The two companies installed a 1,409 KW solar system at Shopping City Piatra Neamţ and a 450 KW solar system at Selgros Craiova last year.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
This observation illustrates that the wind resource is very stable from one year to another at a global scale whereas, the annual production can vary within a 25 % range.
The European Commission has granted approval for Greek measures totaling €1 billion aimed at supporting two initiatives for the generation and storage of renewable energy.
Mercedes-Benz has revealed its intention to initiate testing of an 11-megawatt-hour system at its Rastatt car factory in Germany, commencing in 2025.
Looking ahead to 2030, Ursus aims for carbon neutrality, reduced emissions, sustainable sourcing, and increased diversity within its leadership.
Romania will launch its first auction of renewable energy projects under a contract-for-difference (CfD) scheme recently approved by the European Commission.
EBRD and French asset manager Eiffel Investment Group supported solar energy development in Poland.
The overarching goal is for Hidroelectrica to emerge as a leading force and pivotal player in Romania's energy transition.
Renewables are set to make up more than one-third of total electricity generation by early 2025, overtaking coal.
The paper producer Pehart Tec Grup SA will install a 2 MW photovoltaic system with storage.
nextE has announced the signing of a corporate PPA for a solar plant in Romania with an installed capacity of over 50 MW.
Diageo has set a complex 10-year ESG action plan called “Society 2030: Spirit of Progress” which outlines its commitments and actions for a more sustainable future, says Gergely Abraham, Corporate Relations Director Eastern Europe at Diageo.
Simtel has announced the completion of the largest photovoltaic power plant installed on the roof of a single building in Romania, namely the Dedeman Turda logistics center.
The world has added 50% more renewable capacity in 2023 than in 2022 and the next 5 years will see the fastest growth yet.
Rezolv Energy has secured a license for its 229 MW St. George solar project to be built at the former Silistra airport in Silistra municipality, northeastern Bulgaria.
The company Photon Energy N.V. has announced that its branch in Romania, Photon Energy Engineering Romania, has completed and connected to the grid another photovoltaic plant.
Auchan Retail Romania has announced that it continues investing in its green energy transition.
Croatian oil and gas company INA has announced it plans to invest €40 million ($46 million) in a biogas/biomethane plant using agricultural waste.
Braşov City Hall has signed a contract worth over RON 75 million (€15 million), partially financed from non-refundable funds, for the construction of a park of photovoltaic panels.
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.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
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.
