The largest photovoltaic park in Europe is being built in Arad, Romania. The investment amounts to €800 million and will start this summer, in the Pilu - Grăniceri area. The land on which the photovoltaic park will be built has an area of 1,064 hectares.
The funds, provided by RGREEN INVEST's short-term senior debt fund INFRABRIDGE III, will be used to support the construction of 14 fully merchant solar PV projects that amount to a total capacity of 76 MWp.
The Romanian company OMV Petrom, controlled by the OMV Group from Austria, plans to install photovoltaic panels in half of the gas station network by 2025.
The National Energy Regulatory Authority (ANRE) approved the establishment of new photovoltaic power plants with a cumulative power of 95 MW.
Property developer Speedwell says it will be installing photovoltaic panels on two of its office projects in Bucharest and Cluj-Napoca in a bid to make its building more sustainable.
The energy supplier and distributor Electrica has completed the acquisition of the project company Green Energy Consultancy & Investments, which is developing the Vulturu photovoltaic project, Vrancea county, with an installed capacity of 9,75 MW (evacuating power in the network).
As the European Union has proposed the move towards zero-emission buildings by 2030, a significant portion of the energy consumption of these projects should be covered by energy from renewable sources.
Serbian conglomerate MK Group and Slovenian investment fund Alfi Green Energy are investing €155 million in the Krivaca wind farm, in eastern Serbia.
The President of the Hungarian Energy and Public Utility Regulatory Authority (MEKH) has issued a decree extending the deadline for the implementation of power plants under preparation to receive renewable energy production subsidies.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
Ocean Winds, a joint venture equally owned by EDP Renováveis and Engie, has selected Polish firm Crist Offshore to deliver the offshore substation for its 500 MW BC-Wind project.
R.Power Group, one of Europe's leading renewable energy companies, has secured a €12.4 million project finance agreement with Bank Gospodarstwa Krajowego (the Polish National Development Bank).
