OMV Petrom and Tinmar want to build new solar and gas power plants together with CE Oltenia
OMV Petrom and Tinmar will be the partners of the Oltenia Energy Complex in 9 of the 10 projects of…
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Renewables
Axpo announces first corporate PPA in Romania
Axpo’s facilitated a pioneering corporate power purchase agreement (PPA) with VERBUND, Austria’s leading energy company, and a multinational automotive supplier…
540 million lei for 1,642 beneficiaries of the ElectricUp program
The Ministry of Energy has published the list of beneficiaries accepted in the ElectricUp program (in RO). There are 1,642…
Restart Energy implements a PV project worth over 600.000 euro for Elis Pavaje
Restart Energy, one of the largest independent energy suppliers on the local market, announces signing a contract worth over 600.000…
Econergy secures 200 mln. euro in jv with Phoenix Insurance and RGreen
Econergy Renewable Energy, a leading investor, developer and operator in renewable energy projects across Europe, has agreed separate joint ventures…
CE Oltenia has submitted projects for other 470 mln. euro from the Modernization Fund
The Oltenia Energy Complex has submitted projects to attract a sum of 470 million euro from the Modernization Fund for…
Gov’t grants new subsidies to district heating system, including city halls with surplus budgets
Romanian Government has announced that it will also subsidize the purchase of fuel oil from centralized heat producers. Thus, the…
Regulatory stability provided, EDPR might invest more in the Romanian renewable market
EDP Group could invest and contribute to increasing the generation capacity in Romania, to reduce its imports of energy, said…
NRRP – Financing Guides for solar and wind investments in Romania
Romania makes available to investors almost 600 million euros for the realization of new capacities for the production of electricity…
NRRP – Investment Guide for high-efficiency cogeneration for district heating in Romania
Romania provides 390 million euros for the production of electricity and heat in cogeneration of high efficiency in district heating.…
NRRP – Green Hydrogen Investment Guide for Romania
Romania makes available to investors almost 150 million euros for industrial projects for the production of green hydrogen by electrolysis.…
Eurostat: Fossil fuels ratio in gross energy available in the EU has fallen significantly in recent decades
The share of fossil fuels within the gross energy available in the European Union stood at 70% in 2020 (compared…
Increased profits and 2.6 GW in new capacities for EDPR in 2021
EDP Renewables, the world’s fourth largest producer of renewable energy, made a net profit of 655 million euros in 2021,…
Financing plus technical expertise for energy efficiency, from FREE
Adrian Ghiță, Executive Director of the Romanian Fund for Energy Efficiency presented the financing/credit offer of FREE and some of…
Financing from BCR for increased resilience: new production capacities and energy efficiency
The six environmental objectives of the European Union are the new benchmark in terms of direction and objectives to which…
Coal continues to benefit from huge funding, despite the green transition
Coal, the most polluting fossil fuel, continues to raise billions of dollars worth of funding, despite promises by the industry…
Enel X installs two photovoltaic power plants for Eaton Romania
Enel X Romania, part of Enel X, the advanced energy services division of the Enel Group, is building two photovoltaic…
RESInvest 2022 – 17 May, Bucharest
On 17 May, the RESInvest 2022 Conference will address the opportunity of a new economic branch in Romania, namely the…
Mihai Drăghici (EY): Investment must be prepared before the call for projects is launched
The electricity price crisis is manifesting itself at the level of the entire European Union, underlines Mihai Drăghici, Director of…
Roxana Simon-Loeys: Renewable energy attracted most of the investments in 2021, but electrified transport grew faster
According to Bloomberg, 2021 was a record year in energy transition as the total investments worldwide stood at 755 billion…
Increased interest in wind power generation brings more members to RWEA
The Romanian Association for Wind Energy – RWEA is growing in the context of the increased interest in wind energy…
ANRE approved the 131 MW Ecoenergy investment in Rătești
The National Energy Regulatory Authority has approved the establishment of new energy capacities with a total installed capacity of over…
Elcen ordered the full payment of the sums of money owed to the creditors
Sierra Quadrant, Elcen’s judicial administrator, on Thursday ordered the full payment of the money owed to the company’s creditors. The…