Latest news

14:53

Three Romanian counties to build 227 km of bicycle paths worth €18.7 million

A cycling route that starts from the Apuseni Mountains will connect the Romanian counties of Bihor, Alba and Cluj via bike paths. In this way, 227 kilometers of bicycle paths will be arranged. The estimated total value of the project is €18.7 million, financed by European funds.

12:20

Sibiu County invests €16.8 million in integrated waste management system

The Sibiu County Council will invest RON 84 million without VAT (€16.8 million) in an integrated waste management system in the cities of Avrig, Agnita, Sibiu, Mediaș and Cisnădie. The works must be ready by December 15, 2023.

09:12

Number of registered "ecological" cars increases spectacularly in Romania

The registrations of ecological cars in Romania increased by 61.2% in January, compared to the similar period in 2022. They now have a market share of 22% of the total, according to the Automobile Manufacturers and Importers Association (APIA).

16:13

Romania to introduce law on biomass and renewable energy produced on the Black Sea

Romania will have a law on biomass and a law on renewable energies that can be produced on the Black Sea. The projects are being worked on in the Romanian Senate, which is looking for the best legislation in this regard.

14:12

Romania increases investments in water management

The Romanian Government approved the 2023 revenue and expenditure budget of the "Romanian Waters" National Administration, a budget increased by more than 23% compared to last year for carrying out investments in water management and for carrying out flood protection works.

13:02

Genesis Property announces zero carbon buildings by 2030

Genesis Property, a company that owns, develops and operates of class A office buildings in Romania, announces that is committed to achieving zero carbon emissions for the buildings in its portfolio by 2030.

09:50

EC approves €259 million Romanian scheme to support green transition

The European Commission approves €259 million Romanian scheme under Recovery and Resilience Facility to support investments in batteries, photovoltaic cells and panels.

17:21

Enery Power Holding to acquire an 81 MW renewables portfolio

BCR together with Erste Group arranged senior credit facilities for Enery Power Holding to acquire an 81 MW renewables portfolio.

15:46

CTP organises blood drive in Bucharest

The employees and partners of CTPark Bucharest West, as well as all those who live in the neighboring communities, donated blood in the medical office of the industrial park.

15:17

Changing job titles is not enough, mindsets need to change

Some of the key components of the necessary framework to support sustainability and attract additional investment for companies are transparency, monitoring and reporting, says Ilinka Kajgana, Executive Vice President Risk, Member of the Executive Committee at BCR.

12:53

Enel launches a €1.5 billion Sustainability-Linked Bond

Enel launches a dual-tranche 1.5 billion euro “Sustainability-Linked Bond” in the Eurobond market, the world's first public issuance coupling EU taxonomy with United Nations sustainable development goals, also including full decarbonization targets.

09:47

Energy measures to be added to national recovery plans

The European Parliament has approved including REPowerEU measures in national plans to be more independent from Russian fossil fuels, speed up the green transition and tackle energy poverty.

15:37

EP approves zero CO2 targets for new cars and vans by 2035

The European Parliament has approved the new CO2 emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package.

12:54

First inter-regional electric train to arrive in Romania in July

The first inter-regional electric frame of the 37 to be produced by Alstom for Romania will arrive at the Railway Testing Center in Faurei in July 2023.

10:28

Brașov invests in energy efficiency of buildings and in electric buses

Brașov City Hall has obtained new funding through the National Recovery and Resilience Plan (PNRR) for the purchase of electric buses.

15:46

European Commission sets out rules for renewable hydrogen

European Commission sets out rules for renewable hydrogen. Hydrogen is also a key pillar of the REPowerEU Plan to get rid of Russian fossil fuels.

13:16

PAD RES gets loan for 14 fully merchant solar PV projects

The funds, provided by RGREEN INVEST's short-term senior debt fund INFRABRIDGE III, will be used to support the construction of 14 fully merchant solar PV projects that amount to a total capacity of 76 MWp.

12:58

Timisoara to add selective waste collection islands and parking lots with PV panels

The city of Timisoara in Romania will install 100 islands for the selective collection of waste and build a parking lot with 184 spaces, on which photovoltaic panels will be installed.

09:38

OMV Petrom to install photovoltaic panels on half of its gas stations

The Romanian company OMV Petrom, controlled by the OMV Group from Austria, plans to install photovoltaic panels in half of the gas station network by 2025.

15:57

Lidl opens warehouse in Romania with 2,650 solar panels

Retailer Lidl has opened a logistics warehouse in Romania with 2,650 solar panels, equipped with an electric charging station.

09:29

BRD plans sustainable financing of €1 billion in Romania

BRD announced that the value of new sustainable financing transactions made in 2022 reached €215 million.

08:43

Premier Energy acquires wind farms in Romania for €13 million

The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million.

07:11

Is Hungary really the only country where polluting battery factories are built?

China's CATL is building a factory in the eastern Hungarian city of Debrecen to produce batteries for electric cars, in a plant that will be one of the largest in its category in Europe.

20:54

New buildings in the EU to be zero-emission from 2028

Existing buildings in the European Union should be converted into zero-emission buildings by 2050 and all new buildings should be zero-emission from 2028.

14:15

Romania announces National Air Pollution Control Program

The Romanian government approved the draft decision on the National Air Pollution Control Program.

13:33

Romania is transitioning at fast speed to a greener built environment

During 25 years of activity in Romania, Holcim has managed to decrease CO2 emissions per ton of cementitious material by 25%.

09:32

Romania launches tender to buy hydrogen trains

The Railway Reform Authority (ARF) has published a market consultation notice in SEAP before launching a new tender for the purchase of hydrogen trains.

16:15

New photovoltaic plants of 95 MW approved in Romania

The National Energy Regulatory Authority (ANRE) approved the establishment of new photovoltaic power plants with a cumulative power of 95 MW.

15:19

CE Oltenia gets state aid to buy emission certificates

The Oltenia Energy Complex, one of the largest energy producers in the country, will receive a state aid of €90.5 million.

10:17

EIB supports investments in climate-friendly startups

EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.

14:54

WorldGBC calls for ambitious climate action in the EU

The World Green Building Council (WorldGBC), the coalition representing over 5,000 organizations from across the building value chain, has asked Members of the European Parliament (MEPs) to back amendments to the Energy Performance of Building Directive.

13:32

Speedwell to install PV panels on offices in Romania

Property developer Speedwell says it will be installing photovoltaic panels on two of its office projects in Bucharest and Cluj-Napoca in a bid to make its building more sustainable.

11:11

Electrica acquires company developing photovoltaic project in Vrancea

The energy supplier and distributor Electrica has completed the acquisition of the project company Green Energy Consultancy & Investments, which is developing the Vulturu photovoltaic project, Vrancea county, with an installed capacity of 9,75 MW (evacuating power in the network).

14:56

Europe emerges as the largest producer of green hydrogen

Europe emerges as the largest producer of green hydrogen, the “clean” energy that could transform by 2030 the heavy industry, refinery, aviation, road freight and sea transports.

11:42

Property investments in clean energy accelerate

As the European Union has proposed the move towards zero-emission buildings by 2030, a significant portion of the energy consumption of these projects should be covered by energy from renewable sources.

17:24

MK Group and Alfi Green Energy Fund invest €155 million in Serbian wind farm

Serbian conglomerate MK Group and Slovenian investment fund Alfi Green Energy are investing €155 million in the Krivaca wind farm, in eastern Serbia.

10:46

Europe offsets two thirds of Russian gas supply loss from other sources

Two-thirds of the decline in Russian natural gas supplies has been offset, mainly through increased purchases of liquefied natural gas (LNG) and a greater volume of pipeline gas from Norway, leaving Europe with more gas in storage than it needs to meet its end-of-winter demand.

09:58

Electricity from renewable sources on the rise

In absolute terms, the production of electricity from renewable energy sources increased by almost 5% from 2020 to 2021.

12:40

Coca-Cola HBC, Penny Romania and GreenPoint Management launch information campaign

Coca-Cola HBC, Penny Romania and GreenPoint Management launch the information campaign and separate collection of PET packaging, which brings ECOBONUS to the entire Bucharest community at the beginning of the year.

09:49

Romanian firms lag behind in transparency over ESG reporting

Global ESG Monitor (GEM) reveals that Romanian corporations significantly trail their global peers when it comes to the reporting of non-financial ESG data.

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