EIB will provide a €250 million loan to the Belgian developer Warehouses De Pauw (WDP), which constructs and leases logistics spaces across Europe.
Eldrive Romania and Cosmopolis have put into use 11 charging stations for the residents and visitors of the residential complex, where 14 electric vehicles can be charged simultaneously.
The Ilfov County Council has obtained new non-refundable funding through which it will build 15 charging stations for electric and plug-in hybrid vehicles, in eight Ilfov towns and municipalities.
The market of electric and plug-in hybrid cars in Romania has accelerated growth thanks to the incentives granted through the Rabla Plus Program and the cost of use of these eco vehicles. More and more Romanians who stay at home prefer to buy electric cars due to the cost per km traveled, and the convenience offered by the fact that they charge their car at home. This includes the possibility of charging from photovoltaic panels.
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.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
