Purcari announced the signing of a Memorandum of Understanding (“MoU”) with the Green for Growth Fund (“GGF”), advised by Finance in Motion.
The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, helping to put cutting-edge clean technologies into action across Europe.
EIB has signed a €120 million loan with Iberdrola to finance the development of research and innovation projects involving energy technologies.
Chimcomplex, a leader in the chemical industry in Romania, and Econic Technologies, a deep tech company focused on renewable carbon, have signed a memorandum of understanding.
EBRD will loan up to €31.6 million to Hrvatska Elektroprivreda d.d. (HEP), Croatia's national energy company.
Comcris Energy, a Romanian subsidiary of Enery, a leading Austrian renewable energy developer, has officially launched the Sărmăşag photovoltaic park.
The European Commission has granted today more than €380 million to 133 new projects across Europe under the LIFE Programme for Environment and Climate Action.
The European Commission has approved, under EU State aid rules, a €128 million Swedish measure to support SSAB in decarbonizing its steel production.
Photon Energy, a Dutch-based solar and clean water solutions provider, has announced the successful connection of a new 3.2 MWp photovoltaic (PV) plant to the Romanian grid.
Electrica, a Romanian state-owned utility, has secured a €3.4 million grant from the National Recovery and Resilience Plan to fund a new energy storage project.
The Romanian Ministry of Energy has approved a €3.89 million grant from the Recovery and Resilience Plan (PNRR) to construct a new solar panel factory.
Allview Solar Energy announced the completion of a 410 kWp full EPC project, featuring a Growatt WIT-100A energy storage system, for Aqua Invest.
Bog'Art, one of Romania's most important and recognized construction companies, is reinforcing its commitment to a sustainable future by publishing its first Sustainability Report.
Last year, there was the highest-ever increase in renewable energy jobs, with an 18% annual rise, a new report says.
Actis-backed Rezolv Energy has secured up to €90 million in debt financing from the IFC - International Finance Corporation and Raiffeisen Bank International AG to support the construction of the ‘St. George's Solar Park in north-eastern Bulgaria.
World Energy Outlook 2024 showed critical choices facing governments and consumers as a period of more ample supplies nears and surging electricity demand reshapes energy security.
The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland.
Solar photovoltaic (PV) energy production reached 2.57 billion kWh in the first eight months of this year, representing a 60.5% increase compared to the same period last year.
In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries.
The EBRD has approved a €4 million loan to Bosnia and Herzegovina's PMF to support residential green investments.
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).
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.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
