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CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

EDPR inaugurates largest solar energy park in Europe

Green Forum

20 March, 2024 at 9:00 AM

EDP Renováveis (EDPR) unveiled a 202-megawatt (MW) solar energy park in central Portugal, marking its largest such facility in Europe, according to parent company EDP (Energias de Portugal).

Situated in the municipalities of Alenquer and Azambuja, north of Lisbon, the Cerca project boasts over 310,000 solar panels and is projected to generate an estimated 330 gigawatt-hours (GWh) annually. This output is sufficient to power 100,000 households or approximately 1% of Portugal's population.

EDP Renováveis presently operates solar capacities totaling 540 MW in Portugal and has announced plans to launch a 1 GW renewable energy project in the country by 2026.

Duarte Bello, a board member of EDP Renováveis responsible for Europe and Latin America, expressed the company's commitment to exploring new solar initiatives that will significantly contribute to the energy transition.

Intending to direct half of its global investments into solar energy by 2026, EDP has ramped up its investment in solar projects worldwide.

Companies from Romania to access over €800 million of funds for green energy investments

More than €800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks.

Finance

EBRD invests €35 million in first green bond issued by Erste Croatia

EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.

Environment

ALRO invests €2.5 million in heat treatment furnace to reduce CO2 emissions

ALRO has purchased an aluminium aging furnace with electric heating from SECO/WARWICk.

Energy

Oradea builds photovoltaic park with European funds

Eight companies or associations of companies have submitted bids for the construction of the photovoltaic park next to the Multipurpose Hall Oradea Arena.

Mobility

Arctic introduces 100% electric utility vehicles to its fleet

The initiative is part of the company's sustainability strategy and a first step in the transition to a green fleet.

Environment

Romania ranks last in EU for municipal waste production and recycling

In 2022, Romanians were in last place in the European Union in terms of municipal waste production and recycling, according to data published by Eurostat.

Industry

ROCA Investments to expand solar power capacity across all locations

Reducing carbon emissions and increasing the share of renewable energy and the development are the objectives of Roca's sustainability strategy for 2024.