Energy | 25 October, 2023 at 4:10 PM
ECITIM completes 13 PV parks, with a power of over 6 MW
ECITIM, a Romanian start-up in the field of energy, has completed 13 photovoltaic parks during the last year.
ECITIM, a Romanian start-up in the field of energy, has completed 13 photovoltaic parks during the last year.
The European Commission has set out immediate actions to support the European wind power industry.
From November 5, 2023, farmers and processors can submit projects for the realization of new capacities to produce electricity from solar or wind sources in the agricultural sector, land improvements, and the food industry.
The energy producer Hidroelectrica has completed the modernization of the Slatina Hydropower Plant, an important objective in the company's portfolio.
Garanti BBVA Leasing, part of the Garanti BBVA Group, has signed a new loan agreement with the International Finance Corporation (IFC), a member of the World Bank Group, in the amount of €20 million.
E.ON has connected the millionth renewable energy plant to its distribution system and is celebrating an energy transition anniversary.
Atria Urban Resort, a residential complex developed in the north-western area of Bucharest by EVERGENT Investments, in partnership with Cityring Development, has installed 296 solar panels that will produce energy for heating domestic hot water.
E.ON Energie Romania has completed the construction and installation of a photovoltaic energy generation system for the Printmasters company, from Maramureş County, as part of a partnership concluded this year.
Naxxar Renewable Energy Management Holding has entered into a conditional agreement with Polenergia, for the sale of a substantial 60% stake in the development vehicle of the NX4 Wind Farm, one of the largest onshore wind energy projects in Romania and, by extension, also in Europe.
FAN Courier has invested €1.8 million in a photovoltaic panel installation, and the electric vehicles in its fleet will soon be charged with green energy produced "in-house", said Adriana Manu, FAN Marketing & Communication Director Courier, for Economica.net.
Promateris has completed the project for the manufacture of bio-based packaging.
The participants in the grid connection process encounter legislative barriers, bureaucratic barriers, and barriers associated with financing, but also some generated by the insufficient development of the electrical transmission and distribution networks.
Vantage Towers, a leading European infrastructure operator, is currently exploring the possibility of implementing in Romania some of its sustainable initiatives, based on green energy, that are tested in the present in some other European markets.
The European Commission has approved a €193 million Lithuanian scheme to support offshore wind farms to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan.
The total amount of sustainable loans granted by Raiffeisen Bank last year exceeded €500 million and the entire portfolio of green products for corporate customers reached €435 million, says Laura Mihăilă, Director of Marketing, Communication & CX at Raiffeisen Bank Romania. She talked to Green Forum about Raiffeisen Bank Romania's ESG strategy and the measures the bank is implementing to reduce the negative environmental impact.
Compania de Apa "Someș" S.A., a company operating under the Cluj County Council, has signed the financing contract for the "Photovoltaic power plant installation" project.
A very important project that Hidroelectrica is currently considering is an investment of around 1,500 MW in floating photovoltaic panels.
Romania is one of the countries that has undertaken a very ambitious decarbonization plan, says the Minister of Energy, Sebastian Burduja.
State-owned coal and power producer Elektroprivreda Crne Gore (EPCG) received urban planning and technical requirements from the government in Montenegro for a solar power project with a peak capacity of 47 MW in Nikšić.
In the coming years, Romania has at its disposal unprecedented European funds of billions of euros for the transition to an energy sector with low emissions.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.
Orlen has committed to driving the energy transition and a greener future.
The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies
Investment firm Mezzanine Partner has introduced the €100 million Energy Adria Fund, Croatia's first energy fund classified as "dark green".
