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.
Electrocentrale București signed a Memorandum of Understanding with Sage Geosystems Incorporated, a US-based company specializing in geothermal energy technology and storage.
The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
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.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
