Tag: renewable energy (393 articles)

Energy | 20 March, 2023 at 8:23 AM

Romania secures €1.4 billion for energy independence

The Ministry of Investments and European Projects launches the REPowerEU chapter in public consultation, which will bring Romania €1.4 billion for energy independence. The amount will be used for strategic investments in the key area of energy security, which will allow the creation of clean energy production and storage ecosystems (hydropower, photovoltaics). The set of proposed measures will have a positive impact in supporting the acceleration of Europe's clean energy transition.

Energy | 14 March, 2023 at 11:45 AM

Kajima acquires 70% in Poland's leading photovoltaic installation company

Kajima and Griffin Capital Partners acquired a 70% stake in Hymon, Poland's leading photovoltaic installation company. Hymon has a track record of approx. 472 MW installed photovoltaic capacity.

Energy | 12 March, 2023 at 12:20 PM

Aerostar Bacău invests €3 million in photovoltaic park

The company Aerostar Bacău invests €3 million from its own sources in the implementation of a photovoltaic park. The photovoltaic park consists of over 7,000 panels, located on the roof of the buildings owned by Aerostar.

Energy | 3 March, 2023 at 3:50 PM

EDP to invest €21 billion in renewable energy

The EDP Group will invest €25 billion by 2026, of which €21 billion are focused on new renewable sources. EDP makes its repeated commitment to stop using coal by 2025, and to generate 100% from renewable sources by 2030.

Energy | 1 March, 2023 at 12:12 PM

Hidroelectrica to publish its first sustainability report

Hidroelectrica, a producer of renewable energy, wants to publish its first sustainability report. Last year, the state-owned company had a net profit of RON 4 billion (€800 million).

Mobility | 1 March, 2023 at 8:51 AM

Bucharest metro operator Metrorex buys renewable energy

The subway transport company from Bucharest, Metrorex, has launched a tender for the purchase of electricity for one year in the electronic public procurement system. It is advantageous who offers more energy from renewable sources.

Energy | 27 February, 2023 at 5:09 PM

Green energy is ”the star of investments" in the energy sector in Romania

After about 10 years, green energy is once again the star of investments in the energy sector in Romania, says the state secretary of the Ministry of Energy, George Niculescu.

Energy | 16 February, 2023 at 4:13 PM

Romania to introduce law on biomass and renewable energy produced on the Black Sea

Romania will have a law on biomass and a law on renewable energies that can be produced on the Black Sea. The projects are being worked on in the Romanian Senate, which is looking for the best legislation in this regard.

Energy | 15 February, 2023 at 5:21 PM

Enery Power Holding to acquire an 81 MW renewables portfolio

BCR together with Erste Group arranged senior credit facilities for Enery Power Holding to acquire an 81 MW renewables portfolio.

Regulation | 13 February, 2023 at 3:46 PM

European Commission sets out rules for renewable hydrogen

European Commission sets out rules for renewable hydrogen. Hydrogen is also a key pillar of the REPowerEU Plan to get rid of Russian fossil fuels.

Energy | 3 February, 2023 at 9:58 AM

Electricity from renewable sources on the rise

In absolute terms, the production of electricity from renewable energy sources increased by almost 5% from 2020 to 2021.

Business | 25 January, 2023 at 8:09 AM

New renewable energy company enters the Hungarian market

Biggeorge Holding and Energy Independence Ltd. have founded a company providing renewable energy services. After its formation, the new joint company, 8G Energy Holding Zrt., acquired Solarkraft Home Zrt. owned by Energy Independence, which will continue to operate under the name 8G Energy Solutions Zrt. in the future, according to a statement by Biggeorge.

Regulation | 25 January, 2023 at 8:05 AM

Statistical fraud busted, Hungary manipulated renewable energy data the most

According to the International Energy Agency (IEA), even though the share of renewables in the energy mix is increasing across the European Union, pollution has increased: more and more member states are counting firewood as a green solution, while carbon emissions are still rising. Hungary is one of the biggest statistical tricksters.