Romanian developer Eden Capital aims to deliver by H2 2026 a new high-end residential complex in northern Bucharest with an estimated value of €130 million.
The EU has announced €175 million to improve methane reduction during the 28th UN Climate Change Conference of the Parties (COP28).
Achieving all national climate and energy goals will require adding or replacing 80 million kilometers of power lines by 2040, according to a report released by the International Energy Agency (IEA).
A wastewater treatment plant will be built on the platform of Henri Coandă Airport, the largest airport in Romania.
The mayors of 16 communes in Dâmbovița County signed 17 financing contracts through which they will modernize the public lighting system in their localities.
The state-owned drug manufacturer Antibiotice Iași made total investments worth RON 27.17 million (€5.4 million) in the first six months of the year for sustainable development.
EU and Argentina step up cooperation on clean energy transition and energy security.
The online store of security products Atu Tech triples its investments in photovoltaic systems, to over €1 million, and estimates that sales of such products will generate 15% of the total turnover. The company lists more than 600 products in the photovoltaic systems category, which covers a broad spectrum of demand, and shows that it decided to make such an investment due to the high demand for photovoltaic systems.
€159 million to be invested in the development of water and wastewater infrastructure in Iasi. The amount is financed by the EU Cohesion Policy funds within the 2014-2020 programming period. The effort is part of a vaster plan to improve water and wastewater infrastructure across Romania and in Iași County, it is complementary to the project completed in the 2007-2013 program period.
A new study finds an estimated investment gap of €6.7-8.6 billion must be closed to achieve Europe's pledged goal of placing on the EU market each year 10 million tonnes (Mt) of plastic recyclates in final products by 2025. Plastic packaging is the biggest contributor to the plastic waste problem and 25 companies are responsible for half of the world's plastic production.
Zuzanna Kurek, Investor Relations Manager and ESG Committee Member of One United Properties, spoke to Green Forum Forum about the ESG agenda of the Romanian developer and its role in growing the value of the company.
The funds, provided by RGREEN INVEST's short-term senior debt fund INFRABRIDGE III, will be used to support the construction of 14 fully merchant solar PV projects that amount to a total capacity of 76 MWp.
The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million.
EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.
As the European Union has proposed the move towards zero-emission buildings by 2030, a significant portion of the energy consumption of these projects should be covered by energy from renewable sources.
Serbian conglomerate MK Group and Slovenian investment fund Alfi Green Energy are investing €155 million in the Krivaca wind farm, in eastern Serbia.
New investors include General Atlantic's BeyondNetZero (US), GIC (Singapore), Just Climate (UK) and Porsche SE (Germany).
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
Qualitas Energy announced today the acquisition of a 117 MWp solar portfolio in Poland.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
EBRD invested €707 million in 44 projects in Romania last year, a notable increase from the €658 million invested in 23 projects in 2023.
