Green Forum
| 19 June, 2024 at 8:00 AM
DRI acquires its third photovoltaic park in Romania
DRI continues its investments in Romania with the acquisition of a 126 MW photovoltaic park in Văcărești, Dâmbovița county.
DRI continues its investments in Romania with the acquisition of a 126 MW photovoltaic park in Văcărești, Dâmbovița county.
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
Romanian brewing companies have invested in advanced wastewater treatment plants to treat and reuse water and reduce the pollution load on local water bodies.
This campaign reflects their commitment to achieving climate neutrality across their entire business by 2040.
Eurowind Energy announced that it has obtained the construction permit for the Frumusița wind farm in Galati County.
Premier Restaurants Romania, the operator of the McDonald's restaurant chain in Romania, has published its sustainability report for the year 2023.
OMV Petrom will invest approximately €750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.
Visual Fan in association with Waldevar Energy, announced the signing of a contract with Rondocarton S.R.L. for the implementation of a 1 MWp Full EPC project.
DS Smith has achieved a major environmental milestone by replacing over 1.2 billion pieces of plastic with eco-friendly alternatives.
OMV Petrom has solidified its collaboration with Renovatio through a new acquisition venture in Romania's photovoltaic sector.
Urgency is one of the biggest challenges in implementing sustainability strategies.
The wind farm is scheduled to become operational in 2025.
Agrovoltaics, a subsidiary of Restart Energy Group, signed the agreement, marking a significant milestone in developing a 500 MW photovoltaic park in Simand, Arad County.
UniCredit acted as Joint Global Coordinator and exclusive ESG Advisor in the context of Premier Energy's IPO.
BSOG Energy will develop biogas plants throughout the country, with each site estimated to have a capacity of at least 15 MW.
Transelectrica signed a Memorandum to establish a joint venture, headquartered in Romania, for the implementation of the "Green Energy Corridor" project.
The future of ESG (Environmental, Social, and Governance) in Romania appears promising.
EBRD purchased 11% of the shares offered during Premier Energy's initial public offering (IPO), investing €15.5 million.
Renovatio Solar has installed 650 photovoltaic panels on the ANA Hotels and Crowne Plaza buildings in Bucharest.
The European Commission has approved a €4 billion French State aid scheme designed to support the decarbonization of the manufacturing sector.
PepsiCo announced the acquisition of its first electric truck, the Volvo FM Electric 4x2 model.
Restart Energy has completed two photovoltaic projects for Com Divers, with a total value of over €300,000.
Nestlé has pledged to decrease its greenhouse gas (GHG) emissions by 20% by 2025, halve them by 2030, and attain net zero by 2050.
The total added value generated by the Group and its collaborating franchisees reached €2.1 billion in 2023, marking a 30% increase from 2022.
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.
