These contracts have been signed with the Ministry of Energy and involve a maximum funding of €50 million, while the total investment is around €140 million.
Romania has had the opportunity to solidify its energy independence and transition into a net energy exporter.
Swiss solar energy firm Meyer Burger announced the closing of its photovoltaic plant near Dresden in eastern Germany.
This is a first step, as the ultimate goal is to transform the plant into a zero-energy and zero-greenhouse gas emission platform.
This investment is crucial for mitigating environmental impacts and facilitating the transition to a sustainable energy framework.
Wind and hydropower collectively accounted for over two-thirds of the total renewable electricity generated (37.5% and 29.9% respectively).
The voluntary framework is intended to facilitate and speed up the deployment of high-quality carbon removal and soil emission reduction activities in the EU.
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.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
