Business

Green Forum   |   16 October, 2024 at 8:18 PM

Rezolv Energy secures €90 million for Bulgarian solar park

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.

Green Forum   |   24 September, 2024 at 8:27 PM

Restart Energy completes PV project for Tehno Proenergy

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.

Green Forum   |   6 September, 2024 at 5:34 PM

Simtel and Grunman to build 5 MW solar park

Simtel Team, in partnership with solar energy company Grunman Energy, will develop a 5 MW photovoltaic (PV) park in Bârlad, Vaslui county.

Green Forum   |   4 September, 2024 at 8:36 PM

ENGIE Romania completes first hybrid plant

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.

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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.

Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.