Tag: PV plant (7 articles)

Energy   |   22 November, 2023 at 3:31 PM

nextE complets PV power plant for RAAL

nextE, a renewable energy company operating as an Independent Energy Producer (IPP), has announced the completion of a €4.8 million investment in a photovoltaic power plant whose beneficiary is RAAL.

Energy   |   12 October, 2023 at 10:27 AM

FAN Courier invests €1.8 million in PV panel installation

FAN Courier has invested €1.8 million in a photovoltaic panel installation, and the electric vehicles in its fleet will soon be charged with green energy produced "in-house", said Adriana Manu, FAN Marketing & Communication Director Courier, for Economica.net.

Energy   |   29 September, 2023 at 4:13 PM

Vrancart to build 20 MW PV park in Vrancea County

Vrancart, the producer of corrugated cardboard, signed a financing contract with the Ministry of Energy, through the National Recovery and Resilience Plan (PNRR), in order to build a photovoltaic park with a power plant, in the town of Adjud, Vrancea County.

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Industry

Lidl Romania exceeds 2030 sustainability targets early

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.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

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.

Energy

Turkish investors pour millions into Romanian green energy

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.

Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.