PPC announced that it has entered into a binding agreement with Evryo Group, owned by funds managed by Macquarie Asset Management, to acquire their renewable energy generation portfolio in Romania.
The European Bank for Reconstruction and Development (EBRD) is providing €12.2 million for the construction of two solar power plants in Romania's Dolj County.
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.
EBRD will provide €100 million in funding to Enefit Green for the development and operation of the 255 MW Sopi-Tootsi wind park in Estonia.
The European Commission has approved a €998 million Dutch initiative under EU State aid rules to promote the production of renewable hydrogen.
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.
Allview Solar Energy has signed a contract with Autoliv Romania to implement a significant 5.7 MWp photovoltaic project.
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.
Restart Energy announced the completion of a 350 kW photovoltaic (PV) plant for local agricultural firm Cerealcom Timis.
The European Bank for Reconstruction and Development (EBRD) is extending a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem.
Renewable energy production in Italy surged by 27.3% in the first half of 2024 compared to the same period in 2023.
Minister of Energy has signed 24 financing contracts aimed at supporting investments in new electricity production capacities from renewable sources.
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.
Nala Renewables has announced an agreement with Monsson, to acquire a 61 MWp solar photovoltaic (PV) project in Western Romania.
Amazon achieved a milestone in 2023 by matching all electricity consumed by its operations, including data centers, with 100% renewable energy.
With heatwaves and constant increases in energy prices, more Romanians are seeking ways to lower costs and alleviate concerns about energy bills.
Rezolv Energy has signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
