/BUCHAREST, December 20, 2024, 11:00 GMT, DRI, OMV Petrom/ DRI, the EU renewables arm of Ukrainian energy company DTEK, has signed the largest physical solar power purchase agreement (“PPA”) in Romania with OMV Petrom S.A., the largest integrated energy producer in Southeastern Europe. The PPA is a package deal, grouping three PPAs with OMV Petrom over an 8.5-year period for approximately 100GWh per year at a fixed rate, including the sale of physical electricity and Guarantees of Origin.

/Essen/Rome, December 4, 2024, 9:00 GMT, RWE/ RWE was successful in the Italian Resilience and Recovery Plan auction, awarding contract for difference tariff and up to 40% return on investment for advanced Agri-PV. The 9.8 megawatt (MWac) Morcone and 9,3 MWac Acquafredda advanced Agri-PV plants, located in the province of Benevento in the Campania region, were awarded. Construction of the more than 32,500 solar modules is scheduled to begin in early 2025, with commissioning scheduled for the end of next year.

/LONDON, November 21, 2024, 11:30 GMT, EIB, RENEWABLE MARKET WATCH^TM/ The European Investment Bank (EIB) is providing €80 million to the Puespoek (PÜSPÖK) Group to build six agrivoltaic farms in Burgenland, Austria. This innovative project is being financed together with Erste Bank of the Austrian group of savings banks (Sparkassen). Erste Bank is providing a loan of €43 million, of which €28 million will be refinanced by the EIB.

/Baku, Azerbaijan, November 20, 2024, 9:00 GMT, RENEWABLE MARKET WATCH^TM/ Renewable Market Watch™ participates in the COP29 Conference in Baku, Azerbaijan. The UN Climate Change Conference (COP29) closed with a new finance goal to help countries to protect their people and economies against climate disasters, and share in the vast benefits of the clean energy boom. A notable achievement during the past two weeks was the progress made on carbon markets. After nearly a decade of work, countries have agreed on the final building blocks that set out how carbon markets will operate under the Paris Agreement, making country-to-country trading and a carbon crediting mechanism fully operational.