Energy | 2 April, 2025 at 4:00 PM
Romanian prosumers expand rapidly
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.
Swedish fashion retailer H&M Group has entered a solar power purchase agreement (PPA) with Polish solar energy developer R.Power SA.
Wind and solar power have reached a share of 30% of European Union (EU) electricity generation, overtaking fossil fuels for the first time.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
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.
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.
