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.
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.
