The investment initiative primarily involves the installation of photovoltaic plants and storage facilities across 29 electrical energy stations.
Romania has developed its strategic document in response to the EU Hydrogen Strategy.
Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
The two companies installed a 1,409 KW solar system at Shopping City Piatra Neamţ and a 450 KW solar system at Selgros Craiova last year.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
This observation illustrates that the wind resource is very stable from one year to another at a global scale whereas, the annual production can vary within a 25 % range.
This trend suggests a growing interest among Romanians and companies in adopting this energy efficiency measure.
Antibiotice Iasi has inaugurated a 2.5 MW photovoltaic facility, a project funded by the Romanian Recovery and Resilience Plan (RRP).
Public Power Corp (PPC), based in Greece, has completed the acquisition of the 84 MW wind farm owned by Lukoil in Romania.
Simtel Team has obtained non-refundable financing of €12.2 million for the construction of the Giurgiu photovoltaic power plant.
Copenhagen Airport has achieved a significant milestone by installing a large battery for storing green power, making it one of the pioneering airports in Europe to do so.
TotalEnergies announced that it has surpassed the milestone of 1.5 gigawatts (GW) of signed renewable Power Purchase Agreements (PPAs).
EDP Renováveis (EDPR) unveiled a 202-megawatt (MW) solar energy park in central Portugal, marking its largest such facility in Europe.
Romgaz announced the intention to expand its renewable energy portfolio by acquiring photovoltaic parks and wind farms, each with a capacity ranging from 35 to 100 MW.
Romania will launch its first auction of renewable energy projects under a contract-for-difference (CfD) scheme recently approved by the European Commission.
Romania's Ministry of Environment, Water and Forests launched a program dedicated to installing photovoltaic panels for churches.
The investment is worth nearly €7.04 million of which approximately €1.5 million are non-reimbursable funds from the National Recovery and Resilience Plan (PNRR).
The photovoltaic plants will have a total installed capacity of 1.15 MWp and are implemented in two locations of a renowned hypermarket in Romania, Baia Mare and Satu Mare.
The EU is making significant strides toward achieving its wind energy target for 2030, largely attributed to improvements in permitting processes and increased investments.
EBRD and French asset manager Eiffel Investment Group supported solar energy development in Poland.
The European Union announced that it cannot afford to restrict the import of photovoltaic panels despite challenges faced by European producers in the industry.
The company Teiuș.Solar, part of the Danish group Eurowind Energy, announced the launch of the project Teiuș Photovoltaic Park.
Construction will start in the first part of 2024, with the aim for the wind farm to become operational by the end of 2025.
The construction of a photovoltaic park in Brodoc is envisioned, covering an area of 30 hectares, with an expected annual output of approximately 2,357 MW/h.
Poland has announced that its first offshore wind auction will take place in December 2025, aiming to award contracts for up to 4 GW of new capacity. I
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.
Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.
The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.
Cristian Barbu, a pioneer in Romania's renewable energy sector, is returning with a new focus: energy storage.
