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.
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.
Purcari announced the signing of a Memorandum of Understanding (“MoU”) with the Green for Growth Fund (“GGF”), advised by Finance in Motion.
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.
Allview Solar Energy announced the completion of a 410 kWp full EPC project, featuring a Growatt WIT-100A energy storage system, for Aqua Invest.
Actis-backed Rezolv Energy has secured up to €90 million in debt financing from the IFC - International Finance Corporation and Raiffeisen Bank International AG to support the construction of the ‘St. George's Solar Park in north-eastern Bulgaria.
Johnson & Johnson has reached the milestone of 100% renewable electricity for its operations in Europe.
Restart Energy's long-term goals center around driving significant growth in renewable energy production while embedding sustainability into every facet of our operations.
Liberty Steel is working hard to improve their renewable energy sources, with the first 50MW of our proposed 250MW on-site solar farm programme already in development.
Parapet, an EPC solutions provider in the renewable energy sector, has initiated work on one of Romania's largest photovoltaic plants in Ghimpați, Giurgiu County.
Romanian tech firm Visual Fan, operating under the Allview brand, announced the completion of a 1 MWp photovoltaic (PV) plant for Saint-Gobain's Romanian division.
Restart Energy has finalized the implementation of a photovoltaic project for the company Tehno Proenergy worth approximately €900 000. The beneficiary's investment will be amortized in about 5 years.
Eurowind Energy signed a Shares Purchase Agreement in August for the acquisition of different projects totaling 11 PV projects of 5MW AC each.
With support from the EBRD, Romania has introduced a Contract for Difference (CfD) mechanism this week aimed at developing renewable energy infrastructure.
Simtel Team, in partnership with solar energy company Grunman Energy, will develop a 5 MW photovoltaic (PV) park in Bârlad, Vaslui county.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Helexia has installed 27,000 photovoltaic panels in 28 retailers Auchan and Leroy Merlin.
Rezolv Energy has awarded contracts to three companies for the construction of the 229 MW St. George solar park in Silistra, northeastern Bulgaria.
Premier Energy Group reports €534.8 million in normalized revenue for the first half of 2024, marking a significant milestone in its performance.
Achieving climate neutrality will unlock significant opportunities for development, economic growth, and technological innovation.
Hidroelectrica Group experienced a decline in operational and financial performance during the first half of 2024 compared to the same period in 2023.
PROMELEK XXI recorded a turnover of €1.66 million from the installation of turnkey photovoltaic systems in the first six months of the year.
Romania is a key market for the Coca-Cola System and for our sustainability agenda, not only because it's the right thing to do for the environment.
Deloitte Romania assisted the Turkish energy company Entek Elektrik Üretimi A.Ş., primarily engaged in the green energy sector, in acquiring Romanian companies.
The Bioderm Popești-Leordeni Clinic transitioned to green energy, fulfilling its energy needs from its own photovoltaic park, which consists of 54 solar panels producing approximately 21.6 kWh of energy.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.