The market for batteries to store energy produced from the use of photovoltaic panels could grow by 25% per year until 2030, from €40 million in 2022.
Companies in Romania can reduce costs related to environmental obligations by 50%, but many have a harder time complying with the legislation, according to Green Environment Support.
The mayors of 16 communes in Dâmbovița County signed 17 financing contracts through which they will modernize the public lighting system in their localities.
Brasov city hall obtained almost RON 6 million (€1.2 million) non-refundable, from the Environmental Fund Administration (AFM), for the modernization of the lighting system.
Romania requests, through the RePowerEU mechanism, substantial European funds for subsidizing the installation of photovoltaic panels for natural persons. It is about €400 million, the amount that could be included in some kind of complementary program to the program of the Environmental Fund Administration for the installation of photovoltaic panels on residential homes.
The Romanian government approved the de minimis aid scheme for the construction of waste recycling facilities. The budget of the de minimis aid scheme is €26 million. The de minimis aid is valid until the end of this year.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
