Latest news

Wednesday, 26 June, 2024

08:00

FF Ventures plans to develop 500 MW of solar projects in Romania

FF Ventures has entered the Romanian market and plans to develop 500 MW of solar projects and 500 MW of energy storage projects over the next three years.

Tuesday, 25 June, 2024

10:00

PepsiCo releases its 2023 sustainability report

PepsiCo achieved several goals ahead of schedule, introduced new targets, and made significant strides in others, although challenges remain, particularly in packaging initiatives.

10:00

EU invests nearly €3 billion in cleaner energy systems

The European Union has allocated €2.967 billion through the Modernisation Fund to support 39 energy projects across 10 EU Member States.

08:31

Record investments fall short of global renewable energy target by 2030

Investments in renewable energy remain below the level needed to meet COP28's goal of tripling green energy capacity by 2030.

Monday, 24 June, 2024

11:00

Four countries from Europe lead the way in the energy transition

However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.

10:00

Banca Transilvania provides €10 million in green funding for Quartier Azuga

Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.

08:30

Econergy sells major solar project in Romania

Econergy has signed an agreement to sell its Niculești solar project to Enspire Enerji, investment branch of Turkey-based Entek Elektrik.

Friday, 21 June, 2024

11:00

Genesis Property uses 100% renewable electricity for its portfolio

Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.

10:00

EU approves €3 billion German Aid for hydrogen network

The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network.

09:00

EU launches first net-zero academy to upskill solar workforce

The European Commission has launched the European Solar Academy, the first in a series of EU Academies to be set up under the Net-Zero Industry Act (NZIA).

08:00

Solar power supplies one-fifth of global electricity

Ember estimates that 20% of global electricity generation across midday peaks on the solstice today will come from solar and in the entire month of June.

Thursday, 20 June, 2024

16:00

Rezolv and Deutsche Telekom sign 12-year clean power deal for 100 GWh

This partnership involves virtual Power Purchase Agreements (vPPAs) for clean power generated by Rezolv's impressive Vifor wind farm in Romania.

14:00

Romania's Deposit Return System delivers 29,000 tonnes for recycling

RetuRO, the Deposit Return System administrator, reported that in the first six months of the program's operation, it handed over 29,000 tonnes of DRS packaging to recyclers.

08:04

OMV Petrom aims for a significant boost in clean energy by 2030

OMV Petrom announced a revision of their 2030 strategy, focusing on a bigger push for renewable energy, sustainable fuels, and making electric vehicles more accessible.

Wednesday, 19 June, 2024

10:00

EU invests in green energy in Western Balkans and Eastern Neighbourhood

The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.

09:00

Henkel to reduce carbon dioxide emissions by 100 million metric tons by 2025

Henkel announced that the company aims to reduce carbon dioxide emissions from its business by 100 million metric tons between 2016 and 2025.

08:00

DRI acquires its third photovoltaic park in Romania

DRI continues its investments in Romania with the acquisition of a 126 MW photovoltaic park in Văcărești, Dâmbovița county.

Tuesday, 18 June, 2024

09:30

Erste Group, UniCredit and BERD lend €291 million for wind park project in Romania

The new wind park will in its first phase provide about 192 MW in capacity, which will be expanded to about 461 MW in the second phase.

08:00

Premier Energy signs the development of two PV projects in Romania

Premier Energy signed the development of two photovoltaic projects with a combined capacity of 86 MW and 18 MW of storage capabilities.

07:00

OMV Petrom to invest €2 billion by 2030 in Petrobrazi refinery

The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.

Monday, 17 June, 2024

12:00

Romanian breweries prioritize transitioning to renewable energy sources

Romanian brewing companies have invested in advanced wastewater treatment plants to treat and reuse water and reduce the pollution load on local water bodies.

09:00

EBRD boosts Eastern Europe's EV charge with €15 million investment

EBRD will invest €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania, and Romania.

08:00

IFC provides financing for a wind power plant in Romania

IFC provided long-term debt financing for the 461-megawatt (MW) Vifor Wind Power Plant, to boost the supply of competitively priced renewable energy in Romania.

07:04

Strabag Romania launches its sustainability initiative

This campaign reflects their commitment to achieving climate neutrality across their entire business by 2040.

Saturday, 15 June, 2024

09:00

UniCredit leads financing for 461 MW Romanian wind farm

The project is located in Buzău County and the first phase, which will last until 2025, will see the installation of 30 Vestas wind turbines.

Friday, 14 June, 2024

09:00

EBRD lends €32 million for construction wind farm in Romania

EBRD will lend €32 million, as part of a €291 million financing package, to build and operate a 192 MW onshore wind farm in Romania.

08:00

2023 data shows a surge in Europe's solar battery storage market by 94%

In 2023, the equivalent of 1.7 million more European homes became solar battery-powered.

07:00

EBRD launches joint venture to boost Ukraine's renewable energy sector

EBRD is financing the first private energy deal led by a foreign investor to add renewable generation capacity in Ukraine since February 2022.

Thursday, 13 June, 2024

09:00

EC imposes higher tariffs on Chinese battery electric vehicles

The European Commission announced that it would apply additional tariffs of up to 38.1% on imported Chinese electric vehicles from next month.

08:00

Eurowind Energy receives construction permit for Frumusita wind farm

Eurowind Energy announced that it has obtained the construction permit for the Frumusița wind farm in Galati County.

07:00

Engie Romania launches the Sustainable Prosumer Guide

Engie Romania, together with EFdeN, launched the Sustainable Prosumer Guide, a set of recommendations for becoming a sustainable prosumer.

Wednesday, 12 June, 2024

10:00

McDonald's Romania launches its Sustainability Report for 2023

Premier Restaurants Romania, the operator of the McDonald's restaurant chain in Romania, has published its sustainability report for the year 2023.

09:20

OMV Petrom Romania to invest €750 million at Petrobrazi

OMV Petrom will invest approximately €750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.

09:00

Visual Fan signs contract for 1 MWp solar park contract

Visual Fan in association with Waldevar Energy, announced the signing of a contract with Rondocarton S.R.L. for the implementation of a 1 MWp Full EPC project.

08:00

Sales of electric buses surpasses diesel buses for the first time in the EU

Battery-electric buses reached 36% of new city bus sales in 2023 in the EU, overtaking diesel as the main bus fuel type for the first time.

Tuesday, 11 June, 2024

09:00

Electric vehicles drive down CO2 emissions of new cars in Europe

Average CO2 emissions from all new cars registered in Europe in 2023 continued to decrease and were 1.4% lower than in 2022.

08:00

Nuclearelectrica begins construction of Europe's First Tritium removal facility

Nuclearelectrica and Korea Hydro & Nuclear Power (KHNP) announced the commencement of construction for Europe's first tritium removal facility at the Cernavoda Nuclear Power Plant.

07:00

EEA: Air improving in Europe, but pollution remains a concern

Europe's air quality improved but EU standards are still not met across Europe, the European Environment Agency (EEA) analysis shows.

Monday, 10 June, 2024

17:00

Romanian Energy Ministry signs 14 PV panel financing contracts

Energy Minister Sebastian Burduja has signed 14 financing contracts for photovoltaic panels for municipalities and public institutions.

09:00

North America surges ahead of Europe in EV investment race

North America has signifincatly outplaced Europe in attracting investments in electric vehicle (EV) production battery production and charging infrastructure.

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CEE PROPERTY FORUM & AWARDS GALA 2024 - VIENNA, AUSTRIA

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