Business | 2 May, 2024 at 7:00 AM
Eurostar to power trains entirely with renewable energy by 2030
Eurostar has committed to power its trains entirely with renewable energy by 2030.
Eurostar has committed to power its trains entirely with renewable energy by 2030.
The Ministry of Energy in Romania has launched two project calls in new capacities for electricity production from renewable sources for self-consumption.
Premier Energy Group announced its intention to launch an initial public offering of ordinary shares on the Bucharest Stock Exchange.
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.
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.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
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.
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).
