Only one in ten individuals who installed photovoltaic systems in the first ten months of the year also opted for an energy storage solution.
The European Commission has approved a €590 million state aid scheme in Bulgaria to support investments in energy storage facilities, accelerating the country's transition to a net-zero economy.
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.
Lockheed Martin and Romanian company Sinteza have signed a letter of intent to build a €50 million GridStar Flow battery factory in Oradea.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.
The International Energy Agency (IEA) has released its October 2024 report, outlining a promising future for photovoltaic (PV) solar energy.
The European Commission has endorsed a positive preliminary assessment of Poland's payment request for the second and third instalments for €9.4 billion.
OMV Petrom has initiated construction on its largest solar project in Romania.
Following the energy price shocks of the past years, electricity and gas remain expensive for both households and businesses.
Israeli IPP Econergy Renewable Energy has secured €33 million in financing from PKO Bank Polski for its 52 MW Resko solar park in Poland.
IEA's latest monitor shows wide variations in clean energy deployment among regions and technologies amid increased manufacturing capacity and declining costs.
Polish renewable energy company Grenevia has secured a significant loan from the Polish Development Fund to fuel its solar energy expansion.
Cellnex and Elawan Energy have signed a Power Purchase Agreement (PPA) for the supply of renewable electricity.
Sonnedix, a global independent solar power producer, has officially opened a 21MW solar cluster in the Podlasie region of north-east Poland.
The Nokian Tyres factory in Oradea will build a photovoltaic park for its energy consumption and is inviting specialized firms to submit their bids by November 1, 2024.
The European Commission has approved, under EU State aid rules, a €128 million Swedish measure to support SSAB in decarbonizing its steel production.
Electrica, a Romanian state-owned utility, has secured a €3.4 million grant from the National Recovery and Resilience Plan to fund a new energy storage project.
Last year, there was the highest-ever increase in renewable energy jobs, with an 18% annual rise, a new report says.
The European Commission has approved two Luxembourgish schemes with a total budget of €520 million to help manufacturing companies decarbonize their production processes.
Restart Energy has completed the implementation of a photovoltaic project for Fileca Industry worth more than 300,000 euros.
Jantzen Renewables, a leading renewable energy developer, announced the appointment of Razvan Popa as its new Chief Executive Officer.
Polenergia has acquired an additional 40% of the project company Naxxar Wind Farm Four SRL (NX4).
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).
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.
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.
