To support the fight against and prevention of plastic pollution, Lidl Romania has invested over RON14.6 million (€2.92 million) in programs developed together with civil society.
By 2060, global rivers, seas, and oceans could be polluted with 44 million tonnes of plastic, double the current level, estimates a recent report by The Organization for Economic Cooperation and Development (OECD). Plastic is among the packaging most often used by Romanians, but its recycling rate in Romania is only 30.05%, according to the data analyzed by Clean Recycle.
Romania has a new ecotourism destination: Vama Buzăului, a locality located at the foot of the Ciucaș Mountains, which has just obtained the recognition of the Ministry of Economy, Entrepreneurship and Tourism (MEAT).
HP has reduced its absolute carbon footprint by 18% since 2019. The company's goal is to achieve net zero carbon emissions by 2040. HP has reduced single-use plastic packaging by 55% compared to 2018.
35 tons of oil products leaked from a ship under the Bulgarian flag on the main course of the Danube, near Cělarevo (Serbia), at km 1287. This information was received by the Ministry of the Environment, Waters and Forests, and the National Administration "Romanian Waters" - Department of Emergency Situations, through the secretary for border waters within the Romania-Serbia bilateral agreement, in the afternoon of June 20.
The Eurelectric Association, which represents the electricity industry at the European level, has published a landmark study highlighting three scenarios for Europe to reach its net zero carbon target. Looking ahead to 2030, 2040, and 2050, the Decarbonisation Speedways study confirms the key role of clean electrification in accelerating Europe's path to climate neutrality and highlights its potential to reduce household energy bills.
Between August 2022 and January 2023, Romania is managing to reduce fossil gas consumption by approximately 25%, according to a report published by CEE Bankwatch Network. According to the report, Romania allocates four times more European funds for fossil gas, despite the climate objectives. Between 2014 and 2020, fossil gas-based projects in Romania and Poland benefited from €230 million and €1.3 billion respectively from European funds.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
The Romanian Competition Council announced its analysis of the deal through which Greece's Public Power Corporation (PPC) plans to acquire the operators of the Fântânele-Cogealac wind farm.
Photon Energy has connected a new 7.5 MWp solar photovoltaic (PV) power plant to the grid in Romania, marking its twelfth operational plant in the country.
Eurowind Energy signed a Shares Purchase Agreement in August for the acquisition of different projects totaling 11 PV projects of 5MW AC each.
Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.
