Energy | 22 April, 2025 at 6:25 PM
Eximprod completes 50 MW solar park
Eximprod Group has finalized the construction of a 50 MW photovoltaic park in Ciorani, Prahova County.
Eximprod Group has finalized the construction of a 50 MW photovoltaic park in Ciorani, Prahova County.
Romanian engineering and technology company Simtel has secured two financing agreements from Banca Transilvania to support the completion of its photovoltaic park in Giurgiu.
Eurowind Energy's 60.2 MW solar park in Transylvania will become operational by the end of April.
OMV Petrom, in partnership with Complexul Energetic Oltenia (CE Oltenia), announced the signing of the design and execution contracts for four photovoltaic parks.
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.
Romania reached a landmark moment in its energy sector, with wind power generating over 30% of the nation's total electricity consumption—an achievement the authorities have described as symbolic.
Verbund Wind Power Romania has acquired a fully developed wind energy project from Monsson, a multinational group specializing in wind, solar, energy storage, and green hydrogen solutions.
TenarisSilcotub has finalized its first renewable energy project with the completion of a 20 MW solar park, developed through an investment of €20 million.
EBRD will extend a regional loan of up to €120 million to AFI Europe (AFI) to support the company's ongoing development projects in Serbia, Poland, Romania, and Czechia.
EBRD advances the broader use of innovative financial instruments in Romania by signing a synthetic securitisation deal with UniCredit Bank S.A. (UniCredit Bank)
Eurowind Energy and Autoliv, a global leader in automotive safety systems, have signed a 12-year Power Purchase Agreement (PPA) in Romania.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
The project for new renewable energy production capacities, submitted by the Hunedoara County Council and the Petrila City Hall, has been approved for funding by the Ministry of Energy.
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.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Romanian tech and engineering firm Simtel Team has signed a ten-year Power Purchase Agreement (PPA) to supply approximately 736 GWh of green electricity to its subsidiary, energy supplier GES Furnizare.
Hidroelectrica has completed maintenance on hydroaggregate no. 1 (HA1) at the Porțile de Fier I Hydroelectric Power Plant.
With electricity prices set to surge from July 1, Romanians are scrambling for solutions to avoid skyrocketing bills.
OMV Petrom has officially started construction on a new facility for producing sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.
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.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
