The market for batteries to store energy produced from the use of photovoltaic panels could grow by 25% per year until 2030, from €40 million in 2022.
Companies in Romania can reduce costs related to environmental obligations by 50%, but many have a harder time complying with the legislation, according to Green Environment Support.
The mayors of 16 communes in Dâmbovița County signed 17 financing contracts through which they will modernize the public lighting system in their localities.
Brasov city hall obtained almost RON 6 million (€1.2 million) non-refundable, from the Environmental Fund Administration (AFM), for the modernization of the lighting system.
Romania requests, through the RePowerEU mechanism, substantial European funds for subsidizing the installation of photovoltaic panels for natural persons. It is about €400 million, the amount that could be included in some kind of complementary program to the program of the Environmental Fund Administration for the installation of photovoltaic panels on residential homes.
The Romanian government approved the de minimis aid scheme for the construction of waste recycling facilities. The budget of the de minimis aid scheme is €26 million. The de minimis aid is valid until the end of this year.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
