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.
ENGIE Romania has announced the investment decision and the start of works for the construction of a photovoltaic park with a total capacity of 37.2 MWp, in Ariceștii Rahtivani commune, in Prahova County.
PAD RES, a leading Polish developer in the clean energy sector, has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 million (€54 million).
Romania will have access to more clean energy in the coming years and by the end of next year, capacities of 735 MW of installed power could be put into operation, says the Minister of Energy, Sebastian Burduja.
OMV Petrom, the largest integrated energy company in Southeast Europe, announces the signing of the financing contracts to construct four photovoltaic parks with a cumulated capacity of 450 MW.
OMV Petrom, the largest integrated energy company in Southeast Europe, signed an agreement for the purchase of several projects for the construction of photovoltaic parks in Teleorman County.
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.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
