/BUCHAREST, August 5, 2024, 11:00 CEST, RENEWABLE MARKET WATCHTM/ The European Bank for Reconstruction and Development (EBRD) announced today its decision to provide €12.2 million for the construction of two solar photovoltaic power plants in Romania's Dolj County. This is part of a limited recourse financing package aimed at boosting renewable construction in the country and supporting Romania in meeting its ambitious renewable energy targets. The Eastern European country has committed to increasing the share of renewables in its total energy consumption from 24.3 per cent in 2019 to a more ambitious 36.2 per cent by 2030 by adding 11.9 GW of new renewable capacity.