Romania ranks second in the region, after Poland, in terms of green energy production potential, said Alexandru Reff, country managing partner of Deloitte Romania and Moldova, in a specialized video conference on Monday.
Green Genius, a renewable energy company operating in eight European markets, wants to build 500 MW of renewable energy systems in the coming years in Romania.
Engie has started the construction of a photovoltaic park in Brăila County, located next to a wind farm that it owns.
Copper Beech Urban Development is planning a major investment of RON 745 million (€149 million) in the development of a photovoltaic park in Giurgiu County.
The airport in Iasi, where a new terminal is now being built, is the first in Romania to have a photovoltaic park.
The real estate developer Impact Developer & Contractor has completed a photovoltaic park consisting of 1,297 panels and with a total capacity of 700 kWp in the Greenfield Băneasa neighborhood of the Capital.
Renewables developer CWP Europe and GE Vernova's Onshore Wind business have teamed up to develop a massive wind and solar hybrid project in Albania.
Allview Industry-IMM, the division of the Visual Fan company that specializes in the development and implementation of photovoltaic systems for the industrial and business environment, announces the completion of a new photovoltaic project.
All energy in Romania will be green energy, starting from 2027-2030, and this is the biggest opportunity we have today in Europe, said the Minister of Economy, Entrepreneurship and Tourism, Ştefan-Radu Oprea.
Cosmic Electric Power, a company specializing in the supply and installation of photovoltaic systems, has announced a partnership with Flanco, a retailer of electronics, home appliances, and IT&C products in Romania.
Ingka Investments, the investment division of the Ingka Group, has acquired a 300MWp ready-to-build photovoltaic park in Romania as part of its commitment to a renewable energy future.
Sunwind Energy SRL, a subsidiary of the Electrica Group, and the Ministry of Energy have signed the non-refundable financing contract from the National Recovery and Resilience Plan (PNRR), for a photovoltaic park in the project phase.
More than half of Romanians (52.2%) intend to install photovoltaic systems in the next two years, according to an Atu Tech survey.
ECITIM, a Romanian start-up in the field of energy, has completed 13 photovoltaic parks during the last year.
The European Commission has set out immediate actions to support the European wind power industry.
From November 5, 2023, farmers and processors can submit projects for the realization of new capacities to produce electricity from solar or wind sources in the agricultural sector, land improvements, and the food industry.
The energy producer Hidroelectrica has completed the modernization of the Slatina Hydropower Plant, an important objective in the company's portfolio.
Garanti BBVA Leasing, part of the Garanti BBVA Group, has signed a new loan agreement with the International Finance Corporation (IFC), a member of the World Bank Group, in the amount of €20 million.
E.ON has connected the millionth renewable energy plant to its distribution system and is celebrating an energy transition anniversary.
Atria Urban Resort, a residential complex developed in the north-western area of Bucharest by EVERGENT Investments, in partnership with Cityring Development, has installed 296 solar panels that will produce energy for heating domestic hot water.
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).
