Simtel Team will construct the solar plant in Calarasi County in southeastern Romania. The project is set to be completed within five months.
Simtel Team reported a net profit of €1.02 million for the first quarter of 2024, marking a 199% increase compared to Q1 2023, on revenues of €9.18 million, down 31%.
CIS Group signed a contract for the construction of a photovoltaic park in Copșa Mică. The park is expected to become operational at the beginning of next year.
A new photovoltaic park is set to be constructed at Iași Airport, Romania, spanning five hectares.
Deloitte Romania assisted the Turkish energy company Entek Elektrik Üretimi A.Ş., primarily engaged in the green energy sector, in acquiring Romanian companies.
The Galați City Hall announced that the funding contract for setting up the first photovoltaic park with European funds has been signed.
The company estimates that the project will be fully completed within six months.
The National Power Transmission Company Transelectrica SA has got €56.2 million through the REPowerEu component of the National Recovery and Resilience Plan (PNRR).
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
