The production of green energy must increase eight times, to achieve global climate neutrality by 2050, according to a PwC analysis.
nextE, a renewable energy company operating as an Independent Power Producer (IPP), announced the continuation of its investment and development plans that confirm its vision of energy as a service - Energy as a Service (EaaS).
The companies part of the Orange Romania Group buy renewable energy from Engie Romania.
The natural gas producer Romgaz intends to connect a 40 MW photovoltaic park, located in Mureș County, to the electricity grid, according to an announcement published in the Electronic Public Procurement System.
PAD RES, a leading Polish developer in the clean energy sector, has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 million (€54 million).
Visual Fan, the company that owns the Allview brand, announced the start of the construction project of two photovoltaic plants with a total power of 799.5 kWp, for the Arad Water Company.
Restart Energy has completed the implementation of a photovoltaic panel system, worth over €340,000, for Cotnari, a wine producer.
Montenegro's Agenos Energy plans to build a 100 MW solar plant in the southern municipality of Niksic.
The first wind power projects could be installed in the Black Sea in 2027-2028, said the Minister of Energy, Sebastian Burduja.
Romanians will have €1.1 billion available for photovoltaic panels and the energy efficiency of homes.
Compania Națională Aeroporturi Bucharest (CNAB) is running energy efficiency projects that add up to savings of around 4,307 MWh/year.
DTEK Renewables, a company owned by Ukrainian billionaire Rinat Ahmetov, installed the largest wind turbine in Romania, in Ruginoasa.
The village of Dârlos in Sibiu County will be the first town in Romania where methane gas will "lose ground" to hydrogen.
The energy company MET Group, based in Switzerland, is expanding its European portfolio and announcing its entry into the segment of energy production from renewable sources in Germany.
The Săcueni Biogas plant in Bihor County will be leased to private operators.
The new Doicești - Șotânga photovoltaic park with an installed capacity of 80 MW has been commissioned.
Enel Green Power România, Enel Group's renewable energy business line in Romania, has commissioned Lumina photovoltaic park in Călugăreni, Giurgiu County, and completed its takeover from Mytilineos.
Renewable energy projects with a total capacity of 10,509 MW could be commissioned in the next period.
SOCAR Türkiye Research & Development and Innovation, and Technip Energies will cooperate on the production of jet fuel from microalgae, Azernews reports.
Rompetrol has published its 2022 Sustainability Report, marking a decade of transparent reporting in accordance with the GRI international standards.
The Minister of Energy, Sebastian Burduja, announced that Romania has an ambitious investment plan until 2030, mainly 7 GW of energy from renewable sources.
Rezolv Energy will develop the largest solar power plant in Bulgaria, right on the border with Romania.
Orange Romania announced the installation of over 200 new solar panels on the roof of the communication interconnection center in Timișoara, in line with the Orange Group's commitment to achieve CO2 neutrality by 2040.
Six Counties in Romania, collectively responsible for 65% of greenhouse gas emissions at the national level, will benefit from non-refundable funds of over €2.2 billion, through the Just Transition Operational Program (POTJ).
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).
