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.
The Baneasa Zoo has been equipped with a 97 kW photovoltaic system, the photovoltaic panels being placed on the roof of the administrative buildings.
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.
Compania de Apa "Someș" S.A., a company operating under the Cluj County Council, has signed the financing contract for the "Photovoltaic power plant installation" project.
A very important project that Hidroelectrica is currently considering is an investment of around 1,500 MW in floating photovoltaic panels.
Enea SA has bought a 35 MW photovoltaic farm in Greater Poland Voivodeship from PAD RES.
The bill for the exploitation of offshore wind energy could enter the Government in a maximum of two weeks, says the Minister of Energy, Sebastian Burduja.
Romania is one of the countries that has undertaken a very ambitious decarbonization plan, says the Minister of Energy, Sebastian Burduja.
Depanero, a service company from Romania, is expanding its range of services in the area of electric mobility and green energy.
State-owned coal and power producer Elektroprivreda Crne Gore (EPCG) received urban planning and technical requirements from the government in Montenegro for a solar power project with a peak capacity of 47 MW in Nikšić.
In the coming years, Romania has at its disposal unprecedented European funds of billions of euros for the transition to an energy sector with low emissions.
The company TMK Hydroenergy Power, part of the CEZ Group in Romania, is building the first floating photovoltaic energy system in Romania in Caraș-Severin County, on the stilling lake of the Grebla hydroelectric plant.
Econergy, one of the most active investors in the renewable energy sector in Romania, has obtained the connection approval for a new renewable energy project, according to public data.
Orlen is testing the first hydrogen locomotive in Poland which it has purchased from PESA Bydgoszcz.
An investment of $37 trillion is needed by 2030 to finance the energy transition, of this, $19 trillion at most is already committed, leaving an investment gap of $18 trillion, according to Boston Consulting Group.
Nuclearelectrica has signed a Letter of Intent with the Three Seas Initiative Investment Fund to explore the possibility of collaboration in the renewable energy production sector in Romania, in order to achieve common strategic objectives.
MEPs back plans to boost the use of renewable energy.
The Copper Beech Urban Development company has received funding of around RON 74 million (€14.8 million), European money through the PNRR.
At the national level, there are about 5.6 million houses where photovoltaic systems can be installed, and the market potential is €24 billion.
The electricity market needs new operating rules to integrate green energy and reach the net zero goal, a PwC report shows.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
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.
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).
