Tag: Romania (668 articles)

Mobility   |   27 March, 2023 at 6:48 PM

ProCredit Bank launches a loan for Romanians who want to buy electric cars

ProCredit Bank launches the ProGreen Auto Credit for individuals who want to purchase a new fully electric or plug-in hybrid car. The bank has entered into a partnership with EVconnect, one of the main providers of charging solutions for electric cars; customers benefit from free electric charges for the first 1,000 kilometers traveled.

Energy   |   27 March, 2023 at 8:28 AM

Electrica buys company developing 27 MW photovoltaic project

Electrica bought the company Sunwind Energy, which develops the photovoltaic project "Satu Mare 2", with an installed capacity of 27 MW. The project is located near Botiz commune, Satu Mare county. Also, on February 6, 2023, Electrica announced the completion of the acquisition of the company Green Energy Consultancy & Investments, which develops the "Vulturu" photovoltaic project.

Energy   |   24 March, 2023 at 8:27 AM

CE Oltenia gets €89.8 million for expenses with GHG emission certificates

The Oltenia Energy Complex will receive a state aid of RON449 million (€89.8 million) for the year 2023, from the state budget, to finance expenses with greenhouse gas emission certificates. Until now, CE Oltenia has received state aid in the form of a grant of €776.4 million, also for the purchase of greenhouse gas emission certificates.

Energy   |   23 March, 2023 at 11:26 AM

Romania receives €103 million to build electricity storage facilities

The European Commission approves a scheme of Romania worth €103 million, within the Recovery and Resilience Mechanism, to support the construction of electricity storage facilities. The purpose of this measure is to support investments in electricity storage facilities, thus contributing to the EU's strategic objectives related to the green transition.

Industry   |   23 March, 2023 at 8:56 AM

BAT recycles 22.6% of the water volume used globally in 2022

BAT announces results in reaching its targets related to the strategic management of the water used in its production process. In 2022, BAT recycled 22.6% of the water volume used globally. BAT goals by 2025 include Alliance for Water Stewardship (AWS) certification of all its operation sites, 30% of water recycled, and a 35% reduction in water withdrawn by 2025 vs the 2017 baseline.

Energy   |   22 March, 2023 at 9:00 AM

Hidroelectrica to produce offshore wind farms and floating solar farms

Hidroelectrica signed a joint venture agreement with Masdar from the United Arab Emirates, for the construction of offshore wind farms and floating solar farms in Romania. Hidroelectrica is the largest producer of green energy in Romania, with a portfolio of 187 hydropower plants, with a hydropower capacity of 6.3 GW, plus the Crucea wind farm, with an installed capacity of 108 MW.

Real estate   |   21 March, 2023 at 2:17 PM

CPI Romania collects 10 tons of recycled paper

The tenants of IRIDE Park collected 10 tons of recycled paper and planted 30 trees within the park, as part of a campaign organized by CPI Romania. The company mentions that the ESG principles govern its entire activity, and this campaign is on the list of social responsibility projects of the company.

Real estate   |   21 March, 2023 at 8:45 AM

Real estate owners and developers' interest in sustainability increases

Green building certifications have become a must for landlords seeking competitive differentiators in today's challenging real estate market. Retail is the “greenest” sector, followed by industrial & logistics, and office, according to a Colliers report. In the coming years, landlords who fail to align with stakeholders' sustainability - demands will be affected, say the consultants.

Real estate   |   20 March, 2023 at 2:32 PM

Bucharest office building to add 260 photovoltaic panels

The Dageco Expoziției Estate office building has obtained funding for the installation of 260 photovoltaic panels on the roof. The investment amounts to RON 500,000 (€100.000), without VAT, and the financing is provided by the Electric-Up program.

Energy   |   20 March, 2023 at 11:46 AM

Delgaz Grid to set up green corridors along high-voltage overhead power lines

The distribution companies of the E.ON group set up 13,000 km of green corridors along the high-voltage overhead lines from the Black Sea to Sweden. In Romania, Delgaz Grid will develop approximately 1,200 ha along the route of 370 km of high-voltage power lines. Green corridors support healthy, sustainable ecosystems and biodiversity.

Energy   |   20 March, 2023 at 8:23 AM

Romania secures €1.4 billion for energy independence

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.

Mobility   |   17 March, 2023 at 10:49 AM

Interest in electric and hybrid cars is growing

Interest in electric and hybrid cars is growing, supported by lower fuel costs. Most consumers prefer to charge their car at home, according to a Deloitte study. On the other hand, range concerns, charge time, and lack of charging infrastructure remain the main reasons why consumers are reluctant to electric vehicles.

Industry   |   17 March, 2023 at 8:25 AM

Holcim Romania launches cement with 30% less CO2 emissions

Holcim Romania adopts an integrated decarbonization model and launches ECOPlanet PLUS, coated additive cement, with 30% fewer CO2 emissions. 7% of global CO2 emissions are generated by the cement industry. In more than 25 years of activity in Romania, Holcim has already reduced its net CO2 emissions by more than 25% and increased its energy efficiency by 25%.

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ABB and WorldGBC unite for green buildings in Europe

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.