In 2024, the Hidroelectrica Group experienced a decline in both operational and financial performance compared to the previous year, largely due to unfavorable hydrological conditions.
The European Commission has launched a public consultation inviting all interested parties to express their views on the functioning of the competition rules applicable to vertical agreements in the automotive sector.
Qair continues to expand its renewable energy portfolio, having recently energized several photovoltaic projects in Poland.
E.ON Energie Romania announced the completion of a 655 kWp photovoltaic (PV) plant for the Romanian branch of German automotive parts supplier Continental Automotive.
Porsche eBike Performance, a German company specializing in advanced electric drive systems for e-bikes, has chosen a site in Croatia for its future battery production facility.
The European Commission has adopted an omnibus bill aimed at relaxing stringent environmental, sustainability, and investment regulations for companies.
The European Bank for Reconstruction and Development (EBRD) has supported the Ministry of Mining and Energy in designing and implementing Serbia's second renewables auction.
Polish solar developer R.Power has signed a long-term power purchase agreement (PPA) to supply around 240 GWh of solar energy to local telecom operator Play.
Metropolitan Warszawa continues to set standards by reducing energy costs by approximately €482,400 and emissions by 11,200 tons over the next three years.
Eurowind Energy announced that it has completed the installation of eight Siemens Gamesa wind turbines in the 48 MW wind farm at Pecineaga.
Polish energy company Polenergia has signed a corporate power purchase agreement (cPPA) to supply renewable energy to Hotel Warszawianka Congress Centre and Sofitel Grand Sopot.
The EU aims to be climate neutral by 2050, with renewable energy playing a vital role.
A consortium led by E.ON receives €45 million in EU funding to expand charging infrastructure for electric cars and commercial vehicles in Europe.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
Hidroelectrica announces the completion of a key phase in the maintenance works for hydro unit no. 1 at the Portile de Fier I Hydroelectric Power Plant.
DN AGRAR Group is set to invest €3.4 million in a new compost plant and the installation of solar panels on the rooftops of buildings at three of its farms.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
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.
