Energy | 13 May, 2024 at 8:00 AM
EU Energy Performance of Buildings Directive comes into effect
The Energy Performance of Buildings Directive has come into effect, marking a significant step in the EU's energy strategy.
The Energy Performance of Buildings Directive has come into effect, marking a significant step in the EU's energy strategy.
The Italian group Alerion announced the completion of two new photovoltaic plants in Romania, where it has also begun production.
Last year marked a significant milestone as renewable energy surpassed 30% of the world's electricity generation for the first time.
EBRD provided a €10 million loan for the acquisition of cutting-edge trams, aligning with Sarajevo's vision for a greener public transit system.
Premier Energy Group disclosed that the country's financial oversight authority, ASF, has greenlit the prospectus for its upcoming initial public offering (IPO).
Addressing climate change is a fundamental aspect of our long-term growth strategy and our commitment to achieving net-zero emissions across all our operations by 2050.
This five-year pact maps out strategies for developing more than 10.5 gigawatts of new renewable energy capacity.
Speakers of the panel on best practices at Romania ESG Forum 2024 opened a discussion revolving around ESG investing and decarbonization strategies.
ABB inaugurated a new factory in Belgium, investing €20 million in its construction, situated in Evergem, near Ghent.
This loan, aimed at corporates and small and medium-sized enterprises (SMEs), will facilitate investments in eco-friendly initiatives.
Saint-Gobain has entered into a renewable electricity supply agreement with OMV Petrom in Romania.
RWE has commenced the development of its inaugural solar facility in Italy. The completion of the project is slated for the year's end.
Eurostar has committed to power its trains entirely with renewable energy by 2030.
The European Commission will allocate nearly €720 million to seven renewable hydrogen projects across Europe.
The Romanian Ministry of Energy announced that he offshore wind energy law will come into effect on May 30th.
PepsiCo announced the implementation of its latest eco-friendly initiative: the integration of photovoltaic panels across three key sites in Romania.
Restart Energy has finalized the installation of a photovoltaic power generation system for Romtextil S.A., valued at over €500,000.
The European Parliament adopted the provisional political agreement reached with EU countries on new measures to improve air quality in the EU.
Romanians' interest in green energy solutions, such as installing solar panels, is on the rise in early 2024 compared to the beginning of 2023.
The real estate, renewable energy, and transportation sectors are frontrunners for sustainable practices, alongside the public sector which should play an important role.
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.
