EBRD and Raiffeisen Bank International are jointly providing€110 million to finance the construction and operation of two solar photovoltaic power plants.
Solar power generation is increasing more rapidly in Central and Eastern Europe than in any other region on the continent, outpacing the growth seen in wealthier and sunnier areas.
Starting from 2026, any electronic product introduced to the EU market must be easily repairable, reusable, and recyclable.
BRD Groupe Société Générale has entered into a new partnership agreement with the European Investment Fund (EIF) to guarantee loans that finance sustainable projects.
RetuRO, the administrator of the Deposit Return System, the largest circular economy project, has opened the sixth regional center for counting and sorting DRS packaging in Almăj, Dolj County, near Craiova.
This deal will support Nala Renewables' €214 million acquisition and development of a 99.2 MW onshore wind project in eastern Romania.
In the first quarter of 2024, the EU economy's greenhouse gas emissions were estimated at 894 million tonnes of CO2-equivalents.
In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU.
A new photovoltaic park is set to be constructed at Iași Airport, Romania, spanning five hectares.
Wind and solar power have reached a share of 30% of European Union (EU) electricity generation, overtaking fossil fuels for the first time.
Hidroelectrica Group experienced a decline in operational and financial performance during the first half of 2024 compared to the same period in 2023.
PROMELEK XXI recorded a turnover of €1.66 million from the installation of turnkey photovoltaic systems in the first six months of the year.
EBRD will provide a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH) to develop and construct a 50 MWp solar power plant on a former coal ash landfill site.
The German group E.ON invested €2.9 billion in the energy transition during the first half of this year, an increase of over 20% or €500 million compared to the previous year.
CMS Law Firm has advised Nala Renewables (Nala on the acquisition of a 99.2 MW onshore wind project from OX2, one of Europe's leading developers of renewable energy sources.
The European Commission has approved, under EU State aid rules, a €99.5 million Romanian measure in favor of Nokian Tyres.
DS Smith has partnered with Versuni, a leading home appliance company, to create an innovative fiber-based packaging solution for the Philips Baristina coffee machine.
Romania is a key market for the Coca-Cola System and for our sustainability agenda, not only because it's the right thing to do for the environment.
The updated Directive on industrial and livestock rearing emissions entered into force on 4 August, revising the former Industrial Emissions Directive (IED).
EIB has granted a €35 million green loan to Haizea Wind Group, a Spanish company specializing in manufacturing components for the wind energy sector.
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.
