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.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
