Industry | 5 February, 2025 at 8:17 PM
CMS advised DRI on PPAs with OMV Petrom
CMS has provided legal counsel to DRI in relation to the physical power purchase agreements (PPAs) concluded with OMV Petrom for three solar projects.
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.
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
The Romanian Ministry of Energy is set to allocate an additional €150 million for electricity storage batteries.
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
SolarPro Holding, Bulgarian engineering, procurement, and construction (EPC) contractor, will develop a 174 MW solar photovoltaic (PV) farm in Romania's Oltenia region.
Monsson has secured all necessary approvals to start building Europe's largest photovoltaic park, located in Arad County.
Romania's Ministry of Energy has announced a goal of adding 2,500 MW of new capacity to the country's energy system by 2025.
Renalfa IPP, an independent energy developer and producer based in Vienna, has acquired a 258 MWac photovoltaic (PV) project located in Teleorman, Romania.
PPC Energie and PPC Energie Muntenia, both part of the PPC Group in Romania, will merge.
The Agency for Financing Rural Investments (AFIR) has launched a new funding call, offering €150 million in grants for photovoltaic and wind power projects for self-consumption in Romania.
Nuclearelectrica announced a €1.9 billion EPC contract with an international consortium to refurbish Unit 1 and extend its life by 30 years.
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
MVM and E.ON have finalized an agreement for the sale and purchase of E.ON's energy retail and customer solutions business in Romania.
Enery has successfully secured a €214.45 million bank loan facility to drive the development and consolidation of its renewable energy projects in Romania.
EBRD has approved a €90 million loan for Engie Romania, part of France's Engie Group, to refinance the acquisition of an operational wind farm.
In the first ten months of 2024, solar energy generated by photovoltaic installations reached 3.18 billion kWh, marking a 55.1% rise compared to the same period last year.
NEPI Rockcastle plans to transform its shopping centers in Romania into local energy hubs and fully meet their energy needs with green energy by the end of 2026.
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.
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.
