By the end of 2021, solar accounted for almost 10% of Bulgaria's installed capacity at 1.2 GW, but only 3% of electricity production at around 1.5 TWh.
Eurohold owns the Euroins insurance company, one of the largest in Romania and the leader of the RCA policy market, which recently went bankrupt. However, the company has been active in the Bulgarian energy market for some time, buying the assets of the Czech energy group CEZ in the Balkan country for €335 million.
Real estate developer Portland Trust has sold a photovoltaic project in Dâmbovița County, which occupies an area of 290 hectares and could power a city the size of Brăila.
CCE Holding, a company specializing in the development and implementation of renewable energy projects, is starting the construction of its first photovoltaic park in Romania.
The mayor of Timisoara, Dominic Fritz, has announced that the City Hall wants to build a photovoltaic park in the west of the city, close to the Freidorf industrial area.
The National Power Transmission Company Transelectrica SA has got €56.2 million through the REPowerEu component of the National Recovery and Resilience Plan (PNRR).
Engie has started the construction of a photovoltaic park in Brăila County, located next to a wind farm that it owns.
Copper Beech Urban Development is planning a major investment of RON 745 million (€149 million) in the development of a photovoltaic park in Giurgiu County.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
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.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
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.
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
