Ensys Group invests €25 million in green projects in Romania
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
Liberty Steel is working hard to improve their renewable energy sources, with the first 50MW of our proposed 250MW on-site solar farm programme already in development.
As part of the drive to decarbonize its European refineries, TotalEnergies launched a call for tenders for the supply of 500,000 tons per year of green hydrogen.
The Society for the Administration of Energy Participations (SAPE SA) has received funding from the National Recovery and Resilience Plan (PNRR) for its energy storage project using green hydrogen.
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.
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 refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
RWE has secured funding for its Eemshydrogen initiative aimed at constructing a 50-megawatt electrolysis facility to produce green hydrogen.
These contracts have been signed with the Ministry of Energy and involve a maximum funding of €50 million, while the total investment is around €140 million.
The President of Romania, Klaus Iohanis, has promulgated the Law on the integration of hydrogen from renewable sources and with low carbon emissions in the industry and transport sectors.
OMV Petrom, the largest integrated energy company in Southeast Europe, announces the signing of a financing contract through the National Plan for Recovery and Resilience for the construction of a hydrogen production capacity by water electrolysis at the Petrobrazi refinery. The contract was signed with the Ministry of Energy, for a maximum value of about €39 million, the total investment being estimated at about €74 million.
E-Infra started the project of a green hydrogen plant of 5 MW, in Turda, financed by PNRR. The facility would produce, annually, about 518 tons of green hydrogen, and the commissioning date is June 30, 2025. The total value is RON50.2 million (€10.04 million).
Delgaz Grid begins, in the Mediaș training ground, the tests within the 20HyGrid project, through which it aims to validate the use of the technological solution based on the mixture of 23% hydrogen with natural gas. The company shows that Romania has the remarkable potential both in terms of the production of green hydrogen, but also in terms of the production of renewable energy from which green hydrogen is produced.
Several Romanian companies receive money from the state through PNRR for green hydrogen production. The Ministry of Energy signed financing contracts for 7 projects to build green hydrogen production capacities.
Europe emerges as the largest producer of green hydrogen, the “clean” energy that could transform by 2030 the heavy industry, refinery, aviation, road freight and sea transports.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
ArcelorMittal Poland, a subsidiary of the global steel giant ArcelorMittal, has begun commissioning new hydrogen furnaces in its annealing shop in Krakow.
The Romanian Ministry of Energy is set to allocate an additional €150 million for electricity storage batteries.
Amazon has added 100 new renewable energy projects, bringing its total capacity to over 33 gigawatts, solidifying its position as the largest corporate buyer of renewable energy.