Belgrade abounds in underground thermal springs. A study conducted by the Faculty of Mining and Geology has shown that 6 out of the 18 district heating plants in Belgrade have the potential for utilizing geothermal energy.
The World Bank supports Bulgaria's efforts to secure clean energy resources. The bank will provide expert technical opinions based on the best global ideas and practices for managing Bulgaria's geothermal energy resources. The use of geothermal energy will provide new jobs and guarantee a smooth transition to green energy.
Schneider Electric is investing €40 million in a new smart factory in Hungary. The factory will be net zero. Geothermal energy and rooftop solar will power the site, and Schneider Electric's EcoStruxure energy management solutions will maximize its energy efficiency.
The towns of Sântana and Pecica in Arad County are implementing geothermal resources exploitation projects for heating public institutions. The city of Santana obtained European funding of RON27.5 million (€5.5 million) to complete the drilling and the thermal network.
The Romanian Minister of Energy, Virgil Popescu, says that in the near future, we need to increase the sources of renewable energy production, and geothermal energy is a new source that he will carefully study and develop. The minister also said that we must invest in all energy sources with low carbon emissions.
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.
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.
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.
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.
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
