The Ministry of Energy remains actively concerned with the issue of the systematic blocking of energy projects of vital importance for Romania, for reasons independent of the will of the public authorities or the companies that implement these investments, the relevant minister, Sebastian Burduja, said on Wednesday. His reaction comes after information appeared in the […]
The Commission has today published a call for evidence as part of the preparation for a delegated regulation on ways to help credit institutions identify how they can provide higher financing volumes for the energy renovation of the worst-performing buildings. Based on Article 17 of the recast Energy Performance of Buildings Directive, the secondary legislation will outline a comprehensive […]
Abu Dhabi’s ADNOC has reached an agreement to buy German chemicals maker Covestro for 14.7 billion euros, including debt, in the largest ever acquisition by the Emirati energy giant, Reuters writes. The deal is one of the largest takeovers of a foreign company by a Gulf state as countries in the region seek to reduce […]
Schneider Electric, the leader in the digital transformation of energy management and automation, today shared details on its active participation at Climate Week NYC 2024. Under this year’s theme, “It’s Time,” the company is set to unveil significant decarbonization initiatives, and share insights on the urgent need for progress, to meet the global goal of […]
HEINEKEN, the brewing company with the largest presence in the world, has reached a new milestone in its journey to net zero CO2 emissions by signing additional partnerships under its global Net Zero Production program. These partners will bring technical expertise to support HEINEKEN’s global ambition to reach net zero CO2 emissions in Scope 1 […]
EU countries have committed to achieving ‘carbon neutrality’ by 2050, meaning the EU’s greenhouse gas emissions must reach net-zero by mid-century. While accelerating renewable energy production and using energy more efficiently will make significant contributions on the energy sector’s path to climate neutrality, innovative technologies are also required to deliver the agreed reductions in CO2 […]
Schneider Electric, the world’s most sustainable company and leader in the digital transformation of energy management and automation has partnered with GR3N, the Polyethylene Terephthalate (PET) chemical recycler to create the first open automation system for the advanced plastic recycling industry. With 50% of global plastic waste ending up in landfills and only 9% recycled, […]
Nokian Tyres hosted the Grand Opening of its passenger car tire factory in Oradea, Romania today. The factory operates without utilizing any fossil energy, making it the world’s first full-scale tire factory with zero CO2 emissions. The factory inauguration marks the successful completion of a 2-year long project and sets the ground for commercial production […]
The Government adopted an Emergency Ordinance that amends and completes the Government Emergency Ordinance no. 196/2005 regarding the Environment Fund. Through this amendment, the financing, from the Environment Fund, of projects to expand, convert or modernize natural gas transmission and distribution networks is allowed. These investments are conditional on the adaptation of networks to integrate […]
Hydropower facilities, such as the one in Răstoliţa, must be finished as soon as possible, of course by complying with all procedures, European directives and studies, said, on Tuesday, in a specialized conference, the Minister of Environment, Water and Forests, Mircea Fechet. “Beyond my capacity as Minister of the Environment, Waters and Forests, I cannot […]
The European Bank for Reconstruction and Development (EBRD) is providing a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and Herzegovina, to develop and construct a 50 MWp solar power plant on a former coal ash landfill site. In addition to its own financing, […]
The plans for the greening of energy and the economy in the European Union of the previous composition of the European Commission, announced in 2019, have since undergone a series of changes in the sense of more ambitious objectives, writes Mediapool, according to Rador Radio Romania. However, during the election of the new members of […]
The European Commission has approved, under EU State aid rules, a €99.5 million (RON 495.2 million) Romanian measure in favour of Nokian Tyres. The aid will support the establishment of a new zero carbon dioxide emission factory for passenger car tyres in Oradea. The measure will contribute to the EU’s strategic objectives relating to job creation, regional […]
PPC was included in the FTSE4Good Index Series, following an assessment conducted by FTSE Russell, a global index and data provider owned by London Stock Exchange Group. PPC, with its inclusion in the FTSE4Good, stands among globally leading companies with significant performance in Environmental, Social, and Governance (ESG) issues. In particular, PPC was rated on […]
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