GREEN ENERGY
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Aquila Steps Up Investment in Photovoltaic Plants
Aquila Part Prod, the largest player on Romania’s consumer goods distribution market, is investing over EUR220,000 to expand the photovoltaic plant launched in late March, as well as in the...
Kosarom Set to Invest EUR278,000 in Photo-Voltaic Generators
Kosarom group, a major meat producer in Romania, majority owned by entrepreneur Neculai Apostol, will invest EUR278,000 to install 400 kWp photo-voltaic generators.
Lithuania’s Investment Fund INVL Buys New Solar Power Projects in Romania
INVL Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has bought another 6 solar power projects in Romania, with a capacity of around 103 MW, thus holding around 269 MW...
Enel Green Power, First Heavyweight to Enter Romania’s Second Green Wave
Enel Green Power Romania, the local green power unit of Italy’s Enel, one of Europe’s most powerful utilities group, in early August got the technical approval to connect two large solar pow...
Packaging Maker Promateris Gets EUR597,000 Funding; Continues Investment in Sustainable Business Development
Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the pr...
Rodbun Has RON50M Investment Budget for 2022
Rodbun group has a total investment budget of RON50 million in 2020 and envisages company acquisitions, renewable energy production and the setting up of a digital agricultural bank, explain...
Tohani Earmarks over EUR9M to Invest in Winery Retooling and Green Energy in 2022
Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power.
OMV Petrom Switches from Oil to Green Energy and Gas
OMV Petrom, Romania’s sole oil and gas producer, is radically changing its investment directions until 2030, with over half of the company’s budget set to go to green energy and gas.
Paper Producer Pehart Mulls Green Hydrogen Production; Conducts Feasibility Study for Photovoltaic Park
Paper manufacturer Pehart, controlled by private equity fund Abris Capital, is considering producing green energy, as an alternative energy source, with the company carrying out a pre-feasib...