Photon Energy reports 26.6% revenue growth in Q1 2020 despite COVID-19 Crisis
Bogdan Tudorache Photon Energy today announced financial results for the first fiscal quarter, ending 31 March 2020, posting all-time high…
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Renewables
OMV Petrom has installed photovoltaic panels in 40 gas stations in Romania
OMV Petrom has installed photovoltaic panels in 33 gas stations in the OMV network and in 7 stations in the…
Germany’s solar energy cap endangers investments worth one billion euros – report
Germany’s market for solar energy and home storage systems will collapse if the government doesn’t deliver on its promise to…
ROCA X invests in a wind farm monitoring solution, appoints a new CEO
Bogdan Tudorache ROCA X, part of Impetum Group, continues to support the technology market by getting involved in five new…
The transition of mining areas affected by the gradual elimination of coal would cost Romania 700 million euro
Romania needs 700 million euro for the transition of mining areas affected by the gradual elimination of coal from the…
Popescu: Energy companies have one more month to approve strategies
State energy companies must approve, by June 15, their investment strategies, with clear deadlines and financing sources, said on Monday…
Prosumers subsidized by AFM may have to buy their own meters
Bogdan Tudorache A new draft order launched in public debate by the market regulatory body (ANRE) introduces the possibility for…
Enel announces a new investment of 20 mln. euro in Spain
Enel Green Power España (EGPE), Endesa’s renewable energies subsidiary, has begun construction of a new 21.3 MW wind farm in…
5 things to know about district heating
In 1989 there were 315 district heating systems in Romania, to which were connected over 88,000 blocks, which supplied about…
Lignite phase-out in SEE countries: the later it happens, the more it costs
A total of 3.7 billion EUR for regional development would secure a just transition for coal phase-out in three SEE…
The Minister of Economy promises 100% subsidies for photovoltaics in hotels
Virgil Popescu announced that the Ministry of Economy is working on a support program through which hoteliers can reduce their…
IHA and IRENA coalition call for renewables-driven recovery
The International Hydropower Association (IHA) has teamed up with the International Renewable Energy Agency (IRENA) and more than 100 renewable…
ELCEN has 400 million lei worth bad debts from Termoenergetica; it has already gone to court
In the few months since taking over the operation of the district heating network in Bucharest, TERMOENERGETICA has accumulated debts…
Enel begins construction of the second 50 MW photovoltaic plant in Spain
Endesa, through its renewable energy generation subsidiary Enel Green Power España (EGPE), has started construction of the second photovoltaic (PV)…
Energy Transition: CEEP asks for more, fresh money and better allocations
The costs of the energy transition are enormous and there is a clear need to increase the spending for the…
Sweden adds name to growing list of coal-free states in Europe
Sweden has become the third European country to eliminate coal from electricity production, after its last coal power plant permanently…
Mărculescu: Supervisory Board of CE Oltenia revoked the old management
The Supervisory Board of CE Oltenia decided yesterday to dismiss the former management, implicitly of the former general manager Sorin…
Dedeman installs PV power plants on the roofs of its stores
Dedeman, a company founded by the brothers Dragoș and Adrian Pavăl, announces that it is installing photovoltaic power plants on…
Investor: Delaying the deadlines of the Casa Verde program is a positive step
Bogdan Tudorache Distribution operators are no longer engaging with the public, and applicants within the Casa Verde program should have…
The Titan Power project receives 140 million lei through a capital increase
The shareholders of the state company Titan Power SA, established last year, are currently developing the documentation required by legislation…
Hidroelectrica will invest in a research center for renewable energy
Hidroelectrica, the largest electricity producer in the country, has included in the budget for this year, in the chapter “investments”…
Record Results For Photon Energy in 2019
Photon Energy N.V. announced record audited financial results for 2019, with consolidated revenues up by 48.9% to EUR 30.15 million,…
Enel: Launch of the European alliance for a Green Recovery
At the initiative of Pascal Canfin, Chair of the Environment Committee at the European Parliament, 180 political decision-makers, business leaders,…