Electrica bought the company Sunwind Energy, which develops the photovoltaic project "Satu Mare 2", with an installed capacity of 27 MW. The project is located near Botiz commune, Satu Mare county. Also, on February 6, 2023, Electrica announced the completion of the acquisition of the company Green Energy Consultancy & Investments, which develops the "Vulturu" photovoltaic project.
Iulius Group installed photovoltaic panels on all the properties in its portfolio and will produce 5,500 MWh annually across the group. The total investment adds up to more than €3.5 million.
Global renewable energy capacity amounts to 3,372 gigawatts (GW) at the end of last year, some 295 GW or 9.6% higher than the previous year. The International Renewable Energy Agency (Irena) expects an increase in the number of employees in the renewable energy sector up to a total of 38.2 million in 2030, as investments in energy efficiency, electric vehicles, or hydrogen will increase.
DS Smith plans to build a photovoltaic park at the Zărneşti paper factory. The park would be ready in 2024, it would require an investment of €16 million and would generate approximately 19 MWh per year.
In the Republic of Moldova, the installed capacities for the production of electricity through power plants that capitalize on renewable energy sources (photovoltaic, wind, hydroelectric, and biogas cogeneration power plants) have increased three times since 2018. At the end of 2022, the power the total installed capacity was 206.81 MW, compared to 61.6 MW at the end of 2018, according to the Agency for Energy Efficiency of the Republic of Moldova.
The Dageco Expoziției Estate office building has obtained funding for the installation of 260 photovoltaic panels on the roof. The investment amounts to RON 500,000 (€100.000), without VAT, and the financing is provided by the Electric-Up program.
Italian group Enel has donated 5,700 solar photovoltaic panels to Ukraine with a total capacity of approximately 2 MW. The donated photovoltaic solar panels will cover up to 11,400 sqm of roofs of public buildings in Ukraine. They will be delivered by summer.
The Timisoara North railway station has officially entered into repairs and modernization. CFR will invest RON 21.03 million (€ 4.2 million) excluding VAT, in facade and roof works. All electrical installations will be replaced, cooling installations and photovoltaic panels will be installed.
Last year, Enel X Romania built for business customers more than 40 photovoltaic plants at the national level, an almost double number compared to the previous year. The photovoltaic plants have a total capacity of over 26 MWp and will contribute to the reduction of over 5,400 tons/year of carbon dioxide emissions.
ELI Parks, a network of class A logistics and industrial parks, is expanding with a new logistics project in Oradea, which will include two buildings, with a total area of 30,000 square meters. The project will be equipped with photovoltaic panels, having an installed power of 3MW/h.
The European Commission approves €259 million Romanian scheme under Recovery and Resilience Facility to support investments in batteries, photovoltaic cells and panels.
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 city of Timisoara in Romania will install 100 islands for the selective collection of waste and build a parking lot with 184 spaces, on which photovoltaic panels will be installed.
The Romanian company OMV Petrom, controlled by the OMV Group from Austria, plans to install photovoltaic panels in half of the gas station network by 2025.
The National Energy Regulatory Authority (ANRE) approved the establishment of new photovoltaic power plants with a cumulative power of 95 MW.
Property developer Speedwell says it will be installing photovoltaic panels on two of its office projects in Bucharest and Cluj-Napoca in a bid to make its building more sustainable.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
