Poland has committed €640 million from its National Recovery and Resilience Plan (KPO) to advance hydrogen technologies, marking a major step toward a greener economy.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
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.
EBRD is financing the first private energy deal led by a foreign investor to add renewable generation capacity in Ukraine since February 2022.
The European Commission has approved an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources.
Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
The European Commission has approved a €1 billion Slovak scheme to support investments for the equipment production necessary to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan.
The EU has responded effectively to the crisis, looks to the future, and accelerated the green transition.
The European Parliament agreed on its negotiating position for talks with EU governments on a new law to make products in the EU more sustainable.
The European Union's Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernize their energy systems, reduce greenhouse gas emissions in energy, industry, and transport, and improve energy efficiency. It is the joint largest disbursement to date and will boost Europe's green transition.
Raiffeisen Bank enters the market with the second tranche of the sustainable bond issue, which amounts to approximately RON 490 million (€98 million), for which it must pay an interest rate of 8.29% per year.
The European Commission approves a scheme of Romania worth €103 million, within the Recovery and Resilience Mechanism, to support the construction of electricity storage facilities. The purpose of this measure is to support investments in electricity storage facilities, thus contributing to the EU's strategic objectives related to the green transition.
The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition. Global investment in the green transition is set to triple by 2030 from $1 trillion last year.
The European Commission approves €259 million Romanian scheme under Recovery and Resilience Facility to support investments in batteries, photovoltaic cells and panels.
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.
