Visual Fan announced the completion of a new photovoltaic project. This consisted of designing and implementing five photovoltaic plants with a total capacity of 1.3 MW.
Leading multilateral development banks (MDBs) unveiled their joint vision on MDBs' role in supporting the circular economy.
The European Union will spend €3.5 billion to protect the oceans and promote sustainability through a series of initiatives to be implemented this year.
The European Commission intensified its endeavors to bolster the solar industry in Europe through the European Solar Charter.
As the global imperative for sustainable business practices continues to intensify, companies worldwide are facing the challenge of adapting to this evolving landscape.
European Parliament embraced plans aimed at facilitating the incorporation of renewable and low-carbon gases, notably hydrogen, into the European Union's gas market.
CMS provided counsel to PPC on a groundbreaking collaboration pact with Mytilineos Energy & Metals, marking a significant stride in the development of a solar portfolio.
EBRD has extended a €108.3 million loan to Olympic Commercial and Tourist Enterprises SA (Avis Greece) to facilitate the electrification of its car fleet.
The European Council officially ratified a revised directive aimed at improving the energy performance of buildings.
The European Council has adopted the Euro 7 regulation, marking the final step in the decision-making process.
Romanian engineering and technology company Simtel Team, along with another independent company, will develop a photovoltaic power plant in Satu Mare.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
Greenvolt Group has made its debut in the Romanian market within the Distributed Generation segment.
Kaufland's operational achievements in sustainability in 2023 are recognized for the fourth consecutive year.
Daimler Truck & Bus Romania continues for the fourth consecutive year the endeavor to reforest a disadvantaged area, this time in the commune of Sinești, Ialomita county.
RetuRO is initiating a procurement process for the acquisition of plastic bags intended for use by retailers.
The European Union has initiated an investigation into Chinese wind turbine companies for subsidies.
Greenpeace accused IKEA of being involved in the destruction of ancient forests in Romania for furniture production.
The European Commission has given the green light to a €2.2 billion initiative proposed by Germany to bolster investments in decarbonizing industrial production processes.
This capacity is part of the first hybrid photovoltaic wind-battery project installed within the Mireasa Wind Farm.
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).
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.
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.
