The investment initiative primarily involves the installation of photovoltaic plants and storage facilities across 29 electrical energy stations.
Romania has developed its strategic document in response to the EU Hydrogen Strategy.
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.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
