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.
DTEK Renewables, a company owned by Ukrainian billionaire Rinat Ahmetov, installed the largest wind turbine in Romania, in Ruginoasa.
Danish developer and operator of wind, solar and hybrid projects, Eurowind Energy, starts construction of the Pecineaga 48 MW wind farm in July this year.
The process of obtaining all the authorizations necessary to put new energy production capacities from renewable sources into operation is difficult and takes a long time, according to a study carried out by the Competition Council.
The Electromontaj Group announces the start of the partnership with DTEK Renewables International & Moldova Eolian, part of the DTEK energy and utilities group, owned by Rinat Akhmetov, the richest Ukrainian, for the implementation of the wind farm in Ruginoasa commune, Iasi county, worth €90 million, Iasi county. After winning the tender, Electromontaj signed the contract for the design and construction of the infrastructure for the largest wind farm in the Moldova region, with an installed power of 60 MW.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
Ocean Winds, a joint venture equally owned by EDP Renováveis and Engie, has selected Polish firm Crist Offshore to deliver the offshore substation for its 500 MW BC-Wind project.
