Energy | 24 January, 2024 at 11:30 AM
Pehart Tec Grup to install 2 MW PV system on Dej industrial platform
The paper producer Pehart Tec Grup SA will install a 2 MW photovoltaic system with storage.
The paper producer Pehart Tec Grup SA will install a 2 MW photovoltaic system with storage.
Vrancart, the producer of corrugated cardboard, signed a financing contract with the Ministry of Energy, through the National Recovery and Resilience Plan (PNRR), in order to build a photovoltaic park with a power plant, in the town of Adjud, Vrancea County.
Pehart Group has reduced energy consumption by 10% through machinery reengineering for tissue paper production.
Pehart Group, the leading producer of household paper products in Romania and one of the largest tissue paper producers in South-East Europe, is investing this year more than €20 million in the energy efficiency of the production lines of its two factories in Petrești-Sebeș and Dej.
The introduction of the electronic signature will help save around 1,200,000 sheets of paper in 2023, which means 120 trees saved. CreditAmanet, a Romanian company specializing in short-term lending services and currency exchange, details three good practices that transform the business into a sustainable one.
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.
