Energy | 19 March, 2025 at 8:00 PM
Romanians rush to solar amid price hike fears
With electricity prices set to surge from July 1, Romanians are scrambling for solutions to avoid skyrocketing bills.
With electricity prices set to surge from July 1, Romanians are scrambling for solutions to avoid skyrocketing bills.
Simtel, together with PRIME Batteries Technology, announced the signing of a partnership for the development of advanced renewable energy technologies.
In the first part of this year, UniCredit set sustainability targets to further reduce both its direct environmental impact and the exposure of its loan portfolio to controversial sectors.
Eurowind Energy has completed the construction of the electrical transformation station and commenced the installation of photovoltaic panels at Teiuș Park.
Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
Premier Energy signed the development of two photovoltaic projects with a combined capacity of 86 MW and 18 MW of storage capabilities.
In 2023, the equivalent of 1.7 million more European homes became solar battery-powered.
Energy Minister Sebastian Burduja has signed 14 financing contracts for photovoltaic panels for municipalities and public institutions.
Renovatio Solar has installed 650 photovoltaic panels on the ANA Hotels and Crowne Plaza buildings in Bucharest.
Datacor Green Energy has built 13 photovoltaic plants for Aquabis, with a total investment of €3.0 million.
The company Teiuș.Solar, part of the Danish group Eurowind Energy, announced the launch of the project Teiuș Photovoltaic Park.
Romania's "Photovoltaic Green House" program is to have a budget of €402 million in 2024.
Brasov City Hall installed the first benches with photovoltaic panels, a contactless phone charging system, wireless internet, temperature, and pollution sensors.
Danone Romania has completed an investment of €1 million in the acquisition and installation of photovoltaic panels.
Visual Fan has recently inaugurated new photovoltaic plants with a total capacity of over 3.4 MW.
Libra Internet Bank provided financing of €17.2 million for a green energy project in Mureș County.
The first 9,566 Romanians who signed up for the Green House Program can start installing photovoltaic panels.
Grunman Energy, the company in the field of renewable energy production controlled by the Pavăl brothers, owners of Dedeman, has received a capital infusion from the parent company.
Three million photovoltaic panels received environmental approval in Arad County alone, including the largest photovoltaic park in Romania, which totals 1.79 million panels.
The "Photovoltaic Green House" program will have a budget of RON 2 billion (€400 million) for this year.
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.
