Energy | 21 February, 2024 at 8:00 AM
Romania assigns €418 million in grants for power distribution grid upgrades
These funds are allocated for grid expansion and modernization projects valued at a total of €645.7 million.
These funds are allocated for grid expansion and modernization projects valued at a total of €645.7 million.
BayWa r.e. is set to acquire the Poarta Albă solar park project in Romania in 2024, originally developed by HVAC Systems.
The project implementation period is 12 months, from December 2023 to December 2024.
Within this segment, fully electric cars will have a 12.7% market share, equivalent to a 24.7% jump in registrations compared to the previous year.
This initiative aims to attract an additional € 5.4 billion in private investments.
Leroy Merlin Romania will cease the sale of halogen bulbs, offering exclusively LED products, starting from May 2024.
The Ministry of Environment announced that more than 2 million packages were returned by consumers.
Pipe manufacturer Artrom Steel Tubes will invest more than €6 million in 2024 to optimize measures to reduce carbon emissions and fuel consumption.
Alexandra Floricică, Head of Sustainable Development at Procredit, talked about ProCredit's goals, strategies and initiatives aimed at reducing its environmental footprint while supporting the transition to a low-carbon economy.
This highlights a significant shift in the company's strategy, moving towards clean and sustainable energy sources.
Brasov City Hall installed the first benches with photovoltaic panels, a contactless phone charging system, wireless internet, temperature, and pollution sensors.
The last few years have been marked by debates and discussions about electricity prices and new investments in renewable energy sources.
Targoviste City Hall will build a photovoltaic park by December 2026 with European money on an area of 50,000 square meters.
Hidroelectrica completed the modernization of ten 110kV electrical stations in SH Hateg.
They are located in the Muntenia area, at a maximum distance of 80 kilometres from the Bucharest.
Waldevar Energy contracted a total of 481 MW in photovoltaic projects across Romania during 2023.
EBRD will guarantee up to €25 million for a loan provided by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria.
More than €800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks.
EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.
ALRO has purchased an aluminium aging furnace with electric heating from SECO/WARWICk.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
Equinor and Polenergia have received the final environmental permit for the Bałtyk 1 offshore wind farm project.
HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.
The European Commission (EC) provides €52 million to support nine renewable energy projects across Finland and Estonia.
OMV announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
