Parapet, a construction company in the solar energy sector with offices in Cluj-Napoca and Nuremberg, and Blue Line Energy, a renewable energy producer, announced the completion of the construction of a 1.1 MW photovoltaic power plant. The project is installed inside the Beştepe wind park, Tulcea County.
Braşov City Hall launched a tender for the development of a photovoltaic park with a power of 20 MW. The maximum value of the purchase exceeds RON90 million (€18 million).
Simtel Team completed the largest photovoltaic project built in Romania in a logistics park for CTP Romania.
Eurohold Bulgaria has commissioned the 123 MW Verila solar park located in Dupnitsa in southwest Bulgaria, according to Enerdata. Eurohold is the group that owns the bankrupt Euroins Romania insurance company. The photovoltaic power plant is currently the largest in Bulgaria.
Purcari Wineries Public Company Limited continues its efforts in sustainability by extending its photovoltaic system located at Purcari Winery and installing a new System on the premises of Bostavan Winery. The existing Solar Panel System installed in 2022 on the rooftop of Purcari Winery's production site, was extended with an additional 300 kW.
The GalicSud SRL company is building a photovoltaic park in Mehedinți County, Izvoru Bârzii commune, Halânga village, which will have over 27,000 photovoltaic panels and will cover an area of almost 200,000 sqm. The investment received a financing of €8 million from Libra Internet Bank.
ProCredit Bank Romania has granted €2.9 million of financing to a company from the Solar Global group in the Czech Republic.
DTEK Renewables International, part of the DTEK group founded in 2005 by billionaire Rinat Akhmetov, acquires a greenfield project from the Romanian company Finas Invest SRL, which is based in Cluj-Napoca and operates on the renewable energy market. The acquisition of the photovoltaic plant with an installed capacity of 49.38 MW, located in the village of Glodeni, Mureş county, was announced by the law firm Wolf Theiss, which consulted DTEK Renewables.
The EIB Global delegation led by Vice-President Lilyana Pavlova visited Pristina to discuss cooperation opportunities aiming to strengthen connectivity, energy security, and the private sector in Kosovo. EIB intends to contribute to the transition to a low-carbon economy by supporting the development of a 100 MW solar power plant in the Obiliq area, as well as strengthening connectivity by supporting sustainable transport infrastructure.
Simtel Team wants to access credits of €100 million for photovoltaic plants with a total capacity of over 100 MWp. The decision will be approved in the General Meeting of Shareholders on April 26.
Wind and solar energy reached a record high of 12% of global electricity generation in 2022. All renewable energy sources, including nuclear power, comprised 39% of global electricity last year. Meanwhile, EU countries are lagging behind with wind power expansion.
The city of Oradea will have a photovoltaic park with over 15,000 panels. More than €16 million from European funds will be invested in this sustainable project. The photovoltaic park will be able to be managed remotely.
The manufacturer of paving stones and curbs Symmetrica will invest, until the end of this year, more than €6 million in the development of photovoltaic panel parks in 8 of its factories. The company will thus ensure a large part of its own consumption. Photovoltaic parks will reduce CO2 emissions by approximately 270,000 kg per year.
The Iasi airport will have a new passenger terminal at the end of 2023, its construction having started in the fall of 2022. It will have solar panels installed, in order to save on energy consumption. The works at the new terminal are carried out by Strabag.
Enel Green Power has started work on the construction of a photovoltaic plant with a capacity of approximately 170 MW, which will be the largest solar plant in Italy. The installation will be based on bifacial photovoltaic modules - with a technology that allows the absorption of solar energy on both the front and back surfaces. This agrivoltaic solar farm will be built in an area owned by a local company that will be working with Enel Green Power on integrating agricultural activities at the plant.
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.
The company Aerostar Bacău invests €3 million from its own sources in the implementation of a photovoltaic park. The photovoltaic park consists of over 7,000 panels, located on the roof of the buildings owned by Aerostar.
The Polish company R.Power Group is developing a project portfolio of over 1 GWp in Romania. The company plans to expand its share of this market in the coming months and sign more contracts for photovoltaic projects. It is estimated that the construction of the first projects will begin next year.
The largest photovoltaic park in Europe is being built in Arad, Romania. The investment amounts to €800 million and will start this summer, in the Pilu - Grăniceri area. The land on which the photovoltaic park will be built has an area of 1,064 hectares.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
