2024 data shows renewable energy exceeds 30% of global electricity supply
Last year marked a significant milestone as renewable energy surpassed 30% of the world's electricity generation for the first time.
Last year marked a significant milestone as renewable energy surpassed 30% of the world's electricity generation for the first time.
This five-year pact maps out strategies for developing more than 10.5 gigawatts of new renewable energy capacity.
Saint-Gobain has entered into a renewable electricity supply agreement with OMV Petrom in Romania.
RWE has commenced the development of its inaugural solar facility in Italy. The completion of the project is slated for the year's end.
The European Commission will allocate nearly €720 million to seven renewable hydrogen projects across Europe.
Iberdrola, the Spanish power utility, announced the sale of its Romanian wind subsidiary, Eolica Dobrogea One, to power and gas distributor Premier Energy Group for €88 million.
The Ministry of Energy in Romania has launched two project calls in new capacities for electricity production from renewable sources for self-consumption.
PepsiCo announced the implementation of its latest eco-friendly initiative: the integration of photovoltaic panels across three key sites in Romania.
Romanians' interest in green energy solutions, such as installing solar panels, is on the rise in early 2024 compared to the beginning of 2023.
Eurowind Energy secures a €65.33 million credit facility from BCR and Erste Group for the construction of the wind farm in Pecineaga.
Nordic Group will invest €250,000 to equip two warehouses totaling 3,700 square meters, located in the counties of Giurgiu and Timis.
Hidroelectrica announced that it has signed an extension of the collaboration agreement with Masdar to develop onshore and floating photovoltaic solar projects,
Visual Fan announced the completion of a new photovoltaic project. This consisted of designing and implementing five photovoltaic plants with a total capacity of 1.3 MW.
Romanian engineering and technology company Simtel Team, along with another independent company, will develop a photovoltaic power plant in Satu Mare.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
The European Union has initiated an investigation into Chinese wind turbine companies for subsidies.
This capacity is part of the first hybrid photovoltaic wind-battery project installed within the Mireasa Wind Farm.
The investment initiative primarily involves the installation of photovoltaic plants and storage facilities across 29 electrical energy stations.
Romania has developed its strategic document in response to the EU Hydrogen Strategy.
Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
The two companies installed a 1,409 KW solar system at Shopping City Piatra Neamţ and a 450 KW solar system at Selgros Craiova last year.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
This observation illustrates that the wind resource is very stable from one year to another at a global scale whereas, the annual production can vary within a 25 % range.
This trend suggests a growing interest among Romanians and companies in adopting this energy efficiency measure.
Global renewable energy capacity grew by a record-breaking 15.1% in 2024 to reach 4,448 gigawatts (GW).
Polish solar energy installer Columbus Energy has completed another sale of photovoltaic assets to renewable energy developer GoldenPeaks Capital.
OMV Petrom, in partnership with Complexul Energetic Oltenia (CE Oltenia), announced the signing of the design and execution contracts for four photovoltaic parks.
Polish solar contractor Eko Prime has completed a 14.71 MW photovoltaic installation in Turowo, located in the West Pomeranian province.
MORE, together with PPC Renewables, has included eight new photovoltaic power plants—totaling 882.4 MW—in their renewable energy development portfolio.