Romania's Energy Ministry has allocated €13.38 million in non-refundable Modernisation Fund financing to various universities and municipalities for developing renewable energy sources (RES) and storage capabilities.
The renewable energy developer OX2 has finalized a sale agreement for a 99.2 MW onshore wind project in Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura.
Restart Energy, a Romanian company specializing in renewable energy, announced the completion of a 225 kW photovoltaic (PV) installation for the local pastry business, Cibibon.
The study indicates that only half of the available land deemed suitable for renewable energy is needed to achieve the EU's decarbonization goals by 2040.
Romanian technology and engineering company Simtel Team has secured a 13.4 million euro contract with an undisclosed metallurgy sector company to build a photovoltaic park.
Keppel MET Renewables has completed the acquisition of 100% of the shares in two photovoltaic projects in the Italian regions of Piedmont and Lombardy.
The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
Electrica has completed the acquisition of the project company New Trend Energy having as its main object of activity the generation of energy from photovoltaic sources.
EU has approved a €10.82 billion French scheme to support the deployment of offshore wind energy, which will help foster the transition towards a net-zero economy.
PPD Global, a leading distributor of premium beverages in Romania, has invested €500,000 to equip its Bucharest logistics center with modern photovoltaic panels, totaling 405 kWp of installed power.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.