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.
The EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable raw materials.
The European Commission granted a total of €67.4 million in financial aid to support works & studies for cross-border renewable energy projects.
The European Bank for Reconstruction and Development (EBRD) provided a loan of €100 million to the distribution subsidiaries of Public Power Corporation SA.
Renewable energy production in Italy surged by 27.3% in the first half of 2024 compared to the same period in 2023.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
The European Commission has selected 134 transport projects to receive over €7 billion in EU grants from the Connecting Europe Facility (CEF).
Restart Energy completed 395.6 kW photovoltaic (PV) installation for local auto parts maker Thyssenkrupp Bilstein.
In 2022, environmental tax revenue in the EU amounted to €317.2 billion, representing 2.0% of the EU's gross domestic product (GDP).
Minister of Energy has signed 24 financing contracts aimed at supporting investments in new electricity production capacities from renewable sources.
Electrica has completed the acquisition of the project company New Trend Energy having as its main object of activity the generation of energy from photovoltaic sources.
The European Commission has approved a Bulgarian scheme to provide €142.1 million to support the country's energy sector.
The European Bank for Reconstruction and Development has priced its largest ever green bond transaction, issuing a €1 billion 7-year benchmark.
Restart Energy has completed the construction and installation of a photovoltaic project for Dip&Gip, totaling more than €200,000.
Nala Renewables has announced an agreement with Monsson, to acquire a 61 MWp solar photovoltaic (PV) project in Western Romania.
Amazon achieved a milestone in 2023 by matching all electricity consumed by its operations, including data centers, with 100% renewable energy.
For the year 2024, Raiffeisen Bank Romania will continue to finance eligible projects that support the sustainable development of key sectors of the economy,
The European Bank for Reconstruction and Development (EBRD) has approved a €30 million loan to Serbia aimed at funding investments in renewable heat generation.
Hidroelectrica signed the contract for the modernization of the Vidraru Hydropower Plant, a project of strategic importance for the National Energy System (SEN).
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.
