The European Investment Bank (EIB) will provide up to €30 million to co-finance one of Romania's largest onshore wind projects, Pestera II, located near Constanta on the Black Sea coast.
Visual Fan, through its renewable energy division Renewable EPC by Allview, has secured a contract to design and build a photovoltaic park of over 5 MW in Reșița, Caraș-Severin County.
Greenvolt Next entered the local market in the last quarter of 2023, supporting Romanian companies with innovative solutions for generating and consuming electricity through customized photovoltaic systems (rooftop, ground-mounted, carports), energy efficiency interventions, solar storage, and electric mobility.
OMV Petrom, the leading integrated energy producer in Southeast Europe, will supply Cluj International Airport Avram Iancu with Sustainable Aviation Fuel (SAF) starting in 2025.
RenewAcad, a certified renewable energy training center operated by Wind Power Energy, launched a new project on March 5 in Petrila.
Eurowind Energy, a Danish company specializing in the development and operation of wind, solar, and hybrid projects, has announced plans to develop a significant wind energy project in Botoșani County.
The Romanian company Parapet, operating across multiple European countries in the photovoltaic sector, will expand its international presence with a new branch in Bergamo, Italy.
IFC, a member of the World Bank Group, and the Asian Infrastructure Investment Bank (AIIB) are investing €200 million in senior unsecured bonds to support infrastructure development in Europe.
In 2024, the Hidroelectrica Group experienced a decline in both operational and financial performance compared to the previous year, largely due to unfavorable hydrological conditions.
The Omnibus proposal significantly reduces the number of Romanian companies required to report ESG performance from over 6,000 to just 300, representing a 95% decrease.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
DN AGRAR Group is set to invest €3.4 million in a new compost plant and the installation of solar panels on the rooftops of buildings at three of its farms.
Renewable Energy Insurance Broker (REIB) insured the largest photovoltaic park in Southeastern Europe, located in Ratesti, Arges County, Romania.
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.
Most Romanian firms – 90% – have acted to reduce greenhouse gas emissions, in line with companies elsewhere in Europe, according to a European Investment Bank (EIB) Group survey.
METLEN Energy & Metals S.A. Greece has secured €181 million in project financing from Piraeus Bank for the development of a large-scale solar power plant in Romania.
Econergy Renewable Energy, a leading renewable energy developer and Independent Power Producer (IPP), announced its success in the recent Romanian Contracts for Difference (CfD) auction with the Parau 2 solar project.
Romania is set for a significant expansion in the photovoltaic sector in 2025, driven by funding programs such as Casa Verde and RePower EU.
CMS has provided legal counsel to DRI in relation to the physical power purchase agreements (PPAs) concluded with OMV Petrom for three solar projects.
Transelectrica has unveiled a comprehensive development plan for the country's electricity transmission network (RET) over the next decade, with an investment of €1.88 billion.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
