Business
BAT targets 50% emissions reduction by 2030
BAT aims to achieve a 50% reduction in our Scope 1, 2 & 3 emissions by 2030 and to be Net Zero across their value chain by 2050.
Strabag and Polenergia have signed a contract for the supply of green energy from renewable sources. The contract with one of the market leaders in the construction industry was concluded by Polenergia Sprzedaż.
Raiffeisen Private Banking, Romania's leading private banking service, has reached the €1 billion mark in investment products.
PPC Renewables Romania has started the construction works of the Deleni wind farm, located in Vaslui County.
Croatian food and pharmaceutical producer Podravka has completed a €5 million investment in rooftop solar panels as part of its sustainability strategy.
Sonnedix, a global independent solar power producer, has officially opened a 21MW solar cluster in the Podlasie region of north-east Poland.
The Nokian Tyres factory in Oradea will build a photovoltaic park for its energy consumption and is inviting specialized firms to submit their bids by November 1, 2024.
Purcari announced the signing of a Memorandum of Understanding (“MoU”) with the Green for Growth Fund (“GGF”), advised by Finance in Motion.
The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, helping to put cutting-edge clean technologies into action across Europe.
EIB has signed a €120 million loan with Iberdrola to finance the development of research and innovation projects involving energy technologies.
Chimcomplex, a leader in the chemical industry in Romania, and Econic Technologies, a deep tech company focused on renewable carbon, have signed a memorandum of understanding.
Comcris Energy, a Romanian subsidiary of Enery, a leading Austrian renewable energy developer, has officially launched the Sărmăşag photovoltaic park.
The European Commission has granted today more than €380 million to 133 new projects across Europe under the LIFE Programme for Environment and Climate Action.
The European Commission has approved, under EU State aid rules, a €128 million Swedish measure to support SSAB in decarbonizing its steel production.
Photon Energy, a Dutch-based solar and clean water solutions provider, has announced the successful connection of a new 3.2 MWp photovoltaic (PV) plant to the Romanian grid.
Electrica, a Romanian state-owned utility, has secured a €3.4 million grant from the National Recovery and Resilience Plan to fund a new energy storage project.
The Romanian Ministry of Energy has approved a €3.89 million grant from the Recovery and Resilience Plan (PNRR) to construct a new solar panel factory.
Allview Solar Energy announced the completion of a 410 kWp full EPC project, featuring a Growatt WIT-100A energy storage system, for Aqua Invest.
Last year, there was the highest-ever increase in renewable energy jobs, with an 18% annual rise, a new report says.
Bog'Art, one of Romania's most important and recognized construction companies, is reinforcing its commitment to a sustainable future by publishing its first Sustainability Report.
The EBRD has approved a €4 million loan to Bosnia and Herzegovina's PMF to support residential green investments.
EU's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs.
Renault Group and SUEZ are deepening their partnership to transform waste management and recycling practices in the automotive industry.
Equilibrium becomes the first building in Bucharest to implement the digital WasteTracker system for waste management in office buildings.
PRIME Batteries Technology, Eldrive Romania and ALLSPARK Energy presented a solution for storing energy and charging electric cars.
The Lille Metropolitan area (Métropole européenne de Lille) has been awarded a green loan of €245 million by the European Investment Bank (EIB) to fund its public transport network and cycling paths.
The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland.
The European Commission acknowledged the European Court of Auditor's (ECA) comprehensive evaluation of the 2023 EU budget, as outlined in its Annual Report.
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.
EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.
EBRD plans to provide a sovereign loan of up to €100 million to enhance energy efficiency in up to 70 schools across Serbia.
Romgaz successfully concludes the first issue of bonds on the international markets.
EIB and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy, and Portugal.
The Romanian Competition Council announced its analysis of the deal through which Greece's Public Power Corporation (PPC) plans to acquire the operators of the Fântânele-Cogealac wind farm.
The Lille Metropolitan area (Métropole européenne de Lille) has been awarded a green loan of €245 million by the European Investment Bank (EIB) to fund its public transport network and cycling paths.
New car sales in the European Union dropped by 18.3% last month, with major markets like Germany, France, and Italy experiencing double-digit declines in EV sales.
