Transelectrica has unveiled a comprehensive development plan for the country's electricity transmission network (RET) over the next decade, with an investment of €1.88 billion.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
The project will convert the 400 kV overhead electric line (OHL) between Isaccea and Tulcea West from a single circuit to a double circuit.
The investment initiative primarily involves the installation of photovoltaic plants and storage facilities across 29 electrical energy stations.
This investment is crucial for mitigating environmental impacts and facilitating the transition to a sustainable energy framework.
The National Power Transmission Company Transelectrica SA has got €56.2 million through the REPowerEu component of the National Recovery and Resilience Plan (PNRR).
WPD, a developer of wind projects in Europe, intends to build a wind farm in Iași County, according to data from the national energy carrier, Transelectrica.
The national electricity carrier Transelectrica is preparing an underground electricity transmission project with low carbon emissions.
A 250 MW wind project in Călărași County received technical approval for connection (ATR) from Transelectrica, the national energy carrier. The commissioning date is December 31, 2025. The project is run by the Gura Ialomiței Solar company.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
