The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
The European Bank for Reconstruction and Development (EBRD) provided a loan of €100 million to the distribution subsidiaries of Public Power Corporation SA.
Renewable energy production in Italy surged by 27.3% in the first half of 2024 compared to the same period in 2023.
A significant majority of people worldwide want their countries to switch to clean energy as quickly as possible to combat the climate crisis.
Minister of Energy has signed 24 financing contracts aimed at supporting investments in new electricity production capacities from renewable sources.
Electrica has completed the acquisition of the project company New Trend Energy having as its main object of activity the generation of energy from photovoltaic sources.
The European Commission has approved a Bulgarian scheme to provide €142.1 million to support the country's energy sector.
Restart Energy has completed the construction and installation of a photovoltaic project for Dip&Gip, totaling more than €200,000.
Nala Renewables has announced an agreement with Monsson, to acquire a 61 MWp solar photovoltaic (PV) project in Western Romania.
Amazon achieved a milestone in 2023 by matching all electricity consumed by its operations, including data centers, with 100% renewable energy.
Hidroelectrica signed the contract for the modernization of the Vidraru Hydropower Plant, a project of strategic importance for the National Energy System (SEN).
The EU aims to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050.
With heatwaves and constant increases in energy prices, more Romanians are seeking ways to lower costs and alleviate concerns about energy bills.
European Energy has secured grid connection approvals for approximately 500 MW of solar and wind energy projects across Romania.
Rezolv Energy has signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert.
Restart Energy announced the completion of a 160 kW photovoltaic (PV) installation for guest house operator Nobilia Class in Romania.
Shikun & Binui Energy has secured a €49 million loan from the Raiffeisen Group for the Simleu Silvaniei Project, a 101 MW photovoltaic facility located in northwest Romania.
Entek acquired two Romanian companies owning the rights, some of which are in the application process, to a 214.26 MWdc solar power project under development,
Clean electricity generation in Europe reached unprecedented levels. In the first half of 2024, renewables accounted for over 50% of total power generation.
Hidroelectrica has inaugurated the Microcentrala (MHC) Poiana Ruscă, marking the completion of its first investment project with external financing.
In 2023, renewable energy emerged as the leading source of electricity in the EU, accounting for 44.7% of total electricity production.
BayWa r.e., the Romanian unit of a prominent German renewable energy developer, has acquired a photovoltaic (PV) plant situated in Constanta County.
Rompetrol Rafinare has upgraded the Hydrogen Power Plant (HPP) at the Petromidia refinery with an investment of nearly €9.1 million.
Investments in renewable energy remain below the level needed to meet COP28's goal of tripling green energy capacity by 2030.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
