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.
The European Bank for Reconstruction and Development (EBRD) extended an €80 million portfolio risk-sharing guarantee to BNP Paribas Bank Polska (BNPPBP), to help increase access to green finance in Poland.
Energa Green Development has acquired the PV Serby project, one of the largest planned solar farms in Poland, with a projected capacity of 112 MW.
ORLEN Venture Capital (ORLEN VC) has invested in Hystar, a Norwegian company specializing in high-efficiency proton-exchange membrane (PEM) electrolysers for large-scale, zero-emission hydrogen production.
Allview Solar Energy, the renewable energy division of Visual Fan S.A., has signed a contract with Prodlacta S.A.
The joint venture partners behind the project – Equinor, the international energy company headquartered in Norway, and Polenergia have made their final investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind farms, paving the way for full-scale construction.
