Vascar, one of the main producers of meat preparations and preserves in Romania, installed a system of photovoltaic panels worth RON3 million (€600,000) close to the production unit in Vaslui. The project consists of 1,400 panels, on an area of 12,000 sqm, with an installed power of 770 kWp, the company says in a press release.
Eurohold Bulgaria has commissioned the 123 MW Verila solar park located in Dupnitsa in southwest Bulgaria, according to Enerdata. Eurohold is the group that owns the bankrupt Euroins Romania insurance company. The photovoltaic power plant is currently the largest in Bulgaria.
Commissioner for International Partnerships, Jutta Urpilainen, announced the resumption of budget support for Zambia and launched three programs worth €110 million under Global Gateway. The announcement was made alongside President Hakainde Hichilema and Minister of Finance and National Planning Situmbeko Musokotwane.
wpd, a renewable energy developer based in Germany, plans to build a solar power plant at the site of its existing wind farm Katuni in Croatia. The new solar power plant with an installed capacity of 30 MW and the existing wind farm with a capacity of 34.2 MW will together deliver a maximum of 39 MW to the grid at a time. This is in line with wpd's existing connection contract with the transmission system operator.
CIEH Soda Romania has started the production of solar energy, as a result of an investment of RON1.7 million (€340,000) in a photovoltaic park. The investment marks a new activity in the development process of the company, which currently produces liquid silicates, an important raw material for the tire industry, the detergent industry, and the paper industry, in the production of chemicals used in construction and for materials used in welding.
Kärcher, a company in the field of cleaning technology, has invested almost €100,000 in equipping the headquarters inaugurated last year in Pipera with photovoltaic panels. To date, the company has reduced its costs for conventional consumption by approximately 45%.
A 250 MW wind project in Călărași County received technical approval for connection (ATR) from Transelectrica, the national energy carrier. The commissioning date is December 31, 2025. The project is run by the Gura Ialomiței Solar company.
Restart Energy announced the completion of the implementation of a photovoltaic panel system worth €160,000 for the Geneza Comimpex company. The project consisted of the installation of 428 panels at the Geneza Supermarket in Târgu-Neamț, Neamț county, on an area of 1,200 sqm, with a power of 194.4 kWp.
Companies can receive up to €20 million for photovoltaic energy projects through the EU's Modernization Fund, says Răzvan Gălăţan, Operational Director of Goodwill Consulting, a consulting firm for European funds.
The municipality of Caianu in Cluj County will cover its own electricity consumption from renewable sources. The Cluj County Council issued the urban planning certificate necessary for the establishment of a solar power production capacity to cover 99% of Căianu locality's own consumption, in Cluj County.
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.
Engie Romania is launching, together with EFdeN, rCharge with green energy, a prototype charging station for electric scooters and bicycles, powered by solar energy and designed from recycled materials. The project is carried out with the aim of bringing to the public's attention green solutions for the production and use of electricity.
The GalicSud SRL company is building a photovoltaic park in Mehedinți County, Izvoru Bârzii commune, Halânga village, which will have over 27,000 photovoltaic panels and will cover an area of almost 200,000 sqm. The investment received a financing of €8 million from Libra Internet Bank.
Antibiotice Iaşi Company, the largest Romanian producer of generic drugs, will build a 2.5 MW photovoltaic plant. The company announced that it obtained from the Ministry of Investments and European Projects financing of RON4.08 million (€816,000) in this regard.
Eurowind Energy is investing €50 million in the construction of a new solar PV park in Teiuș, Alba County. The PV Park will generate approximately 102.05 GWh annually after becoming operational in 2024, with the capacity to power 30,050 households each year.
By 2050, more than 200 million tons of solar panels will be out of use, according to RESPO DEEE Association data. Solar panels provide green energy and reduce carbon emissions worldwide, but their limited lifespan of up to 25 years is a serious environmental problem.
Transilvania Construcții plans to invest more than €10 million in the generation of green energy across all projects within its portfolio over the next five years. The first project that will produce green energy is TRC Park Cluj, where the estimated investment amounts to almost €1 million.
ProCredit Bank has launched the ProGreen credit for photovoltaic panels intended for individuals. They can get the ProGreen credit for Photovoltaic Panels with no down payment and no fees. The credit is intended for those who want to make the transition to a renewable energy source, while also benefiting from reduced costs on their energy bills.
ProCredit Bank Romania has granted €2.9 million of financing to a company from the Solar Global group in the Czech Republic.
About $2.8 trillion is set to be invested globally in energy in 2023, of which more than $1.7 trillion is expected to go to clean technologies – including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements, and heat pumps – according to the IEA's latest World Energy Investment report.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
