Rompetrol Rafinare invests €9 million in Petromidia hydrogen plant upgrade
Rompetrol Rafinare has upgraded the Hydrogen Power Plant (HPP) at the Petromidia refinery with an investment of nearly €9.1 million.
Rompetrol Rafinare has upgraded the Hydrogen Power Plant (HPP) at the Petromidia refinery with an investment of nearly €9.1 million.
The project will convert the 400 kV overhead electric line (OHL) between Isaccea and Tulcea West from a single circuit to a double circuit.
FF Ventures has entered the Romanian market and plans to develop 500 MW of solar projects and 500 MW of energy storage projects over the next three years.
The European Union has allocated €2.967 billion through the Modernisation Fund to support 39 energy projects across 10 EU Member States.
Investments in renewable energy remain below the level needed to meet COP28's goal of tripling green energy capacity by 2030.
However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.
Econergy has signed an agreement to sell its Niculești solar project to Enspire Enerji, investment branch of Turkey-based Entek Elektrik.
Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network.
The European Commission has launched the European Solar Academy, the first in a series of EU Academies to be set up under the Net-Zero Industry Act (NZIA).
Ember estimates that 20% of global electricity generation across midday peaks on the solstice today will come from solar and in the entire month of June.
This partnership involves virtual Power Purchase Agreements (vPPAs) for clean power generated by Rezolv's impressive Vifor wind farm in Romania.
OMV Petrom announced a revision of their 2030 strategy, focusing on a bigger push for renewable energy, sustainable fuels, and making electric vehicles more accessible.
The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.
Henkel announced that the company aims to reduce carbon dioxide emissions from its business by 100 million metric tons between 2016 and 2025.
DRI continues its investments in Romania with the acquisition of a 126 MW photovoltaic park in Văcărești, Dâmbovița county.
The new wind park will in its first phase provide about 192 MW in capacity, which will be expanded to about 461 MW in the second phase.
Premier Energy signed the development of two photovoltaic projects with a combined capacity of 86 MW and 18 MW of storage capabilities.
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
Romanian brewing companies have invested in advanced wastewater treatment plants to treat and reuse water and reduce the pollution load on local water bodies.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
EIB and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy, and Portugal.
Electric cars (BEV) will reach 20-24% market share in 2025, according to Transport & Environment (T&E) modeling based on sales in the first half of this year and sales forecasts.
The new IEA report offers a first-of-its-kind global stocktake of efforts to integrate variable renewables across 50 power systems, identifying best practices and key challenges.
In the context of the floods that have impacted Romania, the Raiffeisen Bank team has extended its support to civil society.