Industry | 19 September, 2024 at 9:32 PM
Nokian Tyres opens the world's first fully zero CO2 emission tire factory
Nokian Tyres hosted the Grand Opening of its passenger car tire factory in Oradea, Romania today.
Nokian Tyres hosted the Grand Opening of its passenger car tire factory in Oradea, Romania today.
The European Commission has approved a €2.7 billion Austrian scheme to support companies active in the industrial sector to decarbonise their production processes.
New car sales in the European Union dropped by 18.3% last month, with major markets like Germany, France, and Italy experiencing double-digit declines in EV sales.
EIB and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy, and Portugal.
The new IEA report offers a first-of-its-kind global stocktake of efforts to integrate variable renewables across 50 power systems, identifying best practices and key challenges.
In the context of the floods that have impacted Romania, the Raiffeisen Bank team has extended its support to civil society.
EBRD announced that is considering a €90 million sovereign loan to support the construction of a large solar-thermal plant in Novi Sad, Serbia's second-largest city.
Simtel, together with PRIME Batteries Technology, announced the signing of a partnership for the development of advanced renewable energy technologies.
Electric cars (BEV) will reach 20-24% market share in 2025, according to Transport & Environment (T&E) modeling based on sales in the first half of this year and sales forecasts.
The Romanian Competition Council announced its analysis of the deal through which Greece's Public Power Corporation (PPC) plans to acquire the operators of the Fântânele-Cogealac wind farm.
Photon Energy has connected a new 7.5 MWp solar photovoltaic (PV) power plant to the grid in Romania, marking its twelfth operational plant in the country.
Eurowind Energy signed a Shares Purchase Agreement in August for the acquisition of different projects totaling 11 PV projects of 5MW AC each.
Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.
The European Commission has approved a €682 million Belgian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.
The Society for the Administration of Energy Participations (SAPE SA) has received funding from the National Recovery and Resilience Plan (PNRR) for its energy storage project using green hydrogen.
Bulgarian investment fund Sofia Angels Ventures (SAV) participated in a €3 million funding round for UK-based, Romanian-founded energy tech startup Ogre AI.
The European Commission has published the State of the Energy Union Report 2024 which describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission's mandate.
With support from the EBRD, Romania has introduced a Contract for Difference (CfD) mechanism this week aimed at developing renewable energy infrastructure.
The European Investment Bank (EIB) will finance the construction of a new wind farm in Lower Austria with an initial loan of €20.1 million to WEB Windenergie AG (W.E.B).
EBRD will provide a loan of €55 million to Turkey's Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity.
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.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
