Europe is looking for the magic solution for decarbonization, simultaneously with ensuring energy security, although the year started with a strong feeling of optimism for the energy sector at the global level, says Radu Puiu, Financial Analyst at the brokerage house on international exchanges XTB Romania. Amid recent negative factors, many countries have had to resort to fossil fuels and delay the transition to green energy.
An association of companies from Turkey is the winner of the tender for the realization of Metro Line 1, which will cost €1.8 billion. One of the construction companies executed metro works in Dubai, but also in Poland and Sweden. The metro line is 21.03 km long, with 19 underground stations and 1 above-ground depot.
The mayor of Cluj-Napoca, Emil Boc, announced that the municipality is buying 18 electric buses, based on a contract worth €16 million. The auction has already been completed and the delivery period is 12 months.
In the last three months of last year, over 29,000 tons of carbon dioxide emissions were reduced in Romania, through the packaging recycling activity generated by approximately 700 companies, according to Clean Recycle data. In 2021, Romania recorded a quantity of 79 million tons of carbon emissions from all industries, increasing by 5 million tons compared to 2020.
Autonom orders 200 electric cars worth €10 million and is speeding up the fleet electrification process. Last fall, Autonom received €15 million in financing from the European Investment Bank for the expansion of the fleet of electric and hybrid cars.
AE SOLAR is to produce solar panels in Romania, through an investment of €1 billion in a factory, informs the Romanian Government. This would be one of the largest investments announced in recent years in Romania. In the final phase, the project will have a capacity that will reach 10 GW.
Tarom allocates resources to achieve an ambitious goal of zero greenhouse gas emissions by 2050. The company mentions that it understands that climate change is real and requires immediate action.
The EDP Group will invest €25 billion by 2026, of which €21 billion are focused on new renewable sources. EDP makes its repeated commitment to stop using coal by 2025, and to generate 100% from renewable sources by 2030.
The Romanian Minister of Energy, Virgil Popescu, says that in the near future, we need to increase the sources of renewable energy production, and geothermal energy is a new source that he will carefully study and develop. The minister also said that we must invest in all energy sources with low carbon emissions.
Prebet Aiud will build some production halls, for which it signed a contract of over €1 million. A photovoltaic park will be developed above these halls, considering that the company wants to become energy independent.
OMV Petrom continues the "Romania plants for tomorrow" project and announces that is supporting this year's plantings with €3 million. Over 330,000 saplings will be planted in mini-urban forests in 20 cities, including Bucharest, Constanța, Giurgiu and Craiova. "Romania plants for tomorrow" is the largest planting initiative financed by private funds in Romania.
Bolt is committed to safety and education of e-scooter users, as well as maintaining close cooperation with the authorities. The Bolt Commitment is comprised of nine major themes essential to safe e-scooter travel.
Tichilesti City Hall in Brăila County was fined RON 20,000 (€ 4,000) by the Environmental Guard, after the commissioners discovered household waste illegally stored on an area of over 1,500 sqm. Also, a van transporting waste resulting from the dismantling of end-of-life vehicles was fined RON 15,000 (€ 3,000).
Aquila has set itself the target of reducing greenhouse gas emissions by 10% by 2026. The company also applies systems to improve the electricity consumption of warehouses.
The Romanian Government approved today, at the proposal of the Ministry of Development, Public Works and Administration, new regulations for sustainable development and to reduce the seismic risk of buildings.
The Romanian Government approved an agreement for the implementation of the provisions of the Espoo Convention. A joint Commission on environmental impact assessment in a cross-border context will be established, consisting of four members for each party.
Hidroelectrica, a producer of renewable energy, wants to publish its first sustainability report. Last year, the state-owned company had a net profit of RON 4 billion (€800 million).
The subway transport company from Bucharest, Metrorex, has launched a tender for the purchase of electricity for one year in the electronic public procurement system. It is advantageous who offers more energy from renewable sources.
The Minister of Development, Cseke Attila, announced that cycling routes to be built in Romania in 14 counties of Romania. The cycling routes are aimed at encouraging sustainable and environmentally friendly tourism, as well as increasing the accessibility of tourist areas.
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.
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.
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.
