Green Financing In Romania

The EBRD launched the InvestEU Portfolio Risk Sharing Facility in Romania to boost sustainable investments, expecting over €270 million in green financing. This initiative targets diverse borrowers, easing access to funds for energy-efficient projects. It also offers technical assistance to ensure effective project execution, contributing to Romania’s green transition goals.

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NORTH EUROPE

Statkraft Signs Two Long-Term Power Deals To Supply 12.3 TWh Of Electricity To Hydro For Its Aluminium Plants In Norway

Statkraft has secured two long-term power purchase agreements with Hydro, supplying 12.3 TWh of electricity over the next decade to support its aluminium production in Norway. These contracts ensure stable energy access, strengthen Hydro's competitiveness, and highlight the crucial role of reliable power for industrial development and low-carbon solutions.

EASTERN EUROPE

European Bank For Reconstruction And Development Launches InvestEU Risk-Sharing Facility In Romania To Boost Sustainable Investment

The EBRD has launched the InvestEU Portfolio Risk Sharing Facility in Romania to enhance public and private investment in sustainable projects. With over €270 million in green financing, the initiative aims to improve energy efficiency and reduce carbon emissions. It involves collaboration with local banks and offers technical support.

WESTERN EUROPE

European Energy Begins Construction Of Major 225.5 MW Agrivoltaic Project In Sicily, Italy

Construction is underway on the Vizzini agrivoltaic project in Sicily, set to be Italy's largest of its kind with a capacity of 225.5 MW. It will generate 405 GWh annually, avoiding 162,090 tonnes of CO₂ emissions. The dual-use model integrates solar energy production and agriculture, supporting local biodiversity and community involvement.

SOUTHERN EUROPE

European Bank For Reconstruction And Development (EBRD) Supports Türkiye’s Green Transition With €50 Million Financing Package For QNB Leasing

The European Bank for Reconstruction and Development is enhancing green investment in Türkiye with up to €50 million for QNB Leasing, aimed at earthquake recovery. The funds, including €47 million from EBRD, support energy efficiency and sustainable projects in affected regions, aiding local SMEs in building eco-friendly infrastructure.

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