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CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

Romania allocates €13 million for renewable energy projects

Green Forum

6 August, 2024 at 9:00 AM

Romania's Energy Ministry has allocated €13.38 million in non-refundable Modernisation Fund financing to various universities and municipalities for developing renewable energy sources (RES) and storage capabilities.

The green energy projects funded have a combined planned capacity of 10.29 MW. Energy Minister Sebastian Burduja signed 22 financing contracts with beneficiaries including the West University of Timisoara, "Stefan cel Mare" University of Suceava, the city of Galati, the town of Radauti, Neamt County, and several communes nationwide.

The Modernisation Fund, financed by revenues from the EU's Emissions Trading System auctions, supports ten lower-income EU countries in their transition to climate neutrality.

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EBRD to finance solar power plant in Tunisia

The European Bank for Reconstruction and Development (EBRD) financed a 10 MW solar power plant in the Feriana region, Tunisia.

Energy

Over 46% of homeowners consider energy-efficient heating upgrades

Over 46% of homeowners are considering upgrading their heating systems to more energy-efficient ones, while close to 77% are contemplating investing in renewable energy.

Business

Photon Energy secures €15 million from EBRD for PV park in Romania

EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.

Energy

EC offers guidance to speed up renewable energy

The European Commission has introduced a series of updated recommendations and guidance documents to refine and expedite permitting procedures and auctions for renewables.

Energy

Helios & Wind Energy to build 31 wind turbines in Romania

Helios & Wind Energy has received approval to construct 31 wind turbines with a total capacity of 186 MW/hour in Romania.

Business

Saint-Gobain Romania and OMV Petrom sign green power deal

Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.

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