ESG | 21 January, 2025 at 9:50 AM
Romania Eficienta completes new energy renovation project
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
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.
The project aims to modernize the electricity distribution infrastructure in the area located at altitude, within the radius of the municipalities of Slatina Timiș, Brebu Nou.
Restart Energy has completed more than 150 PV projects and more than 50 MW installed with the capacity to produce 20.54 GWh and avoid 13,411 tons of CO2 emissions.
Speedwell Polska, the new division of Speedwell, has made its debut in Poland with the acquisition of a 2,290 sqm plot jointly owned by BPI Real Estate Poland and Acteeum.
Construction of the project began in May 2024 and is planned to be completed by the end of 2025.
Oil major OMV Petrom has delivered the first electrolyser module for green hydrogen production at its Petrobrazi refinery, marking progress in the 20 MW green hydrogen project.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
Israeli developer Econergy Renewable Energy has secured €31 million in project financing from Kommunalkredit for its 60MW Ovidiu solar project in Romania.
PPC Blue Romania, part of the PPC group, has partnered with retailer Selgros to install a network of 100 charging points for electric vehicles across stores in 7 cities, with a total installed power of 5,800 kW.
Alive Energy has acquired Green Storage Farm, a battery energy storage system with 82.8 MW of installed power and 181 MWh storage capacity. The project has reached ready-to-build status and received foreign direct investment screening clearance.