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.
E.ON Energie Romania has completed the construction and installation of three photovoltaic energy generation systems for the AgranoLand company, as part of a partnership concluded in 2022.
Romania requests, through the RePowerEU mechanism, substantial European funds for subsidizing the installation of photovoltaic panels for natural persons. It is about €400 million, the amount that could be included in some kind of complementary program to the program of the Environmental Fund Administration for the installation of photovoltaic panels on residential homes.
The online store of security products Atu Tech triples its investments in photovoltaic systems, to over €1 million, and estimates that sales of such products will generate 15% of the total turnover. The company lists more than 600 products in the photovoltaic systems category, which covers a broad spectrum of demand, and shows that it decided to make such an investment due to the high demand for photovoltaic systems.
Wetterbest is expanding its product portfolio with photovoltaic plants for the residential segment, autonomy in electricity consumption, and even energy independence. The company has three types of photovoltaic systems: on-grid, hybrid, and off-grid.
Changing the heating system and replacing doors and windows can reduce the carbon emissions of a single-family home by more than 80 percent, according to a CO2-Optimist study by the Swiss research institute EMPA for E.ON. It shows that poor insulation and outdated heating systems lead to above-average energy consumption and higher costs.
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.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.