The European Bank for Reconstruction and Development (EBRD) has backed a €25 million (US$27 million) investment into a 112.5MW solar PV project in north-eastern Bulgaria.
More than a quarter of the European Union’s (EU) electricity (27%) came from solar and wind in 2023, according to new analysis from energy thinktank Ember.
Independent power producer (IPP) Sonnedix has secured a €260 million (US$279 million) green loan to finance the acquisition and construction of renewable energy projects in Italy.