Parapet completes Romania's first solar repowering project
Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.
Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
Zero-carbon sources made up over 40% of the electricity the world generated for the first time last year, according to new research.
Energy Minister Sebastian Burduja has approved the ministerial order for the Contracts for Difference (CfD) scheme.
Hygreen Energy and Coxabengoa have signed a strategic agreement to accelerate the production capacity expansion that will accelerate European hydrogen project development.
Simtel Team, in partnership with solar energy company Grunman Energy, will develop a 5 MW photovoltaic (PV) park in Bârlad, Vaslui county.
University Politehnica Bucharest invests in green energy. The university has signed a project worth over €5.87 million, funded through the Modernization Fund program, administered by the Ministry of Energy.
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
The Commission has adopted four guidance documents to help EU countries transpose and implement revised renewable energy and energy efficiency directives into national law.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
PPD Global, a leading distributor of premium beverages in Romania, has invested €500,000 to equip its Bucharest logistics center with modern photovoltaic panels, totaling 405 kWp of installed power.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
Helexia has installed 27,000 photovoltaic panels in 28 retailers Auchan and Leroy Merlin.
SIPEX, a major Romanian distributor of construction and finishing material, has announced a partnership with Menlo Electric.
Renewable energy sources are unpredictable. In winter, when the sun isn't shining, and the wind isn't blowing, energy production often falls short of demand.
Rezolv Energy has awarded contracts to three companies for the construction of the 229 MW St. George solar park in Silistra, northeastern Bulgaria.
Hidroelectrica has signed contracts with the Hidroserv and UCMH consortium to modernize the Vaduri, Remeți, and Arcești hydroelectric plants.
These investments will reduce local energy costs, create jobs, and improve the quality of life.
The EU-Angola Sustainable Investment Facilitation Agreement (SIFA) has officially taken effect, marking the first-ever EU agreement focused on investment facilitation.

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.