Romania launches €25.6 million geothermal plant
The Oradea City Hall has completed a €25.6 million investment project, funded through non-reimbursable financial support from the Ministry of Investments and European Projects.
The Oradea City Hall has completed a €25.6 million investment project, funded through non-reimbursable financial support from the Ministry of Investments and European Projects.
Greenvolt Power, part of the Greenvolt Group, has reached an agreement to sell a portfolio of four wind farms in Poland with a total installed capacity of 33.2 MW.
Polish photovoltaic developer R.Power has sold a 49.9% stake in two of its special purpose vehicles (SPVs), responsible for developing a solar portfolio with a total capacity of 91.6 MWp, to an undisclosed financial investor.
OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria.
Auchan Romania has a long-term ambition to reduce direct emissions by 46% by 2030 and to use only renewable energy by the same year.
Raiffeisen Bank Romania publishes a simplified version of the Consolidated Sustainability Statement, providing an overview of the company's non-financial performance and its economic, social, and environmental impact in 2024.
Two companies with strategic roles in Romania's energy ecosystem – WALDEVAR Energy and Prime Batteries – are contributing to the development of the “Da Vinci New Project,” a large-scale photovoltaic park located in Nanov, Teleorman County, owned by Alive Capital.
Bulgaria has taken a major step forward in its renewable energy strategy with the inauguration of a 124 MW / 496.2 MWh battery energy storage system (BESS) in the north-central city of Lovech
The European Commission has introduced new measures to accelerate the EU's shift toward a low-carbon economy.
Rețele Electrice România, part of the PPC Group in Romania, has completed a new transformer substation in the resort town of Mamaia to enhance electricity distribution in the area, especially during the high-demand summer tourist season.
The European Investment Bank (EIB) has signed a financing agreement worth €700 million to support the construction of two major offshore wind farms—Bałtyk 2 and Bałtyk 3—developed by Norway's Equinor and Poland's Polenergia along the Polish coast of the Baltic Sea.
Romania's Ministry of Energy has launched a call for expressions of interest to conduct a comprehensive study aimed at identifying areas in the Black Sea suitable for offshore wind development.
VSB has launched operations at a 41.6 MW wind farm in the Silesian municipality of Pietrowice Wielkie, Poland.
GreenYellow has successfully completed one of the most significant investments in Poland's distributed photovoltaic (PV) sector.
The European Bank for Reconstruction and Development (EBRD) is lending €180.3 million to support a major urban regeneration project in Cluj-Napoca, Romania's second-largest city.
Allview Solar Energy, the renewable energy division of Visual Fan S.A., has signed a contract with Prodlacta S.A.
The joint venture partners behind the project – Equinor, the international energy company headquartered in Norway, and Polenergia have made their final investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind farms, paving the way for full-scale construction.
Energa Green Development has acquired the PV Serby project, one of the largest planned solar farms in Poland, with a projected capacity of 112 MW.
The European Bank for Reconstruction and Development (EBRD) extended an €80 million portfolio risk-sharing guarantee to BNP Paribas Bank Polska (BNPPBP), to help increase access to green finance in Poland.
ORLEN Venture Capital (ORLEN VC) has invested in Hystar, a Norwegian company specializing in high-efficiency proton-exchange membrane (PEM) electrolysers for large-scale, zero-emission hydrogen production.

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).