Energy | 11 October, 2023 at 9:08 AM
Promateris installs PV system at Buftea factory
Promateris has completed the project for the manufacture of bio-based packaging.
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.
Restart Energy has completed the construction and installation of a photovoltaic energy generation system for the Apidava company, a honey producer, as part of a partnership concluded in 2022.
The Iasi Airport is the first airport in Romania that will have a renewable energy source.
E.ON Energie Romania has announced that it supports individuals with the E.ON Solar Casa Verde solution, and offers turnkey photovoltaic systems.
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.
