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.
Romania's "Photovoltaic Green House" program is to have a budget of €402 million in 2024.
Romania had 110,355 prosumers by the end of 2023, with an installed capacity of 1,442 MW.
Renovatio is set to finalize the photovoltaic project at Electrocentrale Borzesti by the end of April 2024, with a planned installed capacity of 50 MW.
The overarching goal is for Hidroelectrica to emerge as a leading force and pivotal player in Romania's energy transition.
These contracts have been signed with the Ministry of Energy and involve a maximum funding of €50 million, while the total investment is around €140 million.
Romania has had the opportunity to solidify its energy independence and transition into a net energy exporter.
Swiss solar energy firm Meyer Burger announced the closing of its photovoltaic plant near Dresden in eastern Germany.
This is a first step, as the ultimate goal is to transform the plant into a zero-energy and zero-greenhouse gas emission platform.
This investment is crucial for mitigating environmental impacts and facilitating the transition to a sustainable energy framework.
Wind and hydropower collectively accounted for over two-thirds of the total renewable electricity generated (37.5% and 29.9% respectively).
These funds are allocated for grid expansion and modernization projects valued at a total of €645.7 million.
BayWa r.e. is set to acquire the Poarta Albă solar park project in Romania in 2024, originally developed by HVAC Systems.
The project implementation period is 12 months, from December 2023 to December 2024.
This highlights a significant shift in the company's strategy, moving towards clean and sustainable energy sources.
Targoviste City Hall will build a photovoltaic park by December 2026 with European money on an area of 50,000 square meters.
Hidroelectrica completed the modernization of ten 110kV electrical stations in SH Hateg.
They are located in the Muntenia area, at a maximum distance of 80 kilometres from the Bucharest.
Waldevar Energy contracted a total of 481 MW in photovoltaic projects across Romania during 2023.
Eight companies or associations of companies have submitted bids for the construction of the photovoltaic park next to the Multipurpose Hall Oradea Arena.
The total amount exceeds €278 MILLION.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
