Polenergia, the largest private energy group in Poland, has begun the technological commissioning of its Szprotawa photovoltaic farm—its most ambitious solar project to date.
TenarisSilcotub has finalized its first renewable energy project with the completion of a 20 MW solar park, developed through an investment of €20 million.
Restart Energy completed 395.6 kW photovoltaic (PV) installation for local auto parts maker Thyssenkrupp Bilstein.
Construction will start in the first part of 2024, with the aim for the wind farm to become operational by the end of 2025.
Romania's "Photovoltaic Green House" program is to have a budget of €402 million in 2024.
Renovatio is set to finalize the photovoltaic project at Electrocentrale Borzesti by the end of April 2024, with a planned installed capacity of 50 MW.
Visual Fan has recently inaugurated new photovoltaic plants with a total capacity of over 3.4 MW.
In 2023, only 6% of electricity consumption represents renewable energy in the Republic of Moldova.
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.
