Wetterbest is expanding its product portfolio with photovoltaic plants for the residential segment, autonomy in electricity consumption, and even energy independence. The company has three types of photovoltaic systems: on-grid, hybrid, and off-grid.
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.
The Sibiu County Council announces investments of RON 2.48 million (€496,000) for the energy efficiency of the Dental Clinic building, within the Sibiu County Emergency Clinical Hospital. A charging station for electric vehicles will also be installed within this project.
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.
Renewable energy sources could reach a share of approximately 34% in 2030. Europe has assumed that by 2050 it will become the first climate-neutral continent.
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.
Changing the heating system and replacing doors and windows can reduce the carbon emissions of a single-family home by more than 80 percent, according to a CO2-Optimist study by the Swiss research institute EMPA for E.ON. It shows that poor insulation and outdated heating systems lead to above-average energy consumption and higher costs.
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.
The company Sphera Franchise Group SA presents its sustainability plans and announces that it will implement energy-efficient lighting (LED lighting) in all its locations until 2024.
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.
Genesis Property, a company that owns, develops and operates of class A office buildings in Romania, announces that is committed to achieving zero carbon emissions for the buildings in its portfolio by 2030.
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
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.