The European Commission has approved Romania's allocation of a €3 billion aid scheme to support installations producing onshore wind and photovoltaic solar energy.
The photovoltaic plants will have a total installed capacity of 1.15 MWp and are implemented in two locations of a renowned hypermarket in Romania, Baia Mare and Satu Mare.
Romsilva will plant approximately 26 million forest seedlings and will regenerate 12,087 hectares in the state-owned forest fund during the two reforestation campaigns.
Romanian businesses operating following national waste recycling legislation can receive up to €8.4 million to build a recycling plant.
EBRD and French asset manager Eiffel Investment Group supported solar energy development in Poland.
The company estimates that the project will be fully completed within six months.
This initiative aims to enhance accessibility to top-tier logistics infrastructure in both nations while contributing to Europe's transition towards sustainability.
The company Teiuș.Solar, part of the Danish group Eurowind Energy, announced the launch of the project Teiuș Photovoltaic Park.
Over 18 million packages have been collected in February through the Deposit-Return System.
Sweden led the way when it came to renewables in heating and cooling, with a 69.3% share, followed by Estonia (65.4%).
Skanska introduced its ESG+ office package, responding to evolving market dynamics and EU regulations.
Romania had 110,355 prosumers by the end of 2023, with an installed capacity of 1,442 MW.
Renovatio is set to finalize the photovoltaic project at Electrocentrale Borzesti by the end of April 2024, with a planned installed capacity of 50 MW.
EBRD has approved a €6 million loan for KAM, a leading food retailer in North Macedonia.
These contracts have been signed with the Ministry of Energy and involve a maximum funding of €50 million, while the total investment is around €140 million.
Romania has had the opportunity to solidify its energy independence and transition into a net energy exporter.
At the top of the ranking are Finland, Portugal, and France. Meanwhile, Hungary was named the worst country in the EU for gender equality in the workplace.
Swiss solar energy firm Meyer Burger announced the closing of its photovoltaic plant near Dresden in eastern Germany.
Douglas' sustainability strategy is part of the company's "Let it Bloom - DOUGLAS 2026" strategy, focused on accelerating growth through an omnichannel business model.
The total value of the €4 billion bond issuance had a final subscription of over €14.8 billion.
Restart Energy's long-term goals center around driving significant growth in renewable energy production while embedding sustainability into every facet of our operations.
Johnson & Johnson has reached the milestone of 100% renewable electricity for its operations in Europe.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale Borzești from RNV Infrastructure.
The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry.
With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, a new IEA report says.
