Finance | 27 December, 2023 at 1:14 PM
Romania's Ministry of Finance launches framework for issuing green bonds
The Ministry of Finance has published the Green Bond Framework of Romania.
The Ministry of Finance has published the Green Bond Framework of Romania.
Schools, hospitals, public lighting, and local administration could be supplied with green energy from a photovoltaic park. The proposal belongs to the president of the Prahova County Council, Iulian Dumitrescu, who asked the Minister of Investments and European Projects, Marcel Boloș, to allocate European funds for the construction of a photovoltaic park.
The Minister of European Investments and Projects, Marcel Boloș, together with the Minister of Research, Innovation, and Digitization, Sebastian Burduja, inaugurated the project "From Nano to Macro in Hydrogen Energy - Expansion of the National Center for Hydrogen and Fuel Cells - HyRo 2.0". The project will focus on validating and demonstrating the performance of hydrogen energy technologies, reducing costs, and identifying the most appropriate applications for these technologies.
The city of Oradea will have a photovoltaic park with over 15,000 panels. More than €16 million from European funds will be invested in this sustainable project. The photovoltaic park will be able to be managed remotely.
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.
