PPC Group to invest €10 billion in green energy by 2027
By 2027, the PPC Group plans to invest over 10 billion euros, focusing primarily on green energy, network modernization, and technological innovation.
By 2027, the PPC Group plans to invest over 10 billion euros, focusing primarily on green energy, network modernization, and technological innovation.
Photon Energy N.V. has signed a contract with Greenvolt Power and part of Greenvolt Group, to provide asset management for the Client's Királyegyháza solar PV power plant.
Greenvolt Next entered the local market in the last quarter of 2023, supporting Romanian companies with innovative solutions for generating and consuming electricity through customized photovoltaic systems (rooftop, ground-mounted, carports), energy efficiency interventions, solar storage, and electric mobility.
Romania has set ambitious targets to reduce greenhouse gas emissions by 78% by 2030 and achieve climate neutrality by 2050.
RenewAcad, a certified renewable energy training center operated by Wind Power Energy, launched a new project on March 5 in Petrila.
OMV Petrom, in partnership with Save the Children Romania, is investing €1.5 million to renovate Polizu Maternity Hospital, the largest facility of its kind in Romania.
The Romanian company Parapet, operating across multiple European countries in the photovoltaic sector, will expand its international presence with a new branch in Bergamo, Italy.
SanoVita, a leading local producer of plant-based products, has launched a renewable energy project to power its two production units in Râmnicu Vâlcea.
In 2024, the Hidroelectrica Group experienced a decline in both operational and financial performance compared to the previous year, largely due to unfavorable hydrological conditions.
The Omnibus proposal significantly reduces the number of Romanian companies required to report ESG performance from over 6,000 to just 300, representing a 95% decrease.
E.ON Energie Romania announced the completion of a 655 kWp photovoltaic (PV) plant for the Romanian branch of German automotive parts supplier Continental Automotive.
Polish solar developer R.Power has signed a long-term power purchase agreement (PPA) to supply around 240 GWh of solar energy to local telecom operator Play.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
DN AGRAR Group is set to invest €3.4 million in a new compost plant and the installation of solar panels on the rooftops of buildings at three of its farms.
Amazon Poland announced that the first of its four solar and wind projects, with a combined capacity of 140 MW, has begun generating electricity.
Most Romanian firms – 90% – have acted to reduce greenhouse gas emissions, in line with companies elsewhere in Europe, according to a European Investment Bank (EIB) Group survey.
E.ON Energie Romania has officially entered the green energy production sector after completing the construction of a photovoltaic power plant for the Webasto factory in Arad.
Kajima Poland, a subsidiary of Japan's Kajima Corporation, has completed an 11.6-MW photovoltaic (PV) plant for NGK Ceramics' Polish unit.
Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
DRI, the EU renewables arm of Ukrainian energy company DTEK, announced plans to develop a 120 MW wind farm in Croatia.
Amazon has added 100 new renewable energy projects, bringing its total capacity to over 33 gigawatts, solidifying its position as the largest corporate buyer of renewable energy.
Simtel Team's management has announced the opening of a new subsidiary in Essen, Germany, marking a significant milestone in the Group's international expansion strategy.
Romania and Turkey have signed their first bilateral memorandum of cooperation in the energy sector, marking a significant step toward enhanced collaboration in both traditional and renewable energy fields.
Polenergia, the largest private energy group in Poland, has begun the technological commissioning of its Szprotawa photovoltaic farm—its most ambitious solar project to date.
OMV Petrom will expand its electric mobility infrastructure by adding fast-charging services for electric trucks, with 400 kW stations integrated into its network.
UniCredit Leasing, the leading financial leasing company in Romania, has announced a new strategic partnership with BYD, the world's largest manufacturer of new energy vehicles.
Axpo's Polish subsidiary has signed a route-to-market agreement to supply renewable electricity to Auchan's operations in Poland.