Regulation | 10 April, 2024 at 8:30 AM
Romania approves offshore wind farm installations
Through the bill voted today, Romania has taken an important step towards promoting renewable energy in the country.
Through the bill voted today, Romania has taken an important step towards promoting renewable energy in the country.
BRD Groupe Societe Generale and IFC, a World Bank Group member, have finalized a synthetic significant risk transfer (SRT) deal.
Public Power Corp (PPC), based in Greece, has completed the acquisition of the 84 MW wind farm owned by Lukoil in Romania.
Romania will launch its first auction of renewable energy projects under a contract-for-difference (CfD) scheme recently approved by the European Commission.
The European Commission has approved Romania's allocation of a €3 billion aid scheme to support installations producing onshore wind and photovoltaic solar energy.
This initiative aims to enhance accessibility to top-tier logistics infrastructure in both nations while contributing to Europe's transition towards sustainability.
Over 18 million packages have been collected in February through the Deposit-Return System.
Romania has had the opportunity to solidify its energy independence and transition into a net energy exporter.
At the top of the ranking are Finland, Portugal, and France. Meanwhile, Hungary was named the worst country in the EU for gender equality in the workplace.
The total value of the €4 billion bond issuance had a final subscription of over €14.8 billion.
In 2022, Romanians were in last place in the European Union in terms of municipal waste production and recycling, according to data published by Eurostat.
The European Commission decided to send a reasoned opinion to Romania for failing to fully comply with the Landfill Directive and the Waste Framework Directive.
DTEK Renewables International announced that it is investing in a new project in Romania, a solar park in Glodeni in Mures County.
In 2022, the share of renewables in transport reached 9.6% at the EU level.
Libra Internet Bank provided financing of €17.2 million for a green energy project in Mureș County.
More than 25 million forest saplings were planted in state forests, thus regenerating 14,368 hectares, according to data from the National Forestry Agency (RNP) - Romsilva.
The first 9,566 Romanians who signed up for the Green House Program can start installing photovoltaic panels.
Eldrive Holding plans to invest approximately €146 million in the installation of 4,376 new charging stations for electric cars in Romania, 2,575 in Lithuania, and 1,530 in Bulgaria.
The Spanish-based company Genia Bioenergy is building a biogas cogeneration facility in the Seleus locality of Arad County.
Grunman Energy, the company in the field of renewable energy production controlled by the Pavăl brothers, owners of Dedeman, has received a capital infusion from the parent company.
Speakers of the panel on best practices at Romania ESG Forum 2024 opened a discussion revolving around ESG investing and decarbonization strategies.
The European Bank for Reconstruction and Development (EBRD) is extending a loan exceeding €46 million as part of a broader financing package totaling €93 million.
The European Commission initiated a third call for proposals totaling €90 million under the European Urban Initiative.
Lidl Romania organized the tenth national food collection drive to support disadvantaged communities during the Easter holidays.
Addressing climate change is a fundamental aspect of our long-term growth strategy and our commitment to achieving net-zero emissions across all our operations by 2050.
