Energy | 5 August, 2024 at 9:00 AM
EBRD to invest €100 million in Estonia's largest wind park
EBRD will provide €100 million in funding to Enefit Green for the development and operation of the 255 MW Sopi-Tootsi wind park in Estonia.
EBRD will provide €100 million in funding to Enefit Green for the development and operation of the 255 MW Sopi-Tootsi wind park in Estonia.
Kaufland Romania reduced its carbon footprint by 3,418 tons in 2023 by utilizing Euro Pool System (EPS) reusable collapsible crates.
The Romanian Competition Council will analyze the transaction through which OMV Petrom SA intends to acquire, together with RES Terranet Holding SRL, the companies Tenersolar Park SRL, Enerintens Solar SRL, and CIL PV Plant SRL.
EIB will launch a €5 billion initiative to bolster wind-energy equipment manufacturing in Europe by providing a €500 million counter-guarantee to Deutsche Bank AG.
Clariant and OMV have announced a partnership to supply ethylene with a reduced carbon footprint.
Electrica and EsyaSoft will set up a joint-stock company that will have as its object of activity the production and operation of advanced technologies in the field of green energy.
PPC Renewables, the renewable energy division of Greece's PPC, will build a new wind farm with an installed capacity of 140 MW at the Deleni site in Vaslui County.
Vista Bank (Romania) and Optima Bank (Greece) arranged a syndicated loan of €61 million for Premier Energy Group.
Eurowind Energy has completed the construction of the electrical transformation station and commenced the installation of photovoltaic panels at Teiuș Park.
The European Commission has approved a €998 million Dutch initiative under EU State aid rules to promote the production of renewable hydrogen.
Restart Energy, a Romanian company specializing in renewable energy, announced the completion of a 225 kW photovoltaic (PV) installation for the local pastry business, Cibibon.
The European Commission has approved a €1.2 billion scheme by Spain to invest in renewable hydrogen production, aiding the transition to a net-zero economy.
EIB will provide a €250 million loan to the Belgian developer Warehouses De Pauw (WDP), which constructs and leases logistics spaces across Europe.
Allview Solar Energy has signed a contract with Autoliv Romania to implement a significant 5.7 MWp photovoltaic project.
Romania's Competition Council has given the green light for Premier Renewable to acquire Eolica Dobrogea One.
The European Commission has decided to initiate infringement proceedings by sending letters of formal notice to the 27 EU member states for failing to meet waste collection and recycling targets.
The study indicates that only half of the available land deemed suitable for renewable energy is needed to achieve the EU's decarbonization goals by 2040.
Romanian technology and engineering company Simtel Team has secured a 13.4 million euro contract with an undisclosed metallurgy sector company to build a photovoltaic park.
Keppel MET Renewables has completed the acquisition of 100% of the shares in two photovoltaic projects in the Italian regions of Piedmont and Lombardy.
Restart Energy announced the completion of a 350 kW photovoltaic (PV) plant for local agricultural firm Cerealcom Timis.
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).
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
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.
