Enery has successfully secured a €214.45 million bank loan facility to drive the development and consolidation of its renewable energy projects in Romania.
EBRD has approved a €90 million loan for Engie Romania, part of France's Engie Group, to refinance the acquisition of an operational wind farm.
In the first ten months of 2024, solar energy generated by photovoltaic installations reached 3.18 billion kWh, marking a 55.1% rise compared to the same period last year.
NEPI Rockcastle plans to transform its shopping centers in Romania into local energy hubs and fully meet their energy needs with green energy by the end of 2026.
Hidroelectrica has announced the completion of refurbishment works on Hydro Unit No. 5 (HA5) at the Stejaru Hydroelectric Power Plant.
The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania.
Econergy Renewable Energy has announced that its subsidiary, Econergy UK, has secured €28 million in financing to support the development of the Iancu Jianu solar photovoltaic (PV) project in Romania.
Alive Capital, a renewable energy company in Romania, has commenced construction of a modern photovoltaic power plant in Nanov, Teleorman County.
Only one in ten individuals who installed photovoltaic systems in the first ten months of the year also opted for an energy storage solution.
PPC Energie has implemented an integrated solution for electricity production using photovoltaic panels and battery storage on a residential building in Bucharest's Sector 6.
Nokian Tyres secured CO2 emission-free energy for its new tire factory in Romania through a contract with renewable energy provider Enery.
The European Bank for Reconstruction and Development (EBRD) will invest €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.
Monsson has completed the transfer of 100% ownership of a 50MW photovoltaic park in Chisinau-Cris, Arad County, to NEPI Rockcastle, which plans to begin construction in January 2025.
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.
Lockheed Martin and Romanian company Sinteza have signed a letter of intent to build a €50 million GridStar Flow battery factory in Oradea.
The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies
The European Commission has given the green light to a €790 million state aid package for Romania.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
Eurowind Energy has achieved a significant milestone by installing the first wind turbine at its Pecineaga wind farm in Constanța County, Romania.
OMV Petrom has initiated construction on its largest solar project in Romania.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
ABB's Smart Buildings Division has announced a strategic collaboration with the World Green Building Council's (WorldGBC) European Regional Network (ERN) to accelerate sustainable and energy-efficient building practices across Europe.
Poland has received €9.4 billion from the EU's National Recovery Plan (NRP) after fulfilling its second and third payment requests.
SolarPower Europe (SPE) forecasts 65.5GW of solar PV additions in the EU for 2024, marking a significant slowdown compared to previous years.
EIB will provide €243 million in financing to leading independent clean wind and solar energy operator ERG Group to promote the development of renewable energy in Italy, France and Germany.
