By the end of 2021, solar accounted for almost 10% of Bulgaria's installed capacity at 1.2 GW, but only 3% of electricity production at around 1.5 TWh.
Eurohold owns the Euroins insurance company, one of the largest in Romania and the leader of the RCA policy market, which recently went bankrupt. However, the company has been active in the Bulgarian energy market for some time, buying the assets of the Czech energy group CEZ in the Balkan country for €335 million.
Real estate developer Portland Trust has sold a photovoltaic project in Dâmbovița County, which occupies an area of 290 hectares and could power a city the size of Brăila.
CCE Holding, a company specializing in the development and implementation of renewable energy projects, is starting the construction of its first photovoltaic park in Romania.
The mayor of Timisoara, Dominic Fritz, has announced that the City Hall wants to build a photovoltaic park in the west of the city, close to the Freidorf industrial area.
The National Power Transmission Company Transelectrica SA has got €56.2 million through the REPowerEu component of the National Recovery and Resilience Plan (PNRR).
Engie has started the construction of a photovoltaic park in Brăila County, located next to a wind farm that it owns.
Copper Beech Urban Development is planning a major investment of RON 745 million (€149 million) in the development of a photovoltaic park in Giurgiu County.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
