Romanian engineering and technology company Simtel has secured two financing agreements from Banca Transilvania to support the completion of its photovoltaic park in Giurgiu.
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.
Simtel Team has completed a new solar energy project for MagiCAMP, an initiative of Asociatia Magic.
Simtel Team's management has announced the opening of a new subsidiary in Essen, Germany, marking a significant milestone in the Group's international expansion strategy.
Simtel and Monsson announced the signing of a strategic partnership aimed at developing, constructing, and selling photovoltaic and hybrid projects with a total installed capacity of approximately 150 MWp.
Simtel, together with PRIME Batteries Technology, announced the signing of a partnership for the development of advanced renewable energy technologies.
Simtel Team, in partnership with solar energy company Grunman Energy, will develop a 5 MW photovoltaic (PV) park in Bârlad, Vaslui county.
Romanian technology and engineering company Simtel Team has secured a 13.4 million euro contract with an undisclosed metallurgy sector company to build a photovoltaic park.
Romanian engineering and technology company Simtel Team, along with another independent company, will develop a photovoltaic power plant in Satu Mare.
Simtel Team has obtained non-refundable financing of €12.2 million for the construction of the Giurgiu photovoltaic power plant.
The company estimates that the project will be fully completed within six months.
Simtel Team has built one-third of the photovoltaic power plant capacities of prosumer legal entities in Romania.
Simtel Team completed the largest photovoltaic project built in Romania in a logistics park for CTP Romania.
Simtel Team wants to access credits of €100 million for photovoltaic plants with a total capacity of over 100 MWp. The decision will be approved in the General Meeting of Shareholders on April 26.
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.
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.
