Eurowind Energy is investing €50 million in the construction of a new solar PV park in Teiuș, Alba County. The PV Park will generate approximately 102.05 GWh annually after becoming operational in 2024, with the capacity to power 30,050 households each year.
By 2050, more than 200 million tons of solar panels will be out of use, according to RESPO DEEE Association data. Solar panels provide green energy and reduce carbon emissions worldwide, but their limited lifespan of up to 25 years is a serious environmental problem.
The Bucharest Transport Company (STB) is launching a tender for the purchase, through operational leasing, of 70 eight-meter electric buses. STB, the main public transport company in Bucharest and Ilfov county, has published an announcement in this regard on the Electronic Public Procurement System. The estimated total value of the contract is €50.48 million.
Transilvania Construcții plans to invest more than €10 million in the generation of green energy across all projects within its portfolio over the next five years. The first project that will produce green energy is TRC Park Cluj, where the estimated investment amounts to almost €1 million.
Egger Romania decided to expand the wood recycling activity, which started in 2012, by opening two new waste collection centers (Timberpak), in Brașov and Arad, respectively. Between 2012 and 2022, Egger Romania integrated recycled wood into production in a quantity equivalent to 34,000 trucks of wood waste. In 2022, the company exceeded 21% share of recycled wood in particleboard production (PAL), with a target of 25% for 2025.
DSV Road, the third largest freight transport company in Romania, has appointed Mihai Teodorescu, the Country's General Manager of Road, as Sustainability Ambassador, aiming at the development of the Green Transport division. By the end of the year, the company estimates a doubling of the demand for green transport solutions in Romania compared to 2022.
ProCredit Bank has launched the ProGreen credit for photovoltaic panels intended for individuals. They can get the ProGreen credit for Photovoltaic Panels with no down payment and no fees. The credit is intended for those who want to make the transition to a renewable energy source, while also benefiting from reduced costs on their energy bills.
ETEX Building Performance (Siniat Romania) is abandoning plastic packaging for gypsum plasterboards manufactured in Turceni.
ProCredit Bank Romania has granted €2.9 million of financing to a company from the Solar Global group in the Czech Republic.
EnergoBit and Huawei Romania signed a Memorandum of Understanding (MoU) for global cooperation for photovoltaic and energy storage projects, within the New International Expo Center 2023, which took place these days in Shanghai. Based on the Memorandum of Understanding, the companies will develop the photovoltaic industry in Romania by strengthening technological innovation, improving the user experience, and developing new use cases.
The introduction of the electronic signature will help save around 1,200,000 sheets of paper in 2023, which means 120 trees saved. CreditAmanet, a Romanian company specializing in short-term lending services and currency exchange, details three good practices that transform the business into a sustainable one.
The schools in Vrancea will be equipped with photovoltaic panels. The Minister of Investments and European Projects, Marcel Boloș, and the President of the Vrancea County Council, Cătălin Toma, signed the contract worth a total of €1.2 million for the production of green energy in the county. The contract will finance the project "Investments in electricity production capacities for own consumption at the level of Vrancea County". The project is financed by the Large Infrastructure Operational Program 2014-2020.
Autonom, an integrated provider of mobility and financing services, has launched a solution dedicated to electric cars to address concerns associated with the adoption of electric vehicles, such as long-distance car autonomy, charging, maintenance costs, technological advancement, and resale value risk. Number three in the market of operational leasing and car rental companies ordered at the beginning of the year, with the help of an EIB loan of €32 million, 200 Tesla electric cars (Model 3 and Model Y).
ENGIE Romania launches a complete management solution for electric car charging stations. ENGIE Romania, in partnership with Etrel, a Landis+Gyr company, is launching a management solution for electric charging stations, available to individuals, companies, and public charging stations.
DTEK Renewables International, part of the DTEK group founded in 2005 by billionaire Rinat Akhmetov, acquires a greenfield project from the Romanian company Finas Invest SRL, which is based in Cluj-Napoca and operates on the renewable energy market. The acquisition of the photovoltaic plant with an installed capacity of 49.38 MW, located in the village of Glodeni, Mureş county, was announced by the law firm Wolf Theiss, which consulted DTEK Renewables.
TAROM aims for a new record for the most efficient medium-courier flight, part of the "SkyTeam Sustainable Flight Challenge" competition. The TAROM company participates, for the second consecutive year, in the sustainable flight challenge organized by the SkyTeam alliance. The sustainable TAROM Bucharest-Madrid-Otopeni route, operated with a Boeing 737-800 aircraft, meant a fuel economy of approximately 800 kg. Essentially, the fuel economy results in a significant reduction in CO2 emissions of over 2.5 tonnes.
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that the Schneider Electric Sustainability School is open for enrolment. Free to access, the digital platform provides a range of interactive courses aimed at equipping companies and professionals with the knowledge and skills needed to improve their sustainability performance.
At Romanian private equity fund ROCA Investments, ESG considerations are gradually turning into a critical part of the investment and portfolio management processes, says CEO Rudolf Vizental
Investment company Evergent Investments, based in Bacău County, identifies a "growing demand for organic products" and is now investing in organic blueberry production. The company announces that it continues the development of the Private Equity portfolio, increasing the area of the "Blueberry Farms" project to 105 ha, through the purchase of 50 ha through the company Ever Agribio. The new land is intended for the production of organic blueberries, which meets the growing demand for organic products.
OMV Petrom, the largest integrated energy company in Southeast Europe, announces the signing of a financing contract through the National Plan for Recovery and Resilience for the construction of a hydrogen production capacity by water electrolysis at the Petrobrazi refinery. The contract was signed with the Ministry of Energy, for a maximum value of about €39 million, the total investment being estimated at about €74 million.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
Equinor and Polenergia have received the final environmental permit for the Bałtyk 1 offshore wind farm project.
HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.
The European Commission (EC) provides €52 million to support nine renewable energy projects across Finland and Estonia.
OMV announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
