E.ON Energie Romania has completed the construction and installation of a photovoltaic energy generation system for the Printmasters company, from Maramureş County, as part of a partnership concluded this year.
Naxxar Renewable Energy Management Holding has entered into a conditional agreement with Polenergia, for the sale of a substantial 60% stake in the development vehicle of the NX4 Wind Farm, one of the largest onshore wind energy projects in Romania and, by extension, also in Europe.
FAN Courier has invested €1.8 million in a photovoltaic panel installation, and the electric vehicles in its fleet will soon be charged with green energy produced "in-house", said Adriana Manu, FAN Marketing & Communication Director Courier, for Economica.net.
Promateris has completed the project for the manufacture of bio-based packaging.
The participants in the grid connection process encounter legislative barriers, bureaucratic barriers, and barriers associated with financing, but also some generated by the insufficient development of the electrical transmission and distribution networks.
Vantage Towers, a leading European infrastructure operator, is currently exploring the possibility of implementing in Romania some of its sustainable initiatives, based on green energy, that are tested in the present in some other European markets.
The European Commission has approved a €193 million Lithuanian scheme to support offshore wind farms to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan.
The total amount of sustainable loans granted by Raiffeisen Bank last year exceeded €500 million and the entire portfolio of green products for corporate customers reached €435 million, says Laura Mihăilă, Director of Marketing, Communication & CX at Raiffeisen Bank Romania. She talked to Green Forum about Raiffeisen Bank Romania's ESG strategy and the measures the bank is implementing to reduce the negative environmental impact.
Compania de Apa "Someș" S.A., a company operating under the Cluj County Council, has signed the financing contract for the "Photovoltaic power plant installation" project.
A very important project that Hidroelectrica is currently considering is an investment of around 1,500 MW in floating photovoltaic panels.
Romania is one of the countries that has undertaken a very ambitious decarbonization plan, says the Minister of Energy, Sebastian Burduja.
State-owned coal and power producer Elektroprivreda Crne Gore (EPCG) received urban planning and technical requirements from the government in Montenegro for a solar power project with a peak capacity of 47 MW in Nikšić.
In the coming years, Romania has at its disposal unprecedented European funds of billions of euros for the transition to an energy sector with low emissions.
The company TMK Hydroenergy Power, part of the CEZ Group in Romania, is building the first floating photovoltaic energy system in Romania in Caraș-Severin County, on the stilling lake of the Grebla hydroelectric plant.
Econergy, one of the most active investors in the renewable energy sector in Romania, has obtained the connection approval for a new renewable energy project, according to public data.
An investment of $37 trillion is needed by 2030 to finance the energy transition, of this, $19 trillion at most is already committed, leaving an investment gap of $18 trillion, according to Boston Consulting Group.
Nuclearelectrica has signed a Letter of Intent with the Three Seas Initiative Investment Fund to explore the possibility of collaboration in the renewable energy production sector in Romania, in order to achieve common strategic objectives.
MEPs back plans to boost the use of renewable energy.
At the national level, there are about 5.6 million houses where photovoltaic systems can be installed, and the market potential is €24 billion.
The electricity market needs new operating rules to integrate green energy and reach the net zero goal, a PwC report shows.
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).
