This is a first step, as the ultimate goal is to transform the plant into a zero-energy and zero-greenhouse gas emission platform.
This investment is crucial for mitigating environmental impacts and facilitating the transition to a sustainable energy framework.
Wind and hydropower collectively accounted for over two-thirds of the total renewable electricity generated (37.5% and 29.9% respectively).
The voluntary framework is intended to facilitate and speed up the deployment of high-quality carbon removal and soil emission reduction activities in the EU.
These funds are allocated for grid expansion and modernization projects valued at a total of €645.7 million.
BayWa r.e. is set to acquire the Poarta Albă solar park project in Romania in 2024, originally developed by HVAC Systems.
The project implementation period is 12 months, from December 2023 to December 2024.
Within this segment, fully electric cars will have a 12.7% market share, equivalent to a 24.7% jump in registrations compared to the previous year.
This initiative aims to attract an additional € 5.4 billion in private investments.
Leroy Merlin Romania will cease the sale of halogen bulbs, offering exclusively LED products, starting from May 2024.
The Ministry of Environment announced that more than 2 million packages were returned by consumers.
Pipe manufacturer Artrom Steel Tubes will invest more than €6 million in 2024 to optimize measures to reduce carbon emissions and fuel consumption.
Alexandra Floricică, Head of Sustainable Development at Procredit, talked about ProCredit's goals, strategies and initiatives aimed at reducing its environmental footprint while supporting the transition to a low-carbon economy.
This highlights a significant shift in the company's strategy, moving towards clean and sustainable energy sources.
Targoviste City Hall will build a photovoltaic park by December 2026 with European money on an area of 50,000 square meters.
They are located in the Muntenia area, at a maximum distance of 80 kilometres from the Bucharest.
Waldevar Energy contracted a total of 481 MW in photovoltaic projects across Romania during 2023.
EBRD will guarantee up to €25 million for a loan provided by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria.
More than €800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks.
EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
The Romanian Competition Council announced its analysis of the deal through which Greece's Public Power Corporation (PPC) plans to acquire the operators of the Fântânele-Cogealac wind farm.
Photon Energy has connected a new 7.5 MWp solar photovoltaic (PV) power plant to the grid in Romania, marking its twelfth operational plant in the country.
Eurowind Energy signed a Shares Purchase Agreement in August for the acquisition of different projects totaling 11 PV projects of 5MW AC each.
Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.
