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 It shows that poor insulation and outdated heating systems lead to above-average energy consumption and higher costs.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
