Energy
€720 million for European renewable hydrogen production
The European Commission will allocate nearly €720 million to seven renewable hydrogen projects across Europe.
Iberdrola, the Spanish power utility, announced the sale of its Romanian wind subsidiary, Eolica Dobrogea One, to power and gas distributor Premier Energy Group for €88 million.
The Ministry of Energy in Romania has launched two project calls in new capacities for electricity production from renewable sources for self-consumption.
PepsiCo announced the implementation of its latest eco-friendly initiative: the integration of photovoltaic panels across three key sites in Romania.
Romanians' interest in green energy solutions, such as installing solar panels, is on the rise in early 2024 compared to the beginning of 2023.
Eurowind Energy secures a €65.33 million credit facility from BCR and Erste Group for the construction of the wind farm in Pecineaga.
Nordic Group will invest €250,000 to equip two warehouses totaling 3,700 square meters, located in the counties of Giurgiu and Timis.
Hidroelectrica announced that it has signed an extension of the collaboration agreement with Masdar to develop onshore and floating photovoltaic solar projects,
Visual Fan announced the completion of a new photovoltaic project. This consisted of designing and implementing five photovoltaic plants with a total capacity of 1.3 MW.
Romanian engineering and technology company Simtel Team, along with another independent company, will develop a photovoltaic power plant in Satu Mare.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
The European Union has initiated an investigation into Chinese wind turbine companies for subsidies.
This capacity is part of the first hybrid photovoltaic wind-battery project installed within the Mireasa Wind Farm.
The investment initiative primarily involves the installation of photovoltaic plants and storage facilities across 29 electrical energy stations.
Romania has developed its strategic document in response to the EU Hydrogen Strategy.
Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
The two companies installed a 1,409 KW solar system at Shopping City Piatra Neamţ and a 450 KW solar system at Selgros Craiova last year.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
This observation illustrates that the wind resource is very stable from one year to another at a global scale whereas, the annual production can vary within a 25 % range.
This trend suggests a growing interest among Romanians and companies in adopting this energy efficiency measure.
Antibiotice Iasi has inaugurated a 2.5 MW photovoltaic facility, a project funded by the Romanian Recovery and Resilience Plan (RRP).
Public Power Corp (PPC), based in Greece, has completed the acquisition of the 84 MW wind farm owned by Lukoil in Romania.
Simtel Team has obtained non-refundable financing of €12.2 million for the construction of the Giurgiu photovoltaic power plant.
Copenhagen Airport has achieved a significant milestone by installing a large battery for storing green power, making it one of the pioneering airports in Europe to do so.
TotalEnergies announced that it has surpassed the milestone of 1.5 gigawatts (GW) of signed renewable Power Purchase Agreements (PPAs).
For the green transformation of the Romanian economy, it is of critical importance to have a true alignment of the private and public sectors.
The European Commission will allocate nearly €720 million to seven renewable hydrogen projects across Europe.
The Romanian Ministry of Energy announced that he offshore wind energy law will come into effect on May 30th.
The European Commission and EU consumer authorities have reached out to 20 airlines regarding potentially misleading green claims.
Over 15,000 residences in Romania have been certified as "Green Homes" or have obtained precertification (still in the construction phase) between 2014 and 2024.