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.
Futureal Group's energy division has entered international markets under the newly established brand Futureal Energy Partners. The move marks a significant step in the company's strategy to broaden its presence in renewable energy investment and electricity trading across 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.
The Ministry of Energy is preparing two major projects in the field of green energy, with a total value of over €800 million, financed from the Modernization Fund.
Greenhouse gas emissions in Hungary's energy sector are on a downward trend as the share of electricity generated by fossil fuels drops and that of renewables and nuclear power grows.
Energy Advisor, the first start-up affiliated with the Technical University of Cluj-Napoca, launches Renergia, the first mobile application in Romania that streamlines energy consumption and reduces energy bill costs.
The bill for the exploitation of offshore wind energy could enter the Government in a maximum of two weeks, says the Minister of Energy, Sebastian Burduja.
Complexul Energetic Oltenia announces that it has complied with its compliance obligations and purchased all CO2 certificates for last year's electricity production. The deadline for compliance was April 30.
Renewable energy sources could reach a share of approximately 34% in 2030. Europe has assumed that by 2050 it will become the first climate-neutral continent.
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.