Environment | 4 July, 2024 at 10:00 AM
ROCA Industry plans to reduce its carbon footprint by 20% by 2030
ROCA Industry has published its second Sustainability Report, made by the GRI Standards.
ROCA Industry has published its second Sustainability Report, made by the GRI Standards.
Restart Energy announced the completion of a 160 kW photovoltaic (PV) installation for guest house operator Nobilia Class in Romania.
EU has approved a €10.82 billion French scheme to support the deployment of offshore wind energy, which will help foster the transition towards a net-zero economy.
The project implemented by Vrancart Recycling is designed both as a strong economic engine for the Vrancart Group and as an important vector in supporting the local population.
Shikun & Binui Energy has secured a €49 million loan from the Raiffeisen Group for the Simleu Silvaniei Project, a 101 MW photovoltaic facility located in northwest Romania.
Entek acquired two Romanian companies owning the rights, some of which are in the application process, to a 214.26 MWdc solar power project under development,
The refurbishment works are scheduled to be completed within 84 months.
Apa Nova, the water supply and sewerage service provider for Bucharest, has published its 2023 sustainability report.
Clean electricity generation in Europe reached unprecedented levels. In the first half of 2024, renewables accounted for over 50% of total power generation.
GreenWEEE inaugurates the third WEEE recycling plant in Buzău and a recycling line for electric motors, a national first.
Hidroelectrica has inaugurated the Microcentrala (MHC) Poiana Ruscă, marking the completion of its first investment project with external financing.
Raiffeisen Bank Romania publishes its Sustainability Report, presenting information about the company's non-financial performance and its economic, social, and environmental impact.
Over 70% of Romanians believed that solutions to current societal sustainability issues require a collective effort (both from citizens and public and private institutions).
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 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.
