OMV Petrom SA has signed a six-year contract with Expur to purchase fully refined vegetable oil, with the option to extend the agreement for an additional two years.
In 2023, renewable energy emerged as the leading source of electricity in the EU, accounting for 44.7% of total electricity production.
Under EU State aid rules, the European Commission has given the green light to a €265 million Swedish measure to support H2GS AB in establishing a large-scale green steel plant.
BayWa r.e., the Romanian unit of a prominent German renewable energy developer, has acquired a photovoltaic (PV) plant situated in Constanta County.
Restart Energy has completed the construction and installation of two photovoltaic power plants for Aquaserv, with a total value exceeding €600,000.
The European Commission has launched the Climate City Capital Hub, a finance resource to support cities participating in the EU Mission on Climate-Neutral and Smart Cities.
Rompetrol Rafinare has upgraded the Hydrogen Power Plant (HPP) at the Petromidia refinery with an investment of nearly €9.1 million.
The project will convert the 400 kV overhead electric line (OHL) between Isaccea and Tulcea West from a single circuit to a double circuit.
FF Ventures has entered the Romanian market and plans to develop 500 MW of solar projects and 500 MW of energy storage projects over the next three years.
The European Union has allocated €2.967 billion through the Modernisation Fund to support 39 energy projects across 10 EU Member States.
PepsiCo achieved several goals ahead of schedule, introduced new targets, and made significant strides in others, although challenges remain, particularly in packaging initiatives.
Investments in renewable energy remain below the level needed to meet COP28's goal of tripling green energy capacity by 2030.
However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.
Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.
Econergy has signed an agreement to sell its Niculești solar project to Enspire Enerji, investment branch of Turkey-based Entek Elektrik.
Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network.
The European Commission has launched the European Solar Academy, the first in a series of EU Academies to be set up under the Net-Zero Industry Act (NZIA).
Ember estimates that 20% of global electricity generation across midday peaks on the solstice today will come from solar and in the entire month of June.
This partnership involves virtual Power Purchase Agreements (vPPAs) for clean power generated by Rezolv's impressive Vifor wind farm in Romania.
The energy transition is a central priority for ENGIE, both worldwide and in Romania.
HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.
Holcim has inaugurated a new solar park adjacent to its cement plant in Királyegyháza, Hungary, marking a significant advancement in the company's sustainability initiatives.
ENGIE Romania has completed the acquisition of a 54 MW wind power project located in Mereni, Constanța County.
ENEVO Group has announced the successful completion and commissioning of its photovoltaic park in Teiuș.
