Polish photovoltaic developer R.Power has sold a 49.9% stake in two of its special purpose vehicles (SPVs), responsible for developing a solar portfolio with a total capacity of 91.6 MWp, to an undisclosed financial investor.
R.Power Group, one of Europe's leading renewable energy companies, has secured a €12.4 million project finance agreement with Bank Gospodarstwa Krajowego (the Polish National Development Bank).
Polish solar developer R.Power has secured €12.4 million in project financing to support the development of its first solar projects in Romania, targeting a combined capacity of 23 MWp.
Polish solar developer R.Power has signed a long-term power purchase agreement (PPA) to supply around 240 GWh of solar energy to local telecom operator Play.
Power, one of the largest independent renewable energy producers in Europe, has announced its first international project finance agreement with CaixaBank, S.A. and Banco BPI, totaling €38.6 million.
Polish solar developer R.Power Renewables announced that it is on track to develop a 100-MWp portfolio of solar farms in Portugal, with 50 MWp already operational across eight sites.
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).
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.
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.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.