Global battery energy storage market to grow by 7% to reach USD 13 bn by 2023, says GlobalData
The global battery energy storage market is forecast to grow to $13.13bn by 2023. Asia-Pacific (APAC) and EMEA will be…
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Electricity
Electricity reaches over 200 lei per MWh
The price of electricity on the spot market of the OPCOM stock exchange returned on Monday to more than 200…
America’s renewable energy set to surpass coal for the first month ever
America’s clean energy revolution is on the verge of a tipping point. The renewable energy sector is projected to generate…
169 individual heating substations installed in Moldova’s Balti with financing from EBRD and donors
Since early 2019, 169 individual heating substations have been installed, providing heat for 129 buildings across Balti, Moldova’s second largest…
The future of energy, automation and e-mobility with ABB (Tomasz Wolanowski, Country Manager România)
Tomasz Wolanowski arrived to Romania in October 2013, so there are five years and a half, now, since he has…
Alro invests USD 35 million in 2019
Alro shareholders have approved investments of 35 million USD for the year 2019. The company made last year a profit…
Bulgarian fin regulator probes Eurohold over CEZ deal talks
Bulgaria’s financial regulator said on Wednesday that it is launching a probe into local financial and insurance group Eurohold Bulgaria…
MDRAP receives a single offer for 68 electric buses in five cities
The Ministry of Regional Development and Public Administration (MDRAP) has received a single tender offer for the purchase of 68…
Timisoara: Electroputere VFU Pascani, Turkish firm Bozankaya and Polish Pesa filed offers for trams with batteries
Timisoara City Hall received three offers at the auction for the purchase of 40 autonomous trams. These come from Electroputere…
Bulgarian power distributors seek significant increase in electricity prices
An average of 15 percent will increase household electricity prices if the energy regulator approves CEZ’s proposal to increase the…
Delgaz Grid announces new investments in transformation stations
Delgaz Grid develops an investment of 3.5 million lei in the transformation stations Bularga – Iasi, Câmpulung Moldovenesc – Suceava…
Electrica approves the dividend of 0.73 lei, rejects the management salary increase and the proposed remuneration policy for the BoD
The Ordinary General Meeting of Shareholders (AGOA) of Electrica SA, that took place on April 25, 2019, approved, with the…
Badea, Hidroelectrica: We will invest over one billion lei in 2019
Bogdan Tudorache Hidroelectrica will invest about one billion lei this year, said Bogdan Badea, president of the company’s management. „We…
E.ON and Kyuden Mirai – agreement for offshore wind projects in Japan
E.ON and Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is…
Large industrial consumers claim that the price of electricity has increased by 80% since 2016
Large industrial energy consumers have 80% higher costs in 2019 than in 2016, paying more energy than companies in France.…
CEZ invests annually in the network about 200 million lei
CEZ Romania invests annually in the network about 200 million lei, says Ondrej Safar, Country Manager CEZ Romania. „The future…
Delgaz Grid to invest nearly 250 mil. lei in smart grids in the coming years
The distribution company Delgaz Grid, part of the E.ON Romania group, installed approximately 315,000 smart meters, with successive programs amounting…
The partial takeover plan of the National Uranium Company gets high on the agenda
Nuclearelectrica (SNN), the state operator of the Cernavoda nuclear power plant, resumed the plan to take over a part of…
Electricity price in Romania, half of last week’s, due to wind
The energy price in Romania on the spot market dropped by half, compared to last week, with an average of…
PwC: The oil and gas sector is becoming attractive and offers stability, electricity is more volatile
A PwC Romania study (Valuation multiples in the context of Bucharest Stock Exchange and local M&A market), that has compared…
Nuclearelectrica loses 2.3% of growth due to GEO 114 – document
Bogdan Tudorache Nuclearelectrica (SNN) could have estimated an increase in total revenue by 10.5% in 2019, instead of only 8.2%…
e-vehicles – more and more enthusiasm, still looking for a business model (EBC, Apr 16)
With strong state support, the purchase of electric cars increases exponentially from one year to the next, but remains yet…
Bogdan Badea, Hidroelectrica: 2018 – probably the best year in history, with a profit of about two billion lei
2018 was the year when we functioned on a complete free market and Hidroelectrica probably had the best year in…