Tag: Romania

Romania Inaugurates New Solar Park with Energy Storage System

In Sărmășag, Sălaj County, the "Sărmășag" solar park has been officially inaugurated, marking a significant step in Romania’s energy transition. The new solar facility, with an installed capacity of 51.4 MW, also includes...

Romania Nearing the Adoption of a New Investment Program “Green Energy” 2024-2030

The Ministry of Energy of Romania has launched a public consultation on the draft emergency ordinance for the national investment program "Green Energy," aimed at supporting administrative-territorial units and operators in centralized...

Backing Romania’s Green Ambition with 110 Million Euros Finance Package

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania,...

EBRD is Supporting Renewable Investments in Romania

The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...

Romania adopts offshore wind law

The Romanian Parliament adopts the country’s first Offshore Wind Energy Law. This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of its offshore...

What is the Sun Tax and Why Some Countries “Punish” Their Prosumers?

There should be no obstacles for those who want to invest in renewable energy sources on the way to decarbonization of the energy sector. And yet, by introducing the so-called “sun tax”,...

Mihajlovic with the EIB: Energy Transition and Various Gas Suppliers are Crucial for the Development and Security of Serbia and the Region

Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D, met with Matteo Rivellini, Head of the Western Balkans Division at the European Investment Bank (EIB), and discussed with...

EBRD and Ascendis Launch Regional IncubatorX SME Programme

The European Bank for Reconstruction and Development (EBRD) and Ascendis, a training and consulting company, today launched IncubatorX SME, a programme through which companies in Bulgaria, Croatia, Romania and Serbia can engage with top entrepreneurs and consultants, who...

Car Leasing and Rental Company Plans to Cut Fleet’s Carbon Emissions by a Quarter by 2025

The European Bank for Reconstruction and Development (EBRD) is investing  EUR 10 million in a EUR 48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This is Romania’s...

EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group

The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...

Fast-Growing EBRD Green Cities Signs up 50th member, Medias

The EBRD’s fast-expanding EUR 3 billion urban sustainability programme, EBRD Green Cities, has reached a new growth milestone, with Medias in Romania becoming the 50th city to sign up to improve the...

EBRD and EU Advance Honey Producer’s Development in Moldova

Nestled in the picturesque village of Costești, Moldova, Regina Naturii manufactures and trades jars of delicious natural delicacies. The honey producer may well have borrowed its work ethic from industrious bees in...

Marked Improvement in Europe’s Air Quality Over Past Decade

The EEA’s ‘Air quality in Europe — 2020 report’ shows that six Member States exceeded the European Union's limit value for fine particulate matter (PM2.5) in 2018: Bulgaria, Croatia, Czechia, Italy, Poland,...

How the Platform On Sustainable Finance Will Help Define Our Green Future

With an ever more ambitious global green agenda coming into focus, states, markets, blocs and businesses are working to go carbon-neutral in time to keep world temperature rises from exceeding 2C and,...

Renewables Could Cover More Than One-Third of Energy Demand in CESEC

Within ten years, the economies of Central and South Eastern Europe could cover 34 percentage of their rising energy demand cost-effectively with renewables, a new report by the International Renewable Energy Agency...

The Black Sea Region’s Renewable Energy Potential on the Agenda

In less than a month the energy community will get together online to discuss the renewable energy potential of the Black Sea countries. The high-level international investment conference Energy Week Black Sea will...

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