Energy | 26 February, 2024 at 9:00 AM
Study shows Romania's potential to strengthen its energy independence
Romania has had the opportunity to solidify its energy independence and transition into a net energy exporter.
Romania has had the opportunity to solidify its energy independence and transition into a net energy exporter.
The Ministry of Investments and European Projects launches the REPowerEU chapter in public consultation, which will bring Romania €1.4 billion for energy independence. The amount will be used for strategic investments in the key area of energy security, which will allow the creation of clean energy production and storage ecosystems (hydropower, photovoltaics). The set of proposed measures will have a positive impact in supporting the acceleration of Europe's clean energy transition.
Biggeorge Holding and Energy Independence Ltd. have founded a company providing renewable energy services. After its formation, the new joint company, 8G Energy Holding Zrt., acquired Solarkraft Home Zrt. owned by Energy Independence, which will continue to operate under the name 8G Energy Solutions Zrt. in the future, according to a statement by Biggeorge.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
Eurowind Energy and Autoliv, a global leader in automotive safety systems, have signed a 12-year Power Purchase Agreement (PPA) in Romania.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
PPC Group has announced a €5.75 billion strategic investment initiative aimed at converting former lignite mining areas in Western Macedonia into a major center for green energy and technology.
The European Bank for Reconstruction and Development (EBRD) is providing an additional loan of up to €72 million to BIG CEE as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.
