BRD Groupe Société Générale has entered into a new partnership agreement with the European Investment Fund (EIF) to guarantee loans that finance sustainable projects.
This deal will support Nala Renewables' €214 million acquisition and development of a 99.2 MW onshore wind project in eastern Romania.
In the first quarter of 2024, the EU economy's greenhouse gas emissions were estimated at 894 million tonnes of CO2-equivalents.
In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU.
A new photovoltaic park is set to be constructed at Iași Airport, Romania, spanning five hectares.
Wind and solar power have reached a share of 30% of European Union (EU) electricity generation, overtaking fossil fuels for the first time.
Hidroelectrica Group experienced a decline in operational and financial performance during the first half of 2024 compared to the same period in 2023.
PROMELEK XXI recorded a turnover of €1.66 million from the installation of turnkey photovoltaic systems in the first six months of the year.
EBRD will provide a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH) to develop and construct a 50 MWp solar power plant on a former coal ash landfill site.
The German group E.ON invested €2.9 billion in the energy transition during the first half of this year, an increase of over 20% or €500 million compared to the previous year.
CMS Law Firm has advised Nala Renewables (Nala on the acquisition of a 99.2 MW onshore wind project from OX2, one of Europe's leading developers of renewable energy sources.
Romania is a key market for the Coca-Cola System and for our sustainability agenda, not only because it's the right thing to do for the environment.
The updated Directive on industrial and livestock rearing emissions entered into force on 4 August, revising the former Industrial Emissions Directive (IED).
EIB has granted a €35 million green loan to Haizea Wind Group, a Spanish company specializing in manufacturing components for the wind energy sector.
EIB has provided a €50 million green loan to Matrix Renewables for the development of five solar photovoltaic plants with a combined capacity of 240 MW in Spain.
R.Power has announced the signing of contracts for the general execution of a 23 MWp photovoltaic park portfolio.
In 2023, 1.5 million new battery-only electric passenger cars were registered in the EU, raising the total to 4.5 million.
Deloitte Romania assisted the Turkish energy company Entek Elektrik Üretimi A.Ş., primarily engaged in the green energy sector, in acquiring Romanian companies.
The Galați City Hall announced that the funding contract for setting up the first photovoltaic park with European funds has been signed.
Romania's renewable energy sector has seen significant growth in the past few years and it offers further potential to achieve the planned climate neutrality in the year 2050.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.
Orlen has committed to driving the energy transition and a greener future.
The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies
Investment firm Mezzanine Partner has introduced the €100 million Energy Adria Fund, Croatia's first energy fund classified as "dark green".
