PPC: Solid financial performance, with adjusted EBITDA of 927 mln. euro in H1, up 57%
PPC posted solid results in the first half (H1) of 2024, as the second quarter (Q2) continued the trend of…
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OSCAR Downstream: First mobile payment app in the Romanian B2B fuel distribution market
OSCAR Downstream, the largest Romanian independent fuel distribution company, launches for the first time for B2B customers in Romania the…
ANRE: RRR for distribution and transmission – 6.94% plus 1% for investment incentives
The rate of return (RRR) of the energy distribution and transmission operators, for the fifth regulatory period, remained at the…
PPC buys Evryo Group’s 629 MW renewable energy portfolio for 700 mln. euro
PPC announces that it has entered into an agreement with Evryo Group (former CEZ), owned by funds managed by Macquarie…
JT Grup Oil debuts on the AeRO market of the Bucharest Stock Exchange
JT Grup Oil, a company active in the fuel distribution market and the developer of the newest private terminal for…
Borbely: Hidroelectrica will invest at least 1.4 bln. euro in the next four years
The Minister of Energy – Sebastian Burduja, paid a visit to the Portile de Fier I Hydroelectric Plant, accompanied by…
Romania approved Contracts for Difference scheme; tender rules to be approved
The Contracts for Difference scheme adopted by the authorities in Bucharest (in RO) provides for the development of 1,000 MW of…
Hanga, BVB: The fall of the BVB indices is a reaction to what is happening in the international markets
The drastic drops of all indices of the Bucharest stock exchange represent a reaction to what is happening on other…
Heat wave and power outages make Romanians buy more storage systems
Darcom Energy, a Romanian company active for 15 years in the renewable energy sector, which last year had business of…
Eurowind Energy completes the first half of the 48 MW Pecineaga wind farm
The Danish developer and operator of wind, solar, and hybrid projects, Eurowind Energy, finalized the first half of the 48…
Romania and Serbia, closer to the construction of the gas interconnector
Romania and Serbia strengthen energy cooperation by signing the Memorandum of Understanding regarding the gas interconnector construction project, the Ministry…
PPC: Inclusion in the FTSE4Good Index Series of the London Stock Exchange Group
PPC was included in the FTSE4Good Index Series, following an assessment conducted by FTSE Russell, a global index and data…
Schneider Electric launches EV charging stations for the residential sector
Schneider Electric announces the launch of its new range of electric vehicle charging stations, Schneider Charge, dedicated to the residential…
iNOVAT to install a 104 MWh battery system in the Czech Republic by the end of 2026
iNOVAT, the strategic partner of the Romanian company Best Tools, is once again putting its expertise in energy storage to…
INVL Renewable Energy Fund I gets 24.5 million euro for photovoltaic power plant in Romania
The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide 24.4 million euro funding to…
OX2 sells first wind farm developed in Romania; construction starts immediately
OX2 has signed an agreement to sell the 99.2 MW onshore wind project in Romania to Nala Renewables, a joint…
JT Grup Oil inaugurates the 130 mln. lei terminal in Constanța, has major investment plans
Jean Paul Tucan and Bogdan Aldea, founders of JT Grup Oil, together with Steluța Lebidov, CFO and Sorin Valeriu Naș,…
Rețele Electrice companies continue their investments in network digitalization by purchasing smart meters worth up to 4.6 mln. euro
Rețele Electrice companies are organizing a tender through the public platform SEAP for the acquisition of smart meters for three-phase…
Distribuție Oltenia continues investments for the benefit of consumers in Argeș, Dolj, Gorj, Mehedinți, Olt, Teleorman and Vâlcea counties
On August 1, 2024, the distribution operator Distribuție Oltenia obtained financing through the Modernization Fund from the Ministry of Energy…
Delgaz Grid signs financing contracts of 932 mln. lei from the Modernization Fund
The distribution company Delgaz Grid, part of the E.ON group in Romania, signed yesterday, August 1, at the Ministry of…
The Energy Ministry is considering 16 cogeneration projects worth a combined 780 million euros
The latest information (in RO) from the Ministry of Energy shows that a total of 17 projects have been submitted…
OSCAR Downstream has launched the “România Tot Inainte” platform supporting sustainable development projects in education, health and environment
The “Forward Romania” Platform is “a long-running national project, designed to set in motion and support key projects in the…
AEI: Subsidies favor the urban environment, the transition will deepen poverty in the rural environment
The energy transition comes with restrictions (limiting the use of wood for fuel) and obligations (imposing CO2 emissions tax) at…