Alina Oprea
| 12 January, 2024 at 4:20 PM
Global renewable capacity growth expands by 50% in 2023
The world has added 50% more renewable capacity in 2023 than in 2022 and the next 5 years will see the fastest growth yet.
The world has added 50% more renewable capacity in 2023 than in 2022 and the next 5 years will see the fastest growth yet.
Rezolv Energy has secured a license for its 229 MW St. George solar project to be built at the former Silistra airport in Silistra municipality, northeastern Bulgaria.
The company Photon Energy N.V. has announced that its branch in Romania, Photon Energy Engineering Romania, has completed and connected to the grid another photovoltaic plant.
Sunwind Energy, the company bought by Electrica from Muntmark, is looking for a contractor for the "turnkey" construction of the 27 MW Satu Mare 2 photovoltaic park.
The manufacturer of electronic devices Visual Fan, the company that owns the Allview brand, has built two new photovoltaic plants in Baia Mare.
Restart Energy has completed the installation of a photovoltaic energy generation system for the Kraftalt company, worth approximately €450,000.
Auchan Retail Romania has announced that it continues investing in its green energy transition.
Braşov City Hall has signed a contract worth over RON 75 million (€15 million), partially financed from non-refundable funds, for the construction of a park of photovoltaic panels.
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.
OMV Petrom will acquire a 50% stake in Electrocentrale Borzesti from RNV Infrastructure.
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.
Software manufacturer Bento is entering the solar energy market by signing a contract with Volta X.
In 2023, only 6% of electricity consumption represents renewable energy in the Republic of Moldova.
Romania was among the EU states with a high share of renewable energy sources in 2022.
ENGIE Romania has announced the investment decision and the start of works for the construction of a photovoltaic park with a total capacity of 37.2 MWp, in Ariceștii Rahtivani commune, in Prahova County.
Baia Mare is the first hospital in Romania that will have a photovoltaic park.
INVL Renewable Energy Fund I, a company that invests in renewable energy projects managed by INVL Asset Management, announces that it has signed an agreement with Kommunalkredit Austria AG (Kommunalkredit) for a €25 million loan.
Oradea City Hall is planning an investment of €20 million in the construction of a photovoltaic park on the site of the Bihor Episcopia slag and ash deposit.
The National Power Transmission Company Transelectrica SA has got €56.2 million through the REPowerEu component of the National Recovery and Resilience Plan (PNRR).
The city of Călimănești is organizing an open tender for two geothermal water extraction boreholes.
Nuclearelectrica has joined The Net Zero Nuclear Industry Pledge, launched at COP28 – UN Climate Change Conference, in an event held in Dubai, United Arab Emirates.
Energy Advisor, the first start-up affiliated with the Technical University of Cluj-Napoca, launches Renergia, the first mobile application in Romania that streamlines energy consumption and reduces energy bill costs.
EnergiaTa and Cult Research, together with Engie Romania, have launched the Barometer of Prosumers from Romania which deepens the reality of prosumers in Romania.
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.
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.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
