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Canadian Solar Inc., one of the world's largest solar panel manufacturers, discreetly launched seven local firms in Romania since late summer last year. The move is part of its plan to develop large-scale photovoltaic parks in the country, according to data analyzed by Profit.ro. Canadian Solar, listed

The Ministry of Finance has refuted recent media reports about the introduction of a new photovoltaic tax, clarifying that no such tax is being planned. According to the ministry's statement, ongoing amendments to the Act on Local Taxes and Fees aim to clarify existing regulations without imposing additional

DRI, the EU renewable energy arm of Ukraine's DTEK Group, has acquired a 60 MW solar project in Glodeni, Mureș County, Romania. This marks DRI's fourth renewable energy investment in Romania, bringing its total portfolio in the country to 299 MW. The new project, Glodeni II,

Carrefour has expanded its renewable energy initiatives by installing photovoltaic systems on the roofs of 13 stores in five provinces across Poland. The new installations, with a total capacity of nearly 650 kWp, are expected to reduce carbon dioxide emissions by over 448 tons annually. To offset this level of

The Czech Republic is witnessing a second wave of the solar boom, with the installed photovoltaic capacity reaching 3.6 GW in the first half of 2024, surpassing the previous peak during 2009-2010. This surge, driven by subsidies and heightened interest after the energy crisis, contrasts sharply with the earlier

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a €110 million financing package for two photovoltaic solar power plants in southeastern Romania, with a total installed capacity of approximately 300 MW. The Iepurești and Ghimpați projects reflect growing confidence in Romania’s renewable energy