The European Bank for Reconstruction and Development (EBRD) and KfW IPEX-Bank are giving Poland's electric vehicle (EV) industry a combined €135 million (approximately $159 million) boost, with a loan to global chemicals and sustainable technologies group Johnson Matthey for the construction of a new E battery component plant.
The European Bank for Reconstruction and Development has announced further support for Poland's energy transition with approximately €63 million ($67 million) in loans for renewables-focussed independent power producer Qair’s 200MW renewable energy portfolio.
Nokia has partnered with PGE Systemy to deploy a 5G-ready, industrial-grade private wireless solution, following the successful trial since April 2019.
More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm sp.z o.o., a subsidiary of Lithuanian large-scale renewable company Ignitis Renewables.
Policy & Regulation
Elisa Ferreira has shared much-awaited details of the €100 billion Just Transition Mechanism, which represents key financial elements of the bloc’s European Green Deal
Poland has achieved phenomenal growth in solar installations in 2019.
Chemical group LG Chem has been granted a long-term €250 million loan for the construction of a new electric vehicle battery gigafactory in Wroclaw in western Poland.
12Page 1 of 2