The European Investment Bank (EIB) will finance the construction of a new wind farm in Lower Austria with an initial loan of €20.1 million to WEB Windenergie AG (W.E.B).
EBRD will provide a loan of €55 million to Turkey's Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity.
Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
Zero-carbon sources made up over 40% of the electricity the world generated for the first time last year, according to new research.
Energy Minister Sebastian Burduja has approved the ministerial order for the Contracts for Difference (CfD) scheme.
Hygreen Energy and Coxabengoa have signed a strategic agreement to accelerate the production capacity expansion that will accelerate European hydrogen project development.
Simtel Team, in partnership with solar energy company Grunman Energy, will develop a 5 MW photovoltaic (PV) park in Bârlad, Vaslui county.
University Politehnica Bucharest invests in green energy. The university has signed a project worth over €5.87 million, funded through the Modernization Fund program, administered by the Ministry of Energy.
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
The Commission has adopted four guidance documents to help EU countries transpose and implement revised renewable energy and energy efficiency directives into national law.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
PPD Global, a leading distributor of premium beverages in Romania, has invested €500,000 to equip its Bucharest logistics center with modern photovoltaic panels, totaling 405 kWp of installed power.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
Helexia has installed 27,000 photovoltaic panels in 28 retailers Auchan and Leroy Merlin.
SIPEX, a major Romanian distributor of construction and finishing material, has announced a partnership with Menlo Electric.
Renewable energy sources are unpredictable. In winter, when the sun isn't shining, and the wind isn't blowing, energy production often falls short of demand.
Rezolv Energy has awarded contracts to three companies for the construction of the 229 MW St. George solar park in Silistra, northeastern Bulgaria.
Hidroelectrica has signed contracts with the Hidroserv and UCMH consortium to modernize the Vaduri, Remeți, and Arcești hydroelectric plants.
These investments will reduce local energy costs, create jobs, and improve the quality of life.
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.
