Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
Danone Romania has completed an investment of €1 million in the acquisition and installation of photovoltaic panels.
Romania was among the EU states with a high share of renewable energy sources in 2022.
nextE, a renewable energy company operating as an Independent Power Producer (IPP), announced the continuation of its investment and development plans that confirm its vision of energy as a service - Energy as a Service (EaaS).
Sonae Sierra has reduced its CO2 emissions by approximately 90% from 2005 to date and its electricity consumption by 66% since 2002. The company announces that it has avoided costs of €34.9 million by implementing eco-efficiency measures.
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.
