Essers Family Office buys 51% of ExtraPower, continues to invest in Romania
Essers Family Office (EFO), the investment branch of the Essers family- who owns the Belgian sustainable transport and logistics service…
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Renewables
Coal production increased by 1.7% in the first 11 months of 2022; imports fell by 16%
Romania’s net coal production totaled, in the first 11 months of 2022, 2.828 million tons of oil equivalent, being 1.7%…
Electrica Furnizare – turnkey construction project of a 0.2 MW solar power plant
Electrica Furnizare is carrying out a turnkey construction project of a 0.2 MW photovoltaic power plant for Fermador in Iași,…
TESLA 50Hz will build and operate 40MW of rooftop solar projects for Element Romania
TESLA 50Hz (T50Hz), part of the TESLA Group in Romania, has signed a cooperation agreement with Element Industrial (ELI), a…
The fine(d) art of gas consumption – why some gas reduction measures could cost money
Gas consumption reduced, yet penalty to be paid – this contradiction has been preoccupying the Hungarian press during the last…
A new start for the energy performance of buildings – Mc001/2022 has been approved
On January 17, 2023, it appeared in the Official Gazette no. 46 MDLPA order no. 16/2023 for the approval of…
Nofar Energy to invest 500 mln. euro in Romania during the next two years
Israel’s Nofar Energy intends to invest 500 million euro ($543 million) in the next two years to develop solar energy…
Timmermans: 45% renewables target is ambitious, but feasible
The European Commission defended its proposal to source 45% of the EU’s energy from renewable sources by 2030 as EU…
Bulgaria’s new energy strategy stipulates that coal-fired power plants will operate until 2030
A new energy strategy of Bulgaria until the year 2053 is based on the continued operation of coal-fired power plants…
H.E. British Ambassador Andrew Noble: The UK is keen to develop strong partnerships with Romania and Bulgaria
On Tuesday, 17 January, the UK Science and Innovation Network in Bulgaria and Romania and the British Embassies in both…
Lăcrămioara Diaconu-Pințea, the new OX2 Romania Country Manager
OX2, a Swedish company that develops renewable energy, announces the appointment of Lăcrămioara Diaconu-Pințea as Country Manager for Romania. OX2…
ORSE: Support measures must take into account the basic needs of households
Energy price capping and compensation measures should take into account the specific needs of households, distinguishing between the high consumption…
Cristina Prună: The law that cuts VAT to 5% for heat pumps and solar panels was adopted
President Klaus Iohannis promulgated on Thursday, January 12, the law that reduces VAT from 19% to 5% for heat pumps,…
Hidroelectrica will partner a with an UAE company for the production of renewable energy
The Masdar company from the United Arab Emirates and Hidroelectrica will collaborate for the production of renewable energy, discussions have…
2023, an essential year for the approval of legislation in the offshore wind sector
This year is essential for offshore wind investors “to finalize the law…the maritime plan and the list of necessary authorizations…which…
Bege: I am skeptical that Romania will have offshore wind by 2030
I am skeptical that Romania will have wind energy production capacities in the Black Sea, until 2030, although I do…
European Energy – Local green projects of 1 GW in the medium term, increased interest in Power-to-X
European Energy is pursuing its expansion of activities in Romania, having under development a pipeline of 984MW renewable energy with…
E.ON issues green bonds worth 1.8 bln. euro to finance sustainable projects
E.ON successfully issued, in the first week of 2023, two tranches of bonds with a cumulative value of 1.8 billion…
Solar plant of 1.1 MW for Transparent Design, investment of 1.6 mln. euro
E.ON Energie Romania and Transparent Design, the largest flat glass processor in Romania, have recently completed the construction of a…
Econergy gets 150 mln. euro loan to finance its Romanian and Polish PV projects
Econergy Renewable Energy, a leading investor, developer and operator in renewable energy projects has finalised a loan agreement with Phoenix…
Schneider Electric unveils sustainable home energy management solution at CES 2023
Schneider Electric, the leader in the digital transformation of energy management and automation, unveiled Schneider Home – a first-of-its-kind home…
EPG: Romania needs 15 GW of offshore wind power, it must partner with Bulgaria
Offshore wind power has a major role to play in Europe’s goals to reduce dependence on fossil fuel imports and…
Robbing Hood or Robin Hood? A note on the economic analysis of energy-industry special taxes in Hungary
“Today forgetting has perhaps grown more puzzling, than remembering (…)” – so Sigmund Freud starts chapter 7 of his Psychopathology…