Tag: energy efficiency (32 articles)

Finance   |   12 April, 2023 at 4:03 PM

UniCredit Romania focuses on implementing the local ESG strategy

One of UniCredit's priorities in Romania in 2022 is the implementation of the local ESG strategy, as the bank's report shows. Thus, the bank finances businesses in the area of green energy, renewable energy, and energy efficiency, and the green loan with mortgage intended for individuals continued to be one of the requested products.

Real estate   |   6 April, 2023 at 3:30 PM

Doraly Expo Market invests €2.1 million in energy efficiency solutions

The Doraly Expo Market commercial park is investing €2.1 million in energy efficiency solutions, by installing photovoltaic power plants, and charging stations for electric cars and replacing all lighting fixtures with LEDs. The photovoltaic panels will produce approximately 2,700 MWh of green energy annually, representing approximately 50% of the energy consumed.

Business   |   30 March, 2023 at 5:41 PM

Companies that invest in sustainability can earn more

Companies that engage in sustainable practices record higher financial performance and are 2.4 times more likely to increase their financial return. According to Quartz Matrix, a Romanian technology and services company, the sure steps towards a sustainable company begin with the identification of internal processes that can be automated or made more efficient with the help of technology. Also, modern technologies help companies to cut costs and become more responsible towards the planet.

Regulation   |   12 March, 2023 at 9:31 AM

EU agrees on stronger rules to boost energy efficiency

The European Parliament and the European Council reached a new agreement on reforming and consolidating the EU Directive on energy efficiency. The agreement sets an EU energy efficiency target of 11.7% for 2030 and requires EU member states to collectively ensure a further reduction in final and primary energy consumption.

Energy   |   21 February, 2023 at 12:22 PM

Enel X Romania adds more than 40 photovoltaic plants

Last year, Enel X Romania built for business customers more than 40 photovoltaic plants at the national level, an almost double number compared to the previous year. The photovoltaic plants have a total capacity of over 26 MWp and will contribute to the reduction of over 5,400 tons/year of carbon dioxide emissions.

Real estate   |   19 January, 2023 at 10:45 AM

Romania to implement new rules for energy building performance

New technical regulations regarding the methodology for calculating the energy performance of buildings will be enforced in Romania starting February. The new rules will help the local construction market will take an important step forward by aligning with European standards and trends in terms of sustainability

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Mobility

EV market surges in early 2025

Battery-electric vehicles (BEVs) accounted for 15.2% of the EU market share as of February 2025, marking a significant rise from 11.5% in the same period of 2024.

Industry

LG Energy secures Polish ESS deal

LG Energy Solution has been chosen as a key partner for a large-scale energy storage system (ESS) project led by Poland's state-owned utility, PGE.

Energy

Hunedoara county's largest public solar park

The project for new renewable energy production capacities, submitted by the Hunedoara County Council and the Petrila City Hall, has been approved for funding by the Ministry of Energy.