Romanians' interest in green energy solutions, such as installing solar panels, is on the rise in early 2024 compared to the beginning of 2023.
Eurowind Energy secures a €65.33 million credit facility from BCR and Erste Group for the construction of the wind farm in Pecineaga.
Nordic Group will invest €250,000 to equip two warehouses totaling 3,700 square meters, located in the counties of Giurgiu and Timis.
Hidroelectrica announced that it has signed an extension of the collaboration agreement with Masdar to develop onshore and floating photovoltaic solar projects,
Visual Fan announced the completion of a new photovoltaic project. This consisted of designing and implementing five photovoltaic plants with a total capacity of 1.3 MW.
Romanian engineering and technology company Simtel Team, along with another independent company, will develop a photovoltaic power plant in Satu Mare.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
The European Union has initiated an investigation into Chinese wind turbine companies for subsidies.
This capacity is part of the first hybrid photovoltaic wind-battery project installed within the Mireasa Wind Farm.
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.
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).
