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RENEWABLES: Alteo Eyes 1.5-2GW of CEE Solar, Wind by 2030

RENEWABLES
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Hungary-based Alteo is planning to build 1.5–2GW of solar and wind power by 2030 primarily in Romania, Slovakia, Croatia and Serbia, it said.

  • The projects are expected to be built by raising capital through equity rather than bank loans or bonds.
  • However, there are regulatory and network bottlenecks, whichat can cause challenges.
  • The company plans to balance acquisitions, greenfield projects, and hybrid investments to achieve rapid yet sustainable expansion.
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Hungary-based Alteo is planning to build 1.5–2GW of solar and wind power by 2030 primarily in Romania, Slovakia, Croatia and Serbia, it said.

  • The projects are expected to be built by raising capital through equity rather than bank loans or bonds.
  • However, there are regulatory and network bottlenecks, whichat can cause challenges.
  • The company plans to balance acquisitions, greenfield projects, and hybrid investments to achieve rapid yet sustainable expansion.