The potential of the green energy market (solar panels, heat pumps, insulation) is estimated at over €30 billion by the year 2040. The consulting company McKinsey & Company Romania shows that Romania's transition to green energy represents a financing opportunity for banks of €20 billion.
Greece and Egypt are discussing a partnership through which the import of electricity obtained from renewable sources in Europe will be carried out through the GREGY project. GREGY will enable the supply of 3,000 MW of green energy from Egypt to Greece. The project received a vote of confidence from the governments of the countries involved.
Poland-based Keno enters the Romanian market with solar systems, installation, and heat pumps. The company is already present in Germany, Great Britain, Norway, Poland, Hungary, and the Czech Republic, specializing in the production of solar panels, heat pumps, switchboards, and mounting systems.
The online store of security products Atu Tech triples its investments in photovoltaic systems, to over €1 million, and estimates that sales of such products will generate 15% of the total turnover. The company lists more than 600 products in the photovoltaic systems category, which covers a broad spectrum of demand, and shows that it decided to make such an investment due to the high demand for photovoltaic systems.
Photon Energy Group put into operation three photovoltaic power plants near Calafat, in Dolj County. The solar parks cover 10.2 hectares of land and are equipped with approximately 10,800 solar panels.
OMV Petrom has reduced carbon intensity by 11% compared to 2019 and its overarching ambition is to achieve a 30% reduction by 2030 compared to 2019. OMV Petrom is planning to have photovoltaic panels installed in 50% of the group filling station network by 2025.
Wetterbest is expanding its product portfolio with photovoltaic plants for the residential segment, autonomy in electricity consumption, and even energy independence. The company has three types of photovoltaic systems: on-grid, hybrid, and off-grid.
Sunflower Hundred invests over €100 million in a solar panel factory in Dâmbovița. The factory will be partially built with European funds, and production could start by the end of 2025. The solar panels will have a maximum power of 600 and 410 W, respectively.
The Arabs from Masdar want to do 2,000 MW green projects with the state company Hidroelectrica. The investments would exceed €2 billion and include offshore wind and floating solar.
Schools, hospitals, public lighting, and local administration could be supplied with green energy from a photovoltaic park. The proposal belongs to the president of the Prahova County Council, Iulian Dumitrescu, who asked the Minister of Investments and European Projects, Marcel Boloș, to allocate European funds for the construction of a photovoltaic park.
Restart Energy installed an 800 kW photovoltaic system for Rekord, a shoe manufacturer from Alba. The company will install another 300 kW for the same company. The company will eventually cover 80% of its own energy consumption.
Delgaz Grid begins, in the Mediaș training ground, the tests within the 20HyGrid project, through which it aims to validate the use of the technological solution based on the mixture of 23% hydrogen with natural gas. The company shows that Romania has the remarkable potential both in terms of the production of green hydrogen, but also in terms of the production of renewable energy from which green hydrogen is produced.
At least 10,000 photovoltaic systems could be installed every month in Romania, says the Minister of Environment, Water and Forests, Tanczos Barna. In Romania, 3 million houses are registered. According to the minister, the issue of smart meters is a challenge, because it happened that inappropriate meters were ordered.
Complexul Energetic Oltenia announces that it has complied with its compliance obligations and purchased all CO2 certificates for last year's electricity production. The deadline for compliance was April 30.
In 2021, the source that contributed the most to the EU's primary energy production was renewable energy, respectively 41% of the total energy production in the European Union. In the case of Romania, the main sources of energy in 2021 were natural gas (32.3%), renewable energy (26.7%), solid fuels (14.5%), crude oil (14.1%), and nuclear energy (12.5%).
Simtel Team wants to access credits of €100 million for photovoltaic plants with a total capacity of over 100 MWp. The decision will be approved in the General Meeting of Shareholders on April 26.
Wind and solar energy reached a record high of 12% of global electricity generation in 2022. All renewable energy sources, including nuclear power, comprised 39% of global electricity last year. Meanwhile, EU countries are lagging behind with wind power expansion.
The company Eco Partnersheep Insulation SRL, belonging to investors from Olt county, will invest over RON182 million (€36.4 million) in the largest wool processing factory in Europe. This will produce sound- and thermal-insulating wool products and will contribute to reducing the negative effects of climate change.
The Romanian Football Federation (FRF) is installing €400,000 in solar panels. This investment will contribute to increasing energy efficiency. FRF wants to contribute to the reduction of direct and indirect carbon emissions at the events we organize by up to 50% by 2030.
Several Romanian companies receive money from the state through PNRR for green hydrogen production. The Ministry of Energy signed financing contracts for 7 projects to build green hydrogen production capacities.
The Danish company FirstFarms announces investments in Romania both in the agricultural area and in the area of green energy production. The company installed photovoltaics in one of its warehouses in Romania, to ensure its consumption, and plans to increase its installed capacity to be able to sell the energy. The company also opened a new silo in Slovakia, where it also bought a biogas plant.
The Electromontaj Group announces the start of the partnership with DTEK Renewables International & Moldova Eolian, part of the DTEK energy and utilities group, owned by Rinat Akhmetov, the richest Ukrainian, for the implementation of the wind farm in Ruginoasa commune, Iasi county, worth €90 million, Iasi county. After winning the tender, Electromontaj signed the contract for the design and construction of the infrastructure for the largest wind farm in the Moldova region, with an installed power of 60 MW.
Romanian state-owned company Hidroelectrica is focused on the development of energy production projects exclusively from renewable sources, says Bogdan Badea, CEO of Hidroelectrica. He talked to Green Forum about its plans for this year regarding sustainability and the social responsibility projects that the company is involved in.
The city of Oradea will have a photovoltaic park with over 15,000 panels. More than €16 million from European funds will be invested in this sustainable project. The photovoltaic park will be able to be managed remotely.
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.
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.
