Tag: renewable energy (404 articles)

Energy   |   18 July, 2023 at 9:30 AM

Romania to have "green" power plants of 735 MW

Romania will have access to more clean energy in the coming years and by the end of next year, capacities of 735 MW of installed power could be put into operation, says the Minister of Energy, Sebastian Burduja.

Energy   |   11 July, 2023 at 9:30 AM

Severnav Shipyard to build its first PV power plant

The Severnav Shipyard is building its first photovoltaic power plant. It will be located within the premises of the unit and will be built with non-reimbursable funds, through the National Recovery and Resilience Plan.

Finance   |   5 July, 2023 at 10:00 AM

OTP Bank Romania enhances commitment to sustainable financing

The banking sector in Romania has made notable progress in aligning its practices to evolving ESG standards and regulations aimed to support the EU's ambitious decarbonization targets, says Gyula Fatér, CEO of OTP Bank Romania. He talked to Green Forum about the role that ESG currently plays in the decision-making process at OTP Bank Romania.

Energy   |   4 July, 2023 at 1:00 AM

Brick store in Constanta invests €200,000 in PV panels

DIY company Brick Romania started a project last year to implement green energy solutions for its work units. The Brick store in Constanța benefited from an investment of RON1 million (€200,000) in photovoltaic panels, which provide approximately 35% of the energy requirement.

Energy   |   28 June, 2023 at 10:30 AM

Energy renovation rate in Romania should triple

The construction sector has a central role in achieving the climate and energy objectives set by the EU EPBD Directive and approved by the European Parliament in March this year, with deadlines for 2030 and 2050 respectively. According to the Association for the Promotion of Energy Efficiency in Buildings (ROENEF), the construction sector represents approximately 8.2% of the EU GDP, respectively 10% of total employment.

Energy   |   27 June, 2023 at 3:15 PM

Preserves manufacturer Vascar installs PV system in Vaslui

Vascar, one of the main producers of meat preparations and preserves in Romania, installed a system of photovoltaic panels worth RON3 million (€600,000) close to the production unit in Vaslui. The project consists of 1,400 panels, on an area of 12,000 sqm, with an installed power of 770 kWp, the company says in a press release.

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Cost remains main driver and biggest barrier in sustainability
Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Environment

Nearly 772 million liters of water are lost annually due to leakages

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.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

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.