Saudi Arabia has signed agreements to purchase electricity from two wind farms at prices lower than those offered by natural gas power plants and wants to quickly make the transition to a greater share of renewables in the energy mix, reports Bloomberg, quoted by Agerpres The state-owned company Saudi Power Procurement Co. recently announced that […]
Renewable energy accounted for more than 30% of the world’s electricity for the first time last year, following a rapid increase in wind and solar power, according The Guardian. A report on the global energy system has found that the world may be on the verge of reducing energy production from fossil fuels, even as […]
AFI Palace Ploiești has launched the tender for the installation of a photovoltaic system on the roof of the mall in Ploiești, with funding from PNRR. Afi Palace intends to mount a 600 kWp photovoltaic system on the roof of the Ploiești shopping center building, which would have an annual production of 760 MW, which […]
Last year was the best year on record for new wind energy installation. Seven countries now generate 100 per cent of their electricity from renewable energy – two are in Europe. The world installed 116 gigawatts of new wind power capacity in 2023, according to the latest Global Wind Report from industry trade association the […]
The main challenge faced by the business environment is represented by legislative ambiguities and uncertainties, according to more than 70% of the respondents of the latest edition, from March 2024, of the survey conducted by the Foreign Investors Council (FIC) – Business Sentiment Index (BSI). The business environment has faced various crises in recent years […]
Renewable energy is not only about a cleaner environment, but also about new technologies and the creation of more than 100,000 new “green” jobs in Romania, until 2050, said on Thursday, the Minister of Environment, Water and Forests, Mircea Fechet , at the opening of the Green Energy Expo & Romenvirotec event, from Romexpo. “I […]
ProCredit Bank Romania granted financing in the total amount of 3.4 million euros to the group of companies 3D Steel Design & Construct SRL and Hansarom Management & Consulting SRL. This financing facilitates the construction of two photovoltaic parks, one with a capacity of 5.6 MWp and the other with a capacity of 4.3 MWp, […]
Renewable energy sources accounted for 41.2% of gross electricity consumption at EU level in 2022 (the latest year for which statistical data are available), up by 3.4 percentage points compared to the previous year (37.8%) and well ahead of other sources of electricity generation such as nuclear (under 22%), gas (under 20%) or coal (under […]
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