Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
The paper producer Pehart Tec Grup SA will install a 2 MW photovoltaic system with storage.
The Baneasa Zoo has been equipped with a 97 kW photovoltaic system, the photovoltaic panels being placed on the roof of the administrative buildings.
At the national level, there are about 5.6 million houses where photovoltaic systems can be installed, and the market potential is €24 billion.
Romanians will have €1.1 billion available for photovoltaic panels and the energy efficiency of homes.
Compania Națională Aeroporturi Bucharest (CNAB) is running energy efficiency projects that add up to savings of around 4,307 MWh/year.
E.ON Energie Romania has completed the construction and installation of three photovoltaic energy generation systems for the AgranoLand company, as part of a partnership concluded in 2022.
Romania requests, through the RePowerEU mechanism, substantial European funds for subsidizing the installation of photovoltaic panels for natural persons. It is about €400 million, the amount that could be included in some kind of complementary program to the program of the Environmental Fund Administration for the installation of photovoltaic panels on residential homes.
The online store of security products Atu Tech triples its investments in photovoltaic systems, to over €1 million, and estimates that sales of such products will generate 15% of the total turnover. The company lists more than 600 products in the photovoltaic systems category, which covers a broad spectrum of demand, and shows that it decided to make such an investment due to the high demand for photovoltaic systems.
Wetterbest is expanding its product portfolio with photovoltaic plants for the residential segment, autonomy in electricity consumption, and even energy independence. The company has three types of photovoltaic systems: on-grid, hybrid, and off-grid.
Changing the heating system and replacing doors and windows can reduce the carbon emissions of a single-family home by more than 80 percent, according to a CO2-Optimist study by the Swiss research institute EMPA for E.ON. It shows that poor insulation and outdated heating systems lead to above-average energy consumption and higher costs.
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.
