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.
ArcelorMittal Poland, a subsidiary of the global steel giant ArcelorMittal, has begun commissioning new hydrogen furnaces in its annealing shop in Krakow.
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.
The International Energy Agency's Global Hydrogen Review 2024 reports that the production of low-emissions hydrogen projects that reached final investment decisions has doubled in the past year.
MEPs and the Spanish Presidency of the Council informally agreed on plans to facilitate the uptake of renewable and low-carbon gases, including hydrogen, on the EU's gas market.
Bulgaria aims to be among the 20 countries in the world with a working hydrogen valley, says Minister of Innovation and Growth in Bulgaria, Milena Stoycheva.
The President of Romania, Klaus Iohanis, has promulgated the Law on the integration of hydrogen from renewable sources and with low carbon emissions in the industry and transport sectors.
The Bosch Group focuses on sustainability in all areas of activity. The group has invested €83 million in Romania in 2022, mainly in the development of production units in the Electro-mobility Solutions business sector in Cluj and Blaj, as well as in the field of research and development, within the Bosch Engineering Center in Cluj, says Mihai Boldijar, general manager of Robert Bosch and representative of the Bosch Group in Romania.
Poland and Japan have signed an MoU which will deepen hydrogen cooperation between the two countries. The agreement aims to deepen bilateral cooperation in the production of renewable, low-emission hydrogen and the development of a “sustainable and affordable” hydrogen supply chain in the areas of energy, transport, heating, and industry.
A hydrogen factory will be built in Galati, on the site of the Siderurgic Complex, as a result of a project worth €32 million that would be financed directly by the European Commission. Hydrogen is seen as an alternative to fossil fuels.
Several Romanian companies receive money from the state through PNRR for green hydrogen production. The Ministry of Energy signed financing contracts for 7 projects to build green hydrogen production capacities.
Romania to get €16 million from the European Commission for mobility projects. 26 projects from 12 member states are selected to benefit from subsidies worth €188.8 million to finance the construction of charging points and refueling stations hydrogen.
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.