Latest news

Monday, 1 July, 2024

09:00

Hidroelectrica inaugurates its first investment project with external financing

Hidroelectrica has inaugurated the Microcentrala (MHC) Poiana Ruscă, marking the completion of its first investment project with external financing.

08:00

Raiffeisen Bank Romania publishes its Sustainability Report

Raiffeisen Bank Romania publishes its Sustainability Report, presenting information about the company's non-financial performance and its economic, social, and environmental impact.

Friday, 28 June, 2024

10:00

Romanians recognize sustainability issues but hesitate to act

Over 70% of Romanians believed that solutions to current societal sustainability issues require a collective effort (both from citizens and public and private institutions).

09:33

OMV Petrom signs long-term contract for sustainable fuels with Expur

OMV Petrom SA has signed a six-year contract with Expur to purchase fully refined vegetable oil, with the option to extend the agreement for an additional two years.

08:31

Renewable energy surges ahead in EU power generation for 2023

In 2023, renewable energy emerged as the leading source of electricity in the EU, accounting for 44.7% of total electricity production.

Thursday, 27 June, 2024

10:00

EU approves €265 million Swedish Aid for green steel plant

Under EU State aid rules, the European Commission has given the green light to a €265 million Swedish measure to support H2GS AB in establishing a large-scale green steel plant.

09:00

Restart Energy completes €600,000 photovoltaic projects for Aquaserv

Restart Energy has completed the construction and installation of two photovoltaic power plants for Aquaserv, with a total value exceeding €600,000.

09:00

BayWa r.e. acquires 46 MWp White Gate solar park in Romania

BayWa r.e., the Romanian unit of a prominent German renewable energy developer, has acquired a photovoltaic (PV) plant situated in Constanta County.

08:00

EU launches Climate City Capital Hub for smart cities funding

The European Commission has launched the Climate City Capital Hub, a finance resource to support cities participating in the EU Mission on Climate-Neutral and Smart Cities.

Wednesday, 26 June, 2024

10:00

Rompetrol Rafinare invests €9 million in Petromidia hydrogen plant upgrade

Rompetrol Rafinare has upgraded the Hydrogen Power Plant (HPP) at the Petromidia refinery with an investment of nearly €9.1 million.

09:00

EU approves €64 million Transelectrica power line upgrade

The project will convert the 400 kV overhead electric line (OHL) between Isaccea and Tulcea West from a single circuit to a double circuit.

08:00

FF Ventures plans to develop 500 MW of solar projects in Romania

FF Ventures has entered the Romanian market and plans to develop 500 MW of solar projects and 500 MW of energy storage projects over the next three years.

Tuesday, 25 June, 2024

10:00

PepsiCo releases its 2023 sustainability report

PepsiCo achieved several goals ahead of schedule, introduced new targets, and made significant strides in others, although challenges remain, particularly in packaging initiatives.

10:00

EU invests nearly €3 billion in cleaner energy systems

The European Union has allocated €2.967 billion through the Modernisation Fund to support 39 energy projects across 10 EU Member States.

08:31

Record investments fall short of global renewable energy target by 2030

Investments in renewable energy remain below the level needed to meet COP28's goal of tripling green energy capacity by 2030.

Monday, 24 June, 2024

11:00

Four countries from Europe lead the way in the energy transition

However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.

10:00

Banca Transilvania provides €10 million in green funding for Quartier Azuga

Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.

08:30

Econergy sells major solar project in Romania

Econergy has signed an agreement to sell its Niculești solar project to Enspire Enerji, investment branch of Turkey-based Entek Elektrik.

Friday, 21 June, 2024

11:00

Genesis Property uses 100% renewable electricity for its portfolio

Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.

10:00

EU approves €3 billion German Aid for hydrogen network

The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network.

09:00

EU launches first net-zero academy to upskill solar workforce

The European Commission has launched the European Solar Academy, the first in a series of EU Academies to be set up under the Net-Zero Industry Act (NZIA).

08:00

Solar power supplies one-fifth of global electricity

Ember estimates that 20% of global electricity generation across midday peaks on the solstice today will come from solar and in the entire month of June.

Thursday, 20 June, 2024

16:00

Rezolv and Deutsche Telekom sign 12-year clean power deal for 100 GWh

This partnership involves virtual Power Purchase Agreements (vPPAs) for clean power generated by Rezolv's impressive Vifor wind farm in Romania.

14:00

Romania's Deposit Return System delivers 29,000 tonnes for recycling

RetuRO, the Deposit Return System administrator, reported that in the first six months of the program's operation, it handed over 29,000 tonnes of DRS packaging to recyclers.

08:04

OMV Petrom aims for a significant boost in clean energy by 2030

OMV Petrom announced a revision of their 2030 strategy, focusing on a bigger push for renewable energy, sustainable fuels, and making electric vehicles more accessible.

Wednesday, 19 June, 2024

10:00

EU invests in green energy in Western Balkans and Eastern Neighbourhood

The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.

09:00

Henkel to reduce carbon dioxide emissions by 100 million metric tons by 2025

Henkel announced that the company aims to reduce carbon dioxide emissions from its business by 100 million metric tons between 2016 and 2025.

08:00

DRI acquires its third photovoltaic park in Romania

DRI continues its investments in Romania with the acquisition of a 126 MW photovoltaic park in Văcărești, Dâmbovița county.

Tuesday, 18 June, 2024

09:30

Erste Group, UniCredit and BERD lend €291 million for wind park project in Romania

The new wind park will in its first phase provide about 192 MW in capacity, which will be expanded to about 461 MW in the second phase.

08:00

Premier Energy signs the development of two PV projects in Romania

Premier Energy signed the development of two photovoltaic projects with a combined capacity of 86 MW and 18 MW of storage capabilities.

07:00

OMV Petrom to invest €2 billion by 2030 in Petrobrazi refinery

The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.

Monday, 17 June, 2024

12:00

Romanian breweries prioritize transitioning to renewable energy sources

Romanian brewing companies have invested in advanced wastewater treatment plants to treat and reuse water and reduce the pollution load on local water bodies.

09:00

EBRD boosts Eastern Europe's EV charge with €15 million investment

EBRD will invest €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania, and Romania.

08:00

IFC provides financing for a wind power plant in Romania

IFC provided long-term debt financing for the 461-megawatt (MW) Vifor Wind Power Plant, to boost the supply of competitively priced renewable energy in Romania.

07:04

Strabag Romania launches its sustainability initiative

This campaign reflects their commitment to achieving climate neutrality across their entire business by 2040.

Saturday, 15 June, 2024

09:00

UniCredit leads financing for 461 MW Romanian wind farm

The project is located in Buzău County and the first phase, which will last until 2025, will see the installation of 30 Vestas wind turbines.

Friday, 14 June, 2024

09:00

EBRD lends €32 million for construction wind farm in Romania

EBRD will lend €32 million, as part of a €291 million financing package, to build and operate a 192 MW onshore wind farm in Romania.

08:00

2023 data shows a surge in Europe's solar battery storage market by 94%

In 2023, the equivalent of 1.7 million more European homes became solar battery-powered.

07:00

EBRD launches joint venture to boost Ukraine's renewable energy sector

EBRD is financing the first private energy deal led by a foreign investor to add renewable generation capacity in Ukraine since February 2022.

Thursday, 13 June, 2024

09:00

EC imposes higher tariffs on Chinese battery electric vehicles

The European Commission announced that it would apply additional tariffs of up to 38.1% on imported Chinese electric vehicles from next month.

CONFERENCES

CEE PROPERTY FORUM & AWARDS GALA 2024 - VIENNA, AUSTRIA

POLAND ESG FORUM 2024

Romania ESG Forum 2024

POPULAR

Environment

12 months ago

Only 12% of Romanians believe tap water is "very safe" for consumption

Industry

10 months ago

Regulations are crucial to incentivize and support sustainability efforts

Finance

9 months ago

ProCredit Bank to support SMEs in their transition to a low-carbon economy

Mobility

11 months ago

Half of new cars registered in Romania are electrified

Business

8 months ago

Circularity's the new megatrend, but ensuring consistent transformations is key