Energy | 10 January, 2025 at 9:34 AM
Monsson gets green light for Europe's largest solar park
Monsson has secured all necessary approvals to start building Europe's largest photovoltaic park, located in Arad County.
Monsson has secured all necessary approvals to start building Europe's largest photovoltaic park, located in Arad County.
Simtel and Monsson announced the signing of a strategic partnership aimed at developing, constructing, and selling photovoltaic and hybrid projects with a total installed capacity of approximately 150 MWp.
This deal will support Nala Renewables' €214 million acquisition and development of a 99.2 MW onshore wind project in eastern Romania.
This capacity is part of the first hybrid photovoltaic wind-battery project installed within the Mireasa Wind Farm.
The largest photovoltaic park in Europe is being built in Arad, Romania. The investment amounts to €800 million and will start this summer, in the Pilu - Grăniceri area. The land on which the photovoltaic park will be built has an area of 1,064 hectares.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
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.
