Business
EBRD supports Romania in launching renewable energy auctions
With support from the EBRD, Romania has introduced a Contract for Difference (CfD) mechanism this week aimed at developing renewable energy infrastructure.
Simtel Team, in partnership with solar energy company Grunman Energy, will develop a 5 MW photovoltaic (PV) park in Bârlad, Vaslui county.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Helexia has installed 27,000 photovoltaic panels in 28 retailers Auchan and Leroy Merlin.
Rezolv Energy has awarded contracts to three companies for the construction of the 229 MW St. George solar park in Silistra, northeastern Bulgaria.
Premier Energy Group reports €534.8 million in normalized revenue for the first half of 2024, marking a significant milestone in its performance.
Achieving climate neutrality will unlock significant opportunities for development, economic growth, and technological innovation.
Hidroelectrica Group experienced a decline in operational and financial performance during the first half of 2024 compared to the same period in 2023.
PROMELEK XXI recorded a turnover of €1.66 million from the installation of turnkey photovoltaic systems in the first six months of the year.
Romania is a key market for the Coca-Cola System and for our sustainability agenda, not only because it's the right thing to do for the environment.
Deloitte Romania assisted the Turkish energy company Entek Elektrik Üretimi A.Ş., primarily engaged in the green energy sector, in acquiring Romanian companies.
The Bioderm Popești-Leordeni Clinic transitioned to green energy, fulfilling its energy needs from its own photovoltaic park, which consists of 54 solar panels producing approximately 21.6 kWh of energy.
PepsiCo Romania transitioned 80% of its fleet to hybrid vehicles last year and will continue investing in energy-efficient solutions, hybrid and electric vehicles.
Electrica and EsyaSoft will set up a joint-stock company that will have as its object of activity the production and operation of advanced technologies in the field of green energy.
Eurowind Energy has completed the construction of the electrical transformation station and commenced the installation of photovoltaic panels at Teiuș Park.
EIB will provide a €250 million loan to the Belgian developer Warehouses De Pauw (WDP), which constructs and leases logistics spaces across Europe.
Romanian technology and engineering company Simtel Team has secured a 13.4 million euro contract with an undisclosed metallurgy sector company to build a photovoltaic park.
Electrocentrale București signed a Memorandum of Understanding with Sage Geosystems Incorporated, a US-based company specializing in geothermal energy technology and storage.
UniCredit Bank has been declared by the British magazine as the Best Bank in Romania for Companies and ESG.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
Restart Energy completed 395.6 kW photovoltaic (PV) installation for local auto parts maker Thyssenkrupp Bilstein.
Engie Romania achieves EDGE Move certification for significant progress in promoting gender equality in the workplace.
Wizz Air will maintain its commitment to significantly reduce CO2 intensity by 2030.
Electromagnetica decided to auction eleven small hydropower plants in the Suceava river basin.
Carlsberg will save up to 224 tons of CO2 annually in Poland.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
The Society for the Administration of Energy Participations (SAPE SA) has received funding from the National Recovery and Resilience Plan (PNRR) for its energy storage project using green hydrogen.
The European Commission has published the State of the Energy Union Report 2024 which describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission's mandate.
Bulgarian investment fund Sofia Angels Ventures (SAV) participated in a €3 million funding round for UK-based, Romanian-founded energy tech startup Ogre AI.
With support from the EBRD, Romania has introduced a Contract for Difference (CfD) mechanism this week aimed at developing renewable energy infrastructure.
