The Romanian Minister of the Environment, Mircea Fechet, will launch two funding programs for the agricultural sector, financed by the National Recovery and Resilience Plan.
The report urgently calls for an institutional response to ensure an equitable transition and proposes metrics to increase transparency on equity implications.
This loan aims to enhance these firms' access to leasing finance and strengthen their resilience.
UniCredit Bank has been declared by the British magazine as the Best Bank in Romania for Companies and ESG.
The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
The EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable raw materials.
European Union initiatives will make traveling by train in Europe more sustainable.
The European Commission granted a total of €67.4 million in financial aid to support works & studies for cross-border renewable energy projects.
The European Bank for Reconstruction and Development (EBRD) provided a loan of €100 million to the distribution subsidiaries of Public Power Corporation SA.
Renewable energy production in Italy surged by 27.3% in the first half of 2024 compared to the same period in 2023.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
It would cause more harm than good, violate national and EU laws, and undermine Romania's international commitments to halt natural destruction.
The European Commission has selected 134 transport projects to receive over €7 billion in EU grants from the Connecting Europe Facility (CEF).
Restart Energy completed 395.6 kW photovoltaic (PV) installation for local auto parts maker Thyssenkrupp Bilstein.
A significant majority of people worldwide want their countries to switch to clean energy as quickly as possible to combat the climate crisis.
European Commission launched the #WaterWiseEU campaign to create a water-resilient Europe by 2050.
In 2022, environmental tax revenue in the EU amounted to €317.2 billion, representing 2.0% of the EU's gross domestic product (GDP).
Minister of Energy has signed 24 financing contracts aimed at supporting investments in new electricity production capacities from renewable sources.
Electrica has completed the acquisition of the project company New Trend Energy having as its main object of activity the generation of energy from photovoltaic sources.
RetuRO is opening its fifth counting and sorting center in Nicolae Bălcescu, Bacău County.
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.
