RES Terranet Holding SRL is a holding company that invests in several Romanian firms focused on the development, generation, commercialization, supply, and management of renewable energy assets.
Tenersolar Park SRL, Enerintens Solar SRL, and CIL PV Plant SRL specialize in electricity production and are project companies aiming to develop four wind farms and a photovoltaic park in southern Romania.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
OMV Petrom SA has signed a six-year contract with Expur to purchase fully refined vegetable oil, with the option to extend the agreement for an additional two years.
OMV Petrom announced a revision of their 2030 strategy, focusing on a bigger push for renewable energy, sustainable fuels, and making electric vehicles more accessible.
DRI continues its investments in Romania with the acquisition of a 126 MW photovoltaic park in Văcărești, Dâmbovița county.
Premier Energy signed the development of two photovoltaic projects with a combined capacity of 86 MW and 18 MW of storage capabilities.
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
