Transelectrica proposes a dividend 5.5 times bigger for 2013
The management of Transelectrica (TEL) proposes to its shareholders the distribution of a gross dividend of 2.228 lei for 2013,…
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Electricity
EBRD will assist the development of the national energy strategy
The European Bank for Reconstruction and Development (EBRD) will provide technical assistance to the Department of Energy for developing the…
Effect of green quota fall to 11.1%: Market flooded with cheap certificates, energy price grows
###author### Even if the green certificates price (CV) drops, in the context of green energy quota drop to 11.1% due…
Van Rompuy: EU will develop an action plan by June for reducing energy dependence
European Union (EU) will develop by June 1 an action plan to reduce energy dependence, especially to Russia, said the…
Hidroelectrica restructured before privatization, 80% of management changed
###author### Hidroelectrica`s insolvency manager wants to change 80% of management in the next two months , the first move being…
What big power producers sold their energy on the power exchange this week
The most recent important sale on the Centralized Market for Bilateral Contracts (CMBC), one of the two significant trading platforms…
Wind Association denounced N. Constantinescu, who refused licensing several parks
Marian Turbatu is the man who set in motion the National Anti-Corruption Direction (DNA) prosecutors in the corruption case against…
Electricom builds a 10 MW photovoltaic park in Tulcea
Company Electricom Bucharest equipment provider for companies in the energy sector has received from the Regulatory Authority for Energy (ANRE…
Europe’s newly installed wind capacity reached 11,3 GW last year; the market contracted
Global wind power capacity increased by 12.4% at the end of 2013, reaching 318.6 GW, after the end of 2012…
Government approved Turnu Magurele- Nikopol hydropower project of 400 MW
The government approved on Thursday the formation of a joint project company for the development of the Romanian-Bulgarian Danube hydropower…
NQE Holdings invests 7 mln. euro in PV parks, moves from Rasdaq to BSE
###author### Natura Quattour Energia Holdings (NQE), formerly qnowns as Scapis, decided to move its listing from Rasdaq to Bucharest Stock…
Privatization Calendar: Hidroelectrica – uncertain term, Electrica in June and Oltenia in autumn
###author### Hidroelectrica is struggling to get rid of insolvency procedures, and in the meantime it will follow a restructuring program,…
EPC contract worth of almost 67 million euros for Măgurele laser, the largest in the world
A consortium led by the “Istituto Nazionale di Fisica Nuclear” (INFN) from Italy won a contract for 66.8 million euros…
Delegate Minister for Energy, named Chairman of the Board for ACER
Delegate Minister for Energy, Răzvan Nicolescu, was named president of the Council of Administration (CA) of the European Agency for…
Two power trading companies lost their appeal against Hidroelectrica
Bucharest Appeal Court dismissed irrevocably the appeals of EFT AG and EFT Romania which they had made against Hidroelectrica measure…
FP: Tarnita and the submarine cable insufficiently founded, Romgaz delays participation
###author### Franklin Templeton, the manager of Fondul Proprietatea (FP) considers that Tarnita and the Romania – Turkey submarine power cable…
Hidroelectrica will try to sell 22 small hydropower units
Hydrelectrica plans to put up for sale a total of 22 small hydropower units and 3,200 square meters of land…
Microelectronics has invested 15 million euros for research and manufacturing LED
Microelectronica firm from Bucharest invested 15 million euros in a research and production unit for LEDs, with the intention of…