Romania's low electricity consumption: a key challenge in green transition
Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
Danone Romania has completed an investment of €1 million in the acquisition and installation of photovoltaic panels.
Romania was among the EU states with a high share of renewable energy sources in 2022.
nextE, a renewable energy company operating as an Independent Power Producer (IPP), announced the continuation of its investment and development plans that confirm its vision of energy as a service - Energy as a Service (EaaS).
Sonae Sierra has reduced its CO2 emissions by approximately 90% from 2005 to date and its electricity consumption by 66% since 2002. The company announces that it has avoided costs of €34.9 million by implementing eco-efficiency measures.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.