Finance | 1 October, 2024 at 8:17 PM
EBRD plans €100 million loan for Serbian schools
EBRD plans to provide a sovereign loan of up to €100 million to enhance energy efficiency in up to 70 schools across Serbia.
EBRD plans to provide a sovereign loan of up to €100 million to enhance energy efficiency in up to 70 schools across Serbia.
Romgaz successfully concludes the first issue of bonds on the international markets.
OMV Petrom, closed the acquisition of several photovoltaic projects from the Danish company Jantzen Renewables ApS.
Liberty Steel is working hard to improve their renewable energy sources, with the first 50MW of our proposed 250MW on-site solar farm programme already in development.
The European Commission has approved a €1 billion Portuguese scheme to support investments for the production of equipment necessary to foster the transition towards a net-zero economy.
Rezolv Energy has announced the signing of a seven-year vPPA with the Italian utility company A2A for the annual supply of 150 GWh of green electricity.
Simtel and Monsson announced the signing of a strategic partnership aimed at developing, constructing, and selling photovoltaic and hybrid projects with a total installed capacity of approximately 150 MWp.
Equilibrium becomes the first building in Bucharest to implement the digital WasteTracker system for waste management in office buildings.
Parapet, an EPC solutions provider in the renewable energy sector, has initiated work on one of Romania's largest photovoltaic plants in Ghimpați, Giurgiu County.
Strabag announced its initiative to achieve climate neutrality by 2040 throughout the entire value chain, embracing digital, innovative, and eco-friendly solutions.
Romanian tech firm Visual Fan, operating under the Allview brand, announced the completion of a 1 MWp photovoltaic (PV) plant for Saint-Gobain's Romanian division.
Public Power Corp (PPC Group) has reached an agreement with the Copelouzos and Samaras groups to acquire their operating wind and photovoltaic assets.
European citizens support the energy policy pursued by the EU in the last five years.
A new report from the International Energy Agency (IEA) shows that tripling renewable energy capacity and doubling energy efficiency by 2030.
Restart Energy has finalized the implementation of a photovoltaic project for the company Tehno Proenergy worth approximately €900 000. The beneficiary's investment will be amortized in about 5 years.
PRIME Batteries Technology, Eldrive Romania and ALLSPARK Energy presented a solution for storing energy and charging electric cars.
The Ministry of Energy has launched and managed non-reimbursable funds for investments exceeding 13 billion euros in the past 15 months.
The Lille Metropolitan area (Métropole européenne de Lille) has been awarded a green loan of €245 million by the European Investment Bank (EIB) to fund its public transport network and cycling paths.
As part of the drive to decarbonize its European refineries, TotalEnergies launched a call for tenders for the supply of 500,000 tons per year of green hydrogen.
WindEurope's Autumn Wind Energy Data shows Europe built 6.4 GW of new wind farms in the first half of 2024.
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.
