All energy in Romania will be green energy, starting from 2027-2030, and this is the biggest opportunity we have today in Europe, said the Minister of Economy, Entrepreneurship and Tourism, Ştefan-Radu Oprea.
A key component of the sustainability strategy that E.ON pursues is to be climate neutral by 2040, says CEO of E.ON Romania, Volker Raffel. He talked to Green Forum about the group's strategy regarding sustainability, its ESG policies, and E.ON Romania's sustainability goals for the next period.
Cosmic Electric Power, a company specializing in the supply and installation of photovoltaic systems, has announced a partnership with Flanco, a retailer of electronics, home appliances, and IT&C products in Romania.
Ingka Investments, the investment division of the Ingka Group, has acquired a 300MWp ready-to-build photovoltaic park in Romania as part of its commitment to a renewable energy future.
Achieving all national climate and energy goals will require adding or replacing 80 million kilometers of power lines by 2040, according to a report released by the International Energy Agency (IEA).
Atria Urban Resort, a residential complex developed in the north-western area of Bucharest by EVERGENT Investments, in partnership with Cityring Development, has installed 296 solar panels that will produce energy for heating domestic hot water.
E.ON Energie Romania has completed the construction and installation of a photovoltaic energy generation system for the Printmasters company, from Maramureş County, as part of a partnership concluded this year.
Electrica Furnizare was chosen by the Zambelli Metal company for the construction of a turnkey photovoltaic plant at the factory in Sfântu Gheorghe, Covasna County.
Naxxar Renewable Energy Management Holding has entered into a conditional agreement with Polenergia, for the sale of a substantial 60% stake in the development vehicle of the NX4 Wind Farm, one of the largest onshore wind energy projects in Romania and, by extension, also in Europe.
The participants in the grid connection process encounter legislative barriers, bureaucratic barriers, and barriers associated with financing, but also some generated by the insufficient development of the electrical transmission and distribution networks.
Vantage Towers, a leading European infrastructure operator, is currently exploring the possibility of implementing in Romania some of its sustainable initiatives, based on green energy, that are tested in the present in some other European markets.
The European Commission has approved a €193 million Lithuanian scheme to support offshore wind farms to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan.
Vrancart, the producer of corrugated cardboard, signed a financing contract with the Ministry of Energy, through the National Recovery and Resilience Plan (PNRR), in order to build a photovoltaic park with a power plant, in the town of Adjud, Vrancea County.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.