Energy
Greenvolt Group signs contract with Flora Food Group for two solar projects
Together, the two facilities will have an installed capacity of more than 2.8 MWp, generating more than 3 GW/h per year.
The company is also launching the new Rețele Electrice Romania website, www.reteleelectrice.ro, with a series of new features.
Through its new business line, Simtel offers integrated solutions tailored to the specific needs of each client.
The works will consist of the construction of two new medium voltage lines that will have a length of 13.5 km.
Nokian Tyres new passenger car tire factory in Oradea, Romania will operate entirely without fossil fuels
The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
Rompetrol Rafinare announces a turnover of 3.57 billion dollars and losses of 66.7 million dollars in the first 9 months of the year.
The Group's management updates the Strategic Plan targets for the period 2025-2027.
In terms of operational highlights, the owned renewable energy sources (RES) production registered a 38% YoY increase in the first nine months of 2024.
The wind turbine installed by Eurowind Energy is the first of a total of 8 Siemens Gamesa SG 6.6-170 turbines, the largest type of wind turbine generator in Romania.
The project brings energy cost savings of around €100 000 per year and over €2.5 million over the lifetime of the system.
Since 2004, the company has carried out over 12.5 million technical analyses, directly supporting the Petromidia Navodari and Vega Ploiesti refineries.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
With an installed capacity of approximately 710 MW, the photovoltaic parks acquired by OMV Petrom are among the most important projects of this type in South-Eastern Europe.
The 23 wind turbines will be located on land plots in the localities of Deleni, Costești, Bogdănești, while the interconnection transformer station will be located in Banca.
Validation of near-term and long-term science-based greenhouse gas emission reduction targets to reach net-zero by 2040.
The transaction was closed in October 2024, coinciding with the completion of the previously announced sale by Renovatio of 50% of the shares of Electrocentrale Borzești.
More and more Casa Verde beneficiaries want to install photovoltaic systems to have zero energy consumption, not just to cover the minimum daily consumption.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
The Technology and Innovation Division will focus on deploying advanced AI-based systems for ESG management, streamlined operations, and data-driven decision-making.
The renewable energy generated, which could power around 73,000 households annually, will help avoid almost 63,000 tonnes of CO2 emissions.
To execute these projects, the two companies intend to utilize their own financial resources, bank financing, and European funds.
The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
57% of Romanian consumers buy banking products online, nearly double that of 2020 (30%).
Seven out of ten companies in Romania expect an increase in impact of circular economy regulations from moderate to high and very high in the next five years.
Improving access to safe drinking water, sanitation, irrigation and enhanced flood protection will support the Sustainable Development Goals.
The first building of the Stellaris residential project in western Bucharest is 95% sold, and the works on the second one are progressing according to schedule.