Tag: renewable energy (405 articles)

Energy   |   27 June, 2023 at 3:15 PM

Preserves manufacturer Vascar installs PV system in Vaslui

Vascar, one of the main producers of meat preparations and preserves in Romania, installed a system of photovoltaic panels worth RON3 million (€600,000) close to the production unit in Vaslui. The project consists of 1,400 panels, on an area of 12,000 sqm, with an installed power of 770 kWp, the company says in a press release.

Energy   |   27 June, 2023 at 9:30 AM

Eurohold puts into operation Bulgaria's largest PV park

Eurohold Bulgaria has commissioned the 123 MW Verila solar park located in Dupnitsa in southwest Bulgaria, according to Enerdata. Eurohold is the group that owns the bankrupt Euroins Romania insurance company. The photovoltaic power plant is currently the largest in Bulgaria.

Energy   |   23 June, 2023 at 3:00 PM

EU invests €110 million in green energy in Zambia

Commissioner for International Partnerships, Jutta Urpilainen, announced the resumption of budget support for Zambia and launched three programs worth €110 million under Global Gateway. The announcement was made alongside President Hakainde Hichilema and Minister of Finance and National Planning Situmbeko Musokotwane.

Energy   |   23 June, 2023 at 12:30 PM

wpd to build 30 MW solar power plant in Croatia

wpd, a renewable energy developer based in Germany, plans to build a solar power plant at the site of its existing wind farm Katuni in Croatia. The new solar power plant with an installed capacity of 30 MW and the existing wind farm with a capacity of 34.2 MW will together deliver a maximum of 39 MW to the grid at a time. This is in line with wpd's existing connection contract with the transmission system operator.

Energy   |   21 June, 2023 at 3:00 PM

CIECH Soda Romania starts production of solar energy

CIEH Soda Romania has started the production of solar energy, as a result of an investment of RON1.7 million (€340,000) in a photovoltaic park. The investment marks a new activity in the development process of the company, which currently produces liquid silicates, an important raw material for the tire industry, the detergent industry, and the paper industry, in the production of chemicals used in construction and for materials used in welding.

Energy   |   19 June, 2023 at 3:30 PM

EU aims for 42.5% renewable energy share by 2030

The ambassadors of the EU member states reached an agreement on the expansion of renewable energy until 2030. France obtained assurances that nuclear energy will have a more important role in the energy transition and thus gave up its last opposition moment.

Energy   |   16 June, 2023 at 2:30 PM

Carmistin Group opens poultry farm in Olt County with PV panels

The Carmistin Group invested €8 million in a poultry farm in the town of Potcoava in Olt County. It is the first farm of the Group to benefit from a power plant that uses biomass to heat the halls. Also, for electricity consumption, the project was provided with photovoltaic panels mounted on the roofs of the halls.

Energy   |   16 June, 2023 at 10:30 AM

A locality in Cluj County consumes only renewable energy

The municipality of Caianu in Cluj County will cover its own electricity consumption from renewable sources. The Cluj County Council issued the urban planning certificate necessary for the establishment of a solar power production capacity to cover 99% of Căianu locality's own consumption, in Cluj County.

Energy   |   15 June, 2023 at 10:30 AM

Purcari Winery installs PV system at Bostavan Winery

Purcari Wineries Public Company Limited continues its efforts in sustainability by extending its photovoltaic system located at Purcari Winery and installing a new System on the premises of Bostavan Winery. The existing Solar Panel System installed in 2022 on the rooftop of Purcari Winery's production site, was extended with an additional 300 kW.

Regulation   |   9 June, 2023 at 11:30 AM

EU Modernisation Fund invests €2.4 billion to accelerate green transition

The European Union's Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernize their energy systems, reduce greenhouse gas emissions in energy, industry, and transport, and improve energy efficiency. It is the joint largest disbursement to date and will boost Europe's green transition.

Energy   |   6 June, 2023 at 3:30 PM

Lithuania needs to transpose EU rules regarding renewable energy

The European Commission urges Lithuania to fully transpose the Renewable Energy Directive. The European Commission decided to send a reasoned opinion to Lithuania for not having fully transposed EU rules on the promotion of the use of energy from renewable sources set out in Directive (EU) 2018/2001.

Energy   |   6 June, 2023 at 10:00 AM

ENNA to invest €1 billion in green projects in Croatia

Energia Naturalis (ENNA) investment group from Croatia is starting preparations for an initial public offering (IPO) and plans to invest over €1 billion into green projects in Croatia. The company is developing large renewable energy projects, primarily solar and geothermal.

Energy   |   25 May, 2023 at 10:25 AM

DTEK Renewables International buys 50 MW renewable energy project in Romania

DTEK Renewables International, part of the DTEK group founded in 2005 by billionaire Rinat Akhmetov, acquires a greenfield project from the Romanian company Finas Invest SRL, which is based in Cluj-Napoca and operates on the renewable energy market. The acquisition of the photovoltaic plant with an installed capacity of 49.38 MW, located in the village of Glodeni, Mureş county, was announced by the law firm Wolf Theiss, which consulted DTEK Renewables.

Industry   |   17 May, 2023 at 9:24 AM

Poland and Japan step up hydrogen cooperation

Poland and Japan have signed an MoU which will deepen hydrogen cooperation between the two countries. The agreement aims to deepen bilateral cooperation in the production of renewable, low-emission hydrogen and the development of a “sustainable and affordable” hydrogen supply chain in the areas of energy, transport, heating, and industry.

Energy   |   15 May, 2023 at 10:10 AM

Greece wants to import renewable energy from Egypt

Greece and Egypt are discussing a partnership through which the import of electricity obtained from renewable sources in Europe will be carried out through the GREGY project. GREGY will enable the supply of 3,000 MW of green energy from Egypt to Greece. The project received a vote of confidence from the governments of the countries involved.

Business   |   21 April, 2023 at 9:11 AM

Konica Minolta wants to consume only renewable energy

Konica Minolta aims for 100% renewable electricity consumption by 2050. With two new major climate targets in its portfolio, the company aims to further reduce its impact on the environment. The company has set as its goal the reduction of greenhouse effect emissions by saving energy.

Energy   |   18 April, 2023 at 5:48 PM

Renewable energy supports the EU's primary energy production

In 2021, the source that contributed the most to the EU's primary energy production was renewable energy, respectively 41% of the total energy production in the European Union. In the case of Romania, the main sources of energy in 2021 were natural gas (32.3%), renewable energy (26.7%), solid fuels (14.5%), crude oil (14.1%), and nuclear energy (12.5%).

Regulation   |   18 April, 2023 at 4:07 PM

EP adopts key laws to reach 2030 climate target

The EP adopts key laws to achieve the 2030 climate goal. Free allowances under the Emissions Trading Scheme (ETS) will be phased out in 2026. GHG emissions in the ETS sectors must be cut by 62% by 2030 compared to 2005 levels.

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Energy

Waldevar Energy builds utility-scale PV parks in Romania

Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.

Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.