The US and Europe will face slowing demand and sales for electric vehicles (EVs) in the near term, while China is set to see steady growth.
The tender is valued at €8.4 million, with Rețele Electrice Dobrogea being the beneficiary of the work.
The European Commission has approved an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources.
The wind farm is scheduled to become operational in 2025.
The European Commission advanced efforts to support the European hydrogen market by initiating a pilot mechanism.
Since 2019, wind and solar capacity in the EU has grown by 65% (+188 GW). Wind capacity increased by 31% (+52 GW) to 219 GW in 2023.
The US will invest €78.6 million in a large-scale battery energy storage system in Moldova to enhance the country's energy resilience.
The European Commission has approved a €2 billion aid measure under EU State aid rules to support STMicroelectronics.
OMV Petrom closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania.
The European Council has greenlit a series of measures aimed at building a more interconnected and resilient electricity grid across Europe.
The European Council has approved a plan to create a more connected and resilient electricity network across Europe.
UniCredit acted as Joint Global Coordinator and exclusive ESG Advisor in the context of Premier Energy's IPO.
Visual Fan SA announced the completion of two key projects for important private companies in Romania in a very short period.
MK Hydroenergy Power, in partnership with Innovation Norway, has developed the first floating photovoltaic energy system on the Grebla hydropower plant's settling pond.
EBRD purchased 11% of the shares offered during Premier Energy's initial public offering (IPO), investing €15.5 million.
The European Commission has approved the fourth Important Project of Common European Interest (IPCEI) under EU State aid rules to support research within the hydrogen value chain.
European Commission voted on the first-ever EU regulations aimed at curbing methane emissions from the energy sector.
Renovatio Solar has installed 650 photovoltaic panels on the ANA Hotels and Crowne Plaza buildings in Bucharest.
Despite Beijing's focus on self-reliance in its energy policy, it is expected that most oil and gas will still be imported in 2050.
The European Commission has approved a €4 billion French State aid scheme designed to support the decarbonization of the manufacturing sector.
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.
