OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale Borzești from RNV Infrastructure.
With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, a new IEA report says.
BayWa r.e. announced the completion of the Tarquinia solar park in Italy with an installed capacity of 51.4 MWp.
The International Energy Agency's Global Hydrogen Review 2024 reports that the production of low-emissions hydrogen projects that reached final investment decisions has doubled in the past year.
CIS Group signed a contract for the construction of a photovoltaic park in Copșa Mică. The park is expected to become operational at the beginning of next year.
OMV Petrom, closed the acquisition of several photovoltaic projects from the Danish company Jantzen Renewables ApS.
Rezolv Energy has announced the signing of a seven-year vPPA with the Italian utility company A2A for the annual supply of 150 GWh of green electricity.
Simtel and Monsson announced the signing of a strategic partnership aimed at developing, constructing, and selling photovoltaic and hybrid projects with a total installed capacity of approximately 150 MWp.
Public Power Corp (PPC Group) has reached an agreement with the Copelouzos and Samaras groups to acquire their operating wind and photovoltaic assets.
A new report from the International Energy Agency (IEA) shows that tripling renewable energy capacity and doubling energy efficiency by 2030.
The Ministry of Energy has launched and managed non-reimbursable funds for investments exceeding 13 billion euros in the past 15 months.
WindEurope's Autumn Wind Energy Data shows Europe built 6.4 GW of new wind farms in the first half of 2024.
Simtel, together with PRIME Batteries Technology, announced the signing of a partnership for the development of advanced renewable energy technologies.
Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.
The Society for the Administration of Energy Participations (SAPE SA) has received funding from the National Recovery and Resilience Plan (PNRR) for its energy storage project using green hydrogen.
The European Commission has published the State of the Energy Union Report 2024 which describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission's mandate.
Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
Zero-carbon sources made up over 40% of the electricity the world generated for the first time last year, according to new research.
Energy Minister Sebastian Burduja has approved the ministerial order for the Contracts for Difference (CfD) scheme.
University Politehnica Bucharest invests in green energy. The university has signed a project worth over €5.87 million, funded through the Modernization Fund program, administered by the Ministry of Energy.
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
