The European Commission has approved Slovakia's €267 million support package for Volvo Cars, deeming it compliant with EU State aid regulations.
Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
The European Commission has approved a €350 million German initiative aimed at supporting the production of renewable hydrogen.
The two companies installed a 1,409 KW solar system at Shopping City Piatra Neamţ and a 450 KW solar system at Selgros Craiova last year.
The Green Revolution Association, in partnership with Raiffeisen Bank Romania and Mastercard, proposes an innovative solution to the sustainability infrastructure issue.
Last year's emissions under the EU's Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
Romania has the capacity and all the resources to transition rapidly to renewable energy and become a 100% green country.
The majority of raw materials entering economies are still derived from virgin sources.
The Commission will scrutinize whether certain economic entities gained an unfair advantage in securing public contracts within the EU.
This observation illustrates that the wind resource is very stable from one year to another at a global scale whereas, the annual production can vary within a 25 % range.
The European Commission has granted approval for Greek measures totaling €1 billion aimed at supporting two initiatives for the generation and storage of renewable energy.
ProCredit Bank Romania announced the granting of a total financing of €3.4 million to the group of companies 3D Steel Design & Construct and Hansarom Management & Consulting.
Romania will be one of the largest beneficiaries of the Social Climate Fund, which will create a significant opportunity to reduce the energy poverty rate nationally.
The Prime Minister's Chancellery announced the start of a national tour of regional conferences within the Circulario accelerator.
Romania faces a shortage of charging stations, but increasing EV adoption highlights growing demand.
This trend suggests a growing interest among Romanians and companies in adopting this energy efficiency measure.
Mercedes-Benz has revealed its intention to initiate testing of an 11-megawatt-hour system at its Rastatt car factory in Germany, commencing in 2025.
Antibiotice Iasi has inaugurated a 2.5 MW photovoltaic facility, a project funded by the Romanian Recovery and Resilience Plan (RRP).
EBRD has approved a financing package totaling €91.4 million for the establishment of a new wind farm in Serbia.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
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.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
