Finance | 19 January, 2024 at 6:01 PM
Romania's "Photovoltaic Green House" program to have a budget of €400 million
The "Photovoltaic Green House" program will have a budget of RON 2 billion (€400 million) for this year.
The "Photovoltaic Green House" program will have a budget of RON 2 billion (€400 million) for this year.
The Romanian company Arabesque, which manages a distribution chain of construction materials in the country, launched the tender for the construction of a photovoltaic system.
The Galați County Council has approved a thermal rehabilitation and energy modernization project of the facilities related to the Galati County Hospital.
Simtel has announced the completion of the largest photovoltaic power plant installed on the roof of a single building in Romania, namely the Dedeman Turda logistics center.
The Botosani County Council and two subordinate units applied for financing from the Modernization Fund for three projects to realize a photovoltaic park and two photovoltaic power plants.
Vestas wants to become a leader in offshore wind and has announced its plans to establish a new blade factory in Szczecin, Poland.
The EU has built 17 GW of new wind energy in 2023, slightly up in 2022 – and more than ever in a year.
The world has added 50% more renewable capacity in 2023 than in 2022 and the next 5 years will see the fastest growth yet.
Rezolv Energy has secured a license for its 229 MW St. George solar project to be built at the former Silistra airport in Silistra municipality, northeastern Bulgaria.
The company Photon Energy N.V. has announced that its branch in Romania, Photon Energy Engineering Romania, has completed and connected to the grid another photovoltaic plant.
Sunwind Energy, the company bought by Electrica from Muntmark, is looking for a contractor for the "turnkey" construction of the 27 MW Satu Mare 2 photovoltaic park.
UniCredit Bank Romania has financed the photovoltaic plant in Şarmăşag, Sălaj County, with €39.3 million, thus supporting Romania's transition to green energy.
The manufacturer of electronic devices Visual Fan, the company that owns the Allview brand, has built two new photovoltaic plants in Baia Mare.
Restart Energy has completed the installation of a photovoltaic energy generation system for the Kraftalt company, worth approximately €450,000.
Auchan Retail Romania has announced that it continues investing in its green energy transition.
Croatian oil and gas company INA has announced it plans to invest €40 million ($46 million) in a biogas/biomethane plant using agricultural waste.
Braşov City Hall has signed a contract worth over RON 75 million (€15 million), partially financed from non-refundable funds, for the construction of a park of photovoltaic panels.
Real estate developer Portland Trust has sold a photovoltaic project in Dâmbovița County, which occupies an area of 290 hectares and could power a city the size of Brăila.
CCE Holding, a company specializing in the development and implementation of renewable energy projects, is starting the construction of its first photovoltaic park in Romania.
OMV Petrom will acquire a 50% stake in Electrocentrale Borzesti from RNV Infrastructure.
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.
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.
