Germany reduces funding rates for energy counselling as demand reaches new heights
The number of applications for state support to pay for counselling on how to improve energy efficiency in residential buildings…
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Environment
EIB lends Nokian Tyres 150 mln. euro for its first ecological factory in Oradea
The European Investment Bank (EIB) granted Nokian Tyres a loan of 150 million euros for the construction in Romania of…
EIB offers Patria Bank the first tranche of the 50 mln. euro MBIL line
The European Investment Bank (EIB), one of the largest multilateral financing institutions in the world and one of the largest…
British Gov’t teams up with the Crown Estate to boost green energy
Britain’s Labor Government, led by Keir Starmer, announced on Thursday that it will partner with the business that manages the…
E.ON: Half of Romanians would like to purchase heat pumps
Although the heat pump market is at an early stage in Romania, more than 50% of Romanians would consider purchasing…
OMV Petrom entered the EIT InnoEnergy Fund, supported by TotalEnergies, Engie, ING, Volkswagen, Siemens
The largest oil and gas producer in Romania, OMV Petrom, became a shareholder of the EIT InnoEnergy fund, co-founded by…
NGOs support increasing the renewables target in the energy Strategy
WWF-Romania (World Wide Fund for Nature), Declic, Bankwatch and 2Celsius sent the Ministry of Energy a series of observations and…
Saudi Arabia increased its fuel oil imports amid a hot summer
Saudi Arabia has increased its imports of fuel oil, to the highest level in the last three years, to be…
Renewables provided more than half of Germany’s consumption
Germany set a new record in the first half of this year, with renewable energy generation covering around 58% of…
EIB supports Raiffeisen through a new agreement of 250 mln. euro for climate actions and digitalization
The European Investment Bank (EIB) signed a new guarantee agreement with Raiffeisen Bank within the Recovery and Resilience Fund. The…
EC recognizes the thermal milestone in the PNRR, holds on green hydrogen
The European Commission adopted two decisions on Monday, issuing a positive preliminary assessment to lift the suspension of the payment…
Petrobrazi Refinery: Investments of over 2 bln. euro by 2030
The Petrobrazi refinery is celebrating its 90th anniversary, OMV Petrom announced. Petrobrazi will continue to play an essential role for…
Marinela Drăcea, CIROM: Carbon capture is the key to Romania’s climate neutrality
Carbon capture, storage and utilization is the vital technology for Romania to achieve its goal of climate neutrality while maintaining…
Antal Lorant: Time for the EU to rethink its energy transition
The elections that have just ended were important because they showed that the voices that wanted to ban the exploitation…
Everyone will pay carbon taxes in one form or another
Everyone, household consumers and businesses, will pay carbon taxes in one form or another. However, by reducing pollution from the…
OMV improved the estimates for 2030; becoming a leader in the energy transition, a priority
The Austrian group OMV, the majority shareholder of OMV Petrom, announced on Thursday that it has revised upwards its estimates…
Schneider Electric, AVEVA and IN-CORE Systèmes – partnership for EV battery production
Schneider Electric and AVEVA have announced a partnership with IN-CORE Systèmes to increase efficiency in the production of electric vehicle…
EU: Germany can grant compensations of 1.75 bln. euro for giving up coal
EU: Germany can grant compensations of 1.75 bln. euro for giving up coal The German Economy Ministry announced on Tuesday…
Ministry of Energy and SAPE announce the start of the CET Titan Heating Power Plant project
Works started On Monday at CET Titan, a fully automated plant that will be equipped with five engine-generator groups (Hydrogen…
Transgaz builds the supply pipeline of the Mintia plant, an investment of 60 mln. euro
The Minister of Energy, Sebastian Burduja and the General Director of Transgaz, Ion Sterian, signed a financing contract for the…
OMV Petrom completes the acquisition of Renovatio Asset Management
OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner…
Eaton’s buy-back solution for upgrading UPS systems: Trade-In 2024
Eaton is running a campaign that aims to provide affordable solutions for modernizing uninterruptible power supply (UPS) systems by replacing…
The value of green lending for companies reached 5 bln. lei in March
The “green” credits granted to companies in Romania amounted to 5 billion lei in March of this year, an annual…