The European Investment Bank (EIB) will provide up to €30 million to co-finance one of Romania's largest onshore wind projects, Pestera II, located near Constanta on the Black Sea coast.
Visual Fan, through its renewable energy division Renewable EPC by Allview, has secured a contract to design and build a photovoltaic park of over 5 MW in Reșița, Caraș-Severin County.
By 2027, the PPC Group plans to invest over 10 billion euros, focusing primarily on green energy, network modernization, and technological innovation.
EDP Energia Polska has signed an agreement with Cemex Polska to install and operate photovoltaic (PV) systems with a total capacity of 14 MWp across eight of Cemex's plants in Poland.
Photon Energy N.V. has signed a contract with Greenvolt Power and part of Greenvolt Group, to provide asset management for the Client's Királyegyháza solar PV power plant.
Holcim Romania has made an investment of over €700,000 in the Stăncești aggregates plant.
The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.
PGE Polska Grupa Energetyczna has contracted LG Energy Solution Wrocław to build a 262 MW, 981 MWh electricity storage facility in Żarnowiec, valued at €372 million. Completion is expected by Q2 2027.
Greenvolt Next entered the local market in the last quarter of 2023, supporting Romanian companies with innovative solutions for generating and consuming electricity through customized photovoltaic systems (rooftop, ground-mounted, carports), energy efficiency interventions, solar storage, and electric mobility.
The European Commission and the European Investment Bank (EIB) Group are collaborating with national promotional banks (NPBs) and international financial institutions (IFIs) to create new financing opportunities for affordable and sustainable housing across Europe.
OMV Petrom, the leading integrated energy producer in Southeast Europe, will supply Cluj International Airport Avram Iancu with Sustainable Aviation Fuel (SAF) starting in 2025.
Eastern European solar energy operator GoldenPeaks Capital has signed a power purchase agreement (PPA) with NGK Ceramics Polska.
Romania has set ambitious targets to reduce greenhouse gas emissions by 78% by 2030 and achieve climate neutrality by 2050.
RenewAcad, a certified renewable energy training center operated by Wind Power Energy, launched a new project on March 5 in Petrila.
Renewable energy use in heating and cooling continues to grow across the EU, reaching 26.2% in 2023—the highest level since records began in 2004 (11.7%).
OMV Petrom, in partnership with Save the Children Romania, is investing €1.5 million to renovate Polizu Maternity Hospital, the largest facility of its kind in Romania.
Eurowind Energy, a Danish company specializing in the development and operation of wind, solar, and hybrid projects, has announced plans to develop a significant wind energy project in Botoșani County.
Swiss-based MET Group has commenced construction on an 80 MWp solar project in the Răscăeți municipality, Dâmbovița County.
E.ON Energie Romania completed and delivered 34 turnkey photovoltaic power plants last year for partner companies across various industrial sectors, with total investments nearing €10 million.
Iberdrola has signed a power purchase agreement (PPA) with Pam Panorama, a long-established Italian hypermarket and supermarket chain, for a total of 1,000 GWh.
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.
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.
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.
