Energy | 16 August, 2023 at 9:20 AM
First wind power plant projects to appear in the Black Sea
The first wind power projects could be installed in the Black Sea in 2027-2028, said the Minister of Energy, Sebastian Burduja.
The first wind power projects could be installed in the Black Sea in 2027-2028, said 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.
Enel Green Power has started work on the construction of a photovoltaic plant with a capacity of approximately 170 MW, which will be the largest solar plant in Italy. The installation will be based on bifacial photovoltaic modules - with a technology that allows the absorption of solar energy on both the front and back surfaces. This agrivoltaic solar farm will be built in an area owned by a local company that will be working with Enel Green Power on integrating agricultural activities at the plant.
The Oltenia Energy Complex will receive a state aid of RON449 million (€89.8 million) for the year 2023, from the state budget, to finance expenses with greenhouse gas emission certificates. Until now, CE Oltenia has received state aid in the form of a grant of €776.4 million, also for the purchase of greenhouse gas emission certificates.
The company Aerostar Bacău invests €3 million from its own sources in the implementation of a photovoltaic park. The photovoltaic park consists of over 7,000 panels, located on the roof of the buildings owned by Aerostar.
The Polish company R.Power Group is developing a project portfolio of over 1 GWp in Romania. The company plans to expand its share of this market in the coming months and sign more contracts for photovoltaic projects. It is estimated that the construction of the first projects will begin next year.
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.
Global energy-related carbon dioxide emissions hit a record high last year, even as more clean technologies such as solar power and electric vehicles helped limit the impact of increased coal and oil consumption, according to the International Energy Agency (IEA). Scientists warn that energy users around the world must dramatically reduce emissions to slow the ill effects of global warming.
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.
Tuborg Romania invested €525,000 in a system of solar panels with a capacity of 396 KWp that it mounted on the roof of the distribution centre in Pantelimon. The energy will be used for own consumption.
Industrial developer CTP Romania will install a photovoltaic power station with a capacity of 1.5 MW in its CTPark Bucharest project as part of its investments in green energy.
Last year, Enel X Romania built for business customers more than 40 photovoltaic plants at the national level, an almost double number compared to the previous year. The photovoltaic plants have a total capacity of over 26 MWp and will contribute to the reduction of over 5,400 tons/year of carbon dioxide emissions.
Romania will have a law on biomass and a law on renewable energies that can be produced on the Black Sea. The projects are being worked on in the Romanian Senate, which is looking for the best legislation in this regard.
The European Commission approves €259 million Romanian scheme under Recovery and Resilience Facility to support investments in batteries, photovoltaic cells and panels.
Enel launches a dual-tranche 1.5 billion euro “Sustainability-Linked Bond” in the Eurobond market, the world's first public issuance coupling EU taxonomy with United Nations sustainable development goals, also including full decarbonization targets.
The European Parliament has approved including REPowerEU measures in national plans to be more independent from Russian fossil fuels, speed up the green transition and tackle energy poverty.
The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million.
The National Energy Regulatory Authority (ANRE) approved the establishment of new photovoltaic power plants with a cumulative power of 95 MW.
Join Lisa Chase and Tjidsger Wierda for a workshop on 28 May
Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.
In a video interview recorded at Bratislava Property Forum 2026, Hubert Abt FRICS, CEO of workcloud24, explains why energy performance is emerging as the most important operational metric, how investors are approaching sustainability and what it takes to create real value through data-driven asset management.
Sinovoltaics has launched PV Lab Test Advisor v1.0, a web-based assessment tool designed to build project-specific reliability testing scopes for utility-scale solar PV projects.
ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.
