Wind and solar overtake fossil fuels in EU power mix
Wind and solar power have reached a share of 30% of European Union (EU) electricity generation, overtaking fossil fuels for the first time.
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.
The European Commission has approved, under EU State aid rules, a €99.5 million Romanian measure in favor of Nokian Tyres.
DS Smith has partnered with Versuni, a leading home appliance company, to create an innovative fiber-based packaging solution for the Philips Baristina coffee machine.
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.
EBRD will lend €20 million to European charge point operator Allego to finance the construction of EV charging stations in Poland.
The Bioderm Popești-Leordeni Clinic transitioned to green energy, fulfilling its energy needs from its own photovoltaic park, which consists of 54 solar panels producing approximately 21.6 kWh of energy.
PPC announced that it has entered into a binding agreement with Evryo Group, owned by funds managed by Macquarie Asset Management, to acquire their renewable energy generation portfolio in Romania.
Achieving climate neutrality will unlock significant opportunities for development, economic growth, and technological innovation.
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.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.