Industry | 20 January, 2025 at 9:00 PM
Romania allocates €150 million for energy storage
The Romanian Ministry of Energy is set to allocate an additional €150 million for electricity storage batteries.
The Romanian Ministry of Energy is set to allocate an additional €150 million for electricity storage batteries.
Electrica, a Romanian state-owned utility, has secured a €3.4 million grant from the National Recovery and Resilience Plan to fund a new energy storage project.
The Commission has selected 17 small-scale innovative clean tech projects to receive over €65 million in project support under the EU Innovation Fund.
CEZ is strengthening its ESG requirements stemming from the improvement potential, set according to reporting standards and financial institutions, says Ondrej Safar, CEO and Member of the Board CEZ Romania. He talked to Green Forum about the social responsibility and health projects that the company is preparing in 2023 and about the company's energy production projects from renewable sources.
Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.
Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.
Poland and Canada have signed an agreement to strengthen cooperation on nuclear power, providing a legal framework for closer ties.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
Polenergia, Poland's largest privately owned energy company, has signed a six-year deal with video game developer CD PROJEKT to supply 22 gigawatt hours (GWh) of renewable energy.
