Romanians' interest in green energy solutions, such as installing solar panels, is on the rise in early 2024 compared to the beginning of 2023.
The Romanian company Arabesque, which manages a distribution chain of construction materials in the country, launched the tender for the construction of a photovoltaic system.
The world has added 50% more renewable capacity in 2023 than in 2022 and the next 5 years will see the fastest growth yet.
Baia Mare is the first hospital in Romania that will have a photovoltaic park.
Metigla, the company that offers complete solutions for metal coverings and closures, has installed photovoltaic panels on the roof of the Ceptura factory and is reducing its energy consumption from the grid by 70%.
ECITIM, a Romanian start-up in the field of energy, has completed 13 photovoltaic parks during the last year.
Orange Romania announced the installation of over 200 new solar panels on the roof of the communication interconnection center in Timișoara, in line with the Orange Group's commitment to achieve CO2 neutrality by 2040.
CIEH Soda Romania has started the production of solar energy, as a result of an investment of RON1.7 million (€340,000) in a photovoltaic park. The investment marks a new activity in the development process of the company, which currently produces liquid silicates, an important raw material for the tire industry, the detergent industry, and the paper industry, in the production of chemicals used in construction and for materials used in welding.
The market of electric and plug-in hybrid cars in Romania has accelerated growth thanks to the incentives granted through the Rabla Plus Program and the cost of use of these eco vehicles. More and more Romanians who stay at home prefer to buy electric cars due to the cost per km traveled, and the convenience offered by the fact that they charge their car at home. This includes the possibility of charging from photovoltaic panels.
By 2050, more than 200 million tons of solar panels will be out of use, according to RESPO DEEE Association data. Solar panels provide green energy and reduce carbon emissions worldwide, but their limited lifespan of up to 25 years is a serious environmental problem.
Poland-based Keno enters the Romanian market with solar systems, installation, and heat pumps. The company is already present in Germany, Great Britain, Norway, Poland, Hungary, and the Czech Republic, specializing in the production of solar panels, heat pumps, switchboards, and mounting systems.
Over 80% of Kaufland's suppliers are from Romania, and this percentage is growing year by year, says Valer Hancaș, Director of Communication and Corporate Affairs, Kaufland Romania.
The Iasi airport will have a new passenger terminal at the end of 2023, its construction having started in the fall of 2022. It will have solar panels installed, in order to save on energy consumption. The works at the new terminal are carried out by Strabag.
More than 3,000 MW of solar energy projects are to be installed in Romania in the next two years, thanks to European funds. The government is preparing green funding from the Modernisation Fund: over €1.5 billion for companies and local authorities. Romania is among the top 10 countries in alternative energy consumption.
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.
This year's Environmental Fund Administration (AFM) has a budget of over RON13.3 billion (€2.66 billion). The Casa Verde Photovoltaic program has a budget of RON2 billion (€400 million), double that of the previous session. Also, a budget of over RON1.5 billion (€300 million) is allocated for the three Rabla programs, through which the Ministry of the Environment aims to eliminate over 200,000 old cars this year.
The Polish company R.Power Group is developing a project portfolio of over 1 GWp in Romania. The company plans to expand its share of this market in the coming months and sign more contracts for photovoltaic projects. It is estimated that the construction of the first projects will begin next year.
AE SOLAR is to produce solar panels in Romania, through an investment of €1 billion in a factory, informs the Romanian Government. This would be one of the largest investments announced in recent years in Romania. In the final phase, the project will have a capacity that will reach 10 GW.
Prebet Aiud will build some production halls, for which it signed a contract of over €1 million. A photovoltaic park will be developed above these halls, considering that the company wants to become energy independent.
Tuborg Romania invested €525,000 in a system of solar panels with a capacity of 396 KWp that it mounted on the roof of the distribution centre in Pantelimon. The energy will be used for own consumption.
The company is working to advance its sustainability commitments in the four focus areas of sustainable innovation, climate, biodiversity, and inclusion, diversity and equity.
The company plans to use the funds raised through the listing to acquire renewable energy assets in Romania and Moldova.
Greenhouse gas emissions generated by the European Union's economy totaled 897 million tonnes of CO2 equivalent in the fourth quarter of 2023.
Over 500 companies from across the country are expected to attend the ESG Journey event series from May to November 2024, organized by Social Innovation Solutions in partnership with UniCredit Bank Romania.
EU Commission announced that two Chinese-owned renewable energy developers have pulled out from a public tender to build a solar photovoltaic park in Romania.
