Poland, aiming to reduce its reliance on coal, has selected Westinghouse Electric to build its first nuclear plant on the Baltic Sea coast, although financing details are still being finalized.
In 2023, Poland approved the construction of 24 small modular reactor (SMR) units across six sites, according to Orlen Synthos Green Energy (OSGE), a joint venture between Poland's largest refiner, Orlen PKN, and chemical company Synthos.
Swedish fashion retailer H&M Group has entered a solar power purchase agreement (PPA) with Polish solar energy developer R.Power SA.
The General Authority for Investment (GAFI) in Egypt has commissioned Polish energy company Hynfra to construct a green ammonia production facility.
SPIE Energotest has developed an innovative ECONTROLplus system that enables comprehensive management and optimisation of Renewable Energy Sources (RES) installations, increasing their efficiency and reliability.
Poland has committed €640 million from its National Recovery and Resilience Plan (KPO) to advance hydrogen technologies, marking a major step toward a greener economy.
The European Investment Bank Group (EIBG) signed its first synthetic securitization transaction backed by solar panel loans to private individuals in Poland with Inbank.
Danske Commodities has entered trading and balancing agreements for the Polish offshore wind projects Bałtyk 2 and 3, marking its largest renewables deal to date.
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).
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.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
