Romania's Ministry of Environment, Water and Forests launched a program dedicated to installing photovoltaic panels for churches.
Romania's Ministry of Energy launched an informative map displaying electric car charging points.
The investment is worth nearly €7.04 million of which approximately €1.5 million are non-reimbursable funds from the National Recovery and Resilience Plan (PNRR).
The company disclosed its proposal to shareholders to endorse a cap of €300 million for the issuance of green bonds.
The European Commission has approved Romania's allocation of a €3 billion aid scheme to support installations producing onshore wind and photovoltaic solar energy.
The photovoltaic plants will have a total installed capacity of 1.15 MWp and are implemented in two locations of a renowned hypermarket in Romania, Baia Mare and Satu Mare.
The EU is making significant strides toward achieving its wind energy target for 2030, largely attributed to improvements in permitting processes and increased investments.
The company estimates that the project will be fully completed within six months.
The European Union announced that it cannot afford to restrict the import of photovoltaic panels despite challenges faced by European producers in the industry.
This initiative aims to enhance accessibility to top-tier logistics infrastructure in both nations while contributing to Europe's transition towards sustainability.
The company Teiuș.Solar, part of the Danish group Eurowind Energy, announced the launch of the project Teiuș Photovoltaic Park.
Construction will start in the first part of 2024, with the aim for the wind farm to become operational by the end of 2025.
The construction of a photovoltaic park in Brodoc is envisioned, covering an area of 30 hectares, with an expected annual output of approximately 2,357 MW/h.
Sweden led the way when it came to renewables in heating and cooling, with a 69.3% share, followed by Estonia (65.4%).
Skanska introduced its ESG+ office package, responding to evolving market dynamics and EU regulations.
Romania's "Photovoltaic Green House" program is to have a budget of €402 million in 2024.
Romania had 110,355 prosumers by the end of 2023, with an installed capacity of 1,442 MW.
Renovatio is set to finalize the photovoltaic project at Electrocentrale Borzesti by the end of April 2024, with a planned installed capacity of 50 MW.
The overarching goal is for Hidroelectrica to emerge as a leading force and pivotal player in Romania's energy transition.
EBRD has approved a €6 million loan for KAM, a leading food retailer in North Macedonia.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
EIB Group has signed a €93 million synthetic securitization agreement with Cetelem, the Spanish brand of BNP Paribas Personal Finance, to support green investments aimed at improving residential energy efficiency.
Dentons, a global law firm, has played a pivotal role in the Romanian renewable energy sector by advising Sousol Holdings Ltd. on the successful sale of a 54 MW wind power project to Engie Romania.
Romania and Turkey have signed their first bilateral memorandum of cooperation in the energy sector, marking a significant step toward enhanced collaboration in both traditional and renewable energy fields.
PPC has begun the second phase of construction on its flagship 490 MW solar power plant in Megalopoli, part of a broader strategy to repurpose former lignite mining sites into renewable energy hubs.
