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CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

Romania's Romgaz plans to purchase photovoltaic and wind parks

Green Forum

18 March, 2024 at 8:00 AM

Romanian natural gas producer Romgaz announced the intention to expand its renewable energy portfolio by acquiring photovoltaic parks and wind farms, each with a capacity ranging from 35 to 100 MW.

Romgaz has issued a call for offers, seeking developers with projects featuring completed feasibility studies and technical-economic documentation, financed through public funding.

The company intends to purchase photovoltaic parks and/or wind parks meeting specific criteria. These criteria include a production capacity ranging from 35 MW to 100 MW, a "ready-to-build" status. Additionally, prospective projects must demonstrate proof of land usage rights for the entire operational period of the parks and valid ATR ownership documentation.

Offers must include grid connection approvals and proof of land use rights covering the project's operational period. Submission deadline is April 3.

Companies from Romania to access over €800 million of funds for green energy investments

More than €800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks.

Finance

EBRD invests €35 million in first green bond issued by Erste Croatia

EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.

Environment

ALRO invests €2.5 million in heat treatment furnace to reduce CO2 emissions

ALRO has purchased an aluminium aging furnace with electric heating from SECO/WARWICk.

Energy

Oradea builds photovoltaic park with European funds

Eight companies or associations of companies have submitted bids for the construction of the photovoltaic park next to the Multipurpose Hall Oradea Arena.

Mobility

Arctic introduces 100% electric utility vehicles to its fleet

The initiative is part of the company's sustainability strategy and a first step in the transition to a green fleet.

Environment

Romania ranks last in EU for municipal waste production and recycling

In 2022, Romanians were in last place in the European Union in terms of municipal waste production and recycling, according to data published by Eurostat.

Industry

ROCA Investments to expand solar power capacity across all locations

Reducing carbon emissions and increasing the share of renewable energy and the development are the objectives of Roca's sustainability strategy for 2024.