Nofar Energy will build an even larger facility. The company has signed a turnkey contract, including operation and maintenance services, for a 265 MW solar power plant in Corbii Mari, Dâmboviţa County.
Nofar Energy has acquired 100% of the shares in Aviv Renewable Investment. This project company is currently developing a 160 MW photovoltaic park in Giurgiu County.
Real estate developer Portland Trust has sold a photovoltaic project in Dâmbovița County, which occupies an area of 290 hectares and could power a city the size of Brăila.
In Rătești commune, Argeș County, the largest photovoltaic park in South-Eastern Europe was inaugurated and will be connected in the next period.
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.
