AEI: EU will import more expensive gas to win US trust
Until the victory of Donald Trump, the discussion on gas transit in Ukraine was a simple one, the current Russian…
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Rompetrol Rafinare: The market context and the general revison, major impact on results
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), recorded, in the first 9 months of 2024, a…
Defic Globe plans to build 4 renewable energy power plants in Romania
Defic Globe, a subsidiary of YEO Technology – a global brand in renewable energy and energy technologies – is expanding…
Depomures to build a new compressor station to increase storage capacity by 33%
Depomureș, the operator of the Târgu-Mureș underground natural gas storage depot, a company owned by the ENGIE S.A. Group through…
OX2 Romania and Nala Renewables have started work on the 99.2 MW Green Breeze wind farm (Galati)
Construction has started on the Green Breeze wind farm, an important project for the development of renewable energy in Romania.…
The Hi-MO X6 Max Series: A Breakthrough in Solar Power with Hybrid Back Contact Technology (P)
The future of solar energy is here – and it’s brighter than ever. LONGi’s latest Hi-MO X6 Max series is…
Transelectrica announces the partial commissioning of the new 400 kV Reșița substation
Transelectrica has announced the partial commissioning of the new 400 kV Reșița substation as part of the Reșița substation upgrading…
Cristian Păun: The evolution of the Romanian economy shows rather a decline and a recession
The evolution of the Romanian economy shows rather a decrease and a recession, being “worrying” especially from the perspective of…
Renovatio announces the commissioning of a new storage capacity of 60 MWh
Renovatio Trading announces the start of the project “Completion of an electricity storage capacity (battery) in the town of Toplița,…
Net profit down 35% for Nuclearelectrica in the first nine months
Nuclearelectrica reported, in the first nine months of this year, a net profit of 1.28 billion lei, down 35% compared…
PPC Group: Investments of 10 bln. euro, towards an EBITDA of 2.7 bln. euro in 2027
The PPC Group presents the new objectives, updated and increased, from the Strategic Plan for the period 2025-2027, with the…
Lithuanian Parliament banns remote access of companies from China to solar, wind and storage devices
Lithuanian Parliament adopted a law which introduced the Article 733 “Security Requirements for the Control Systems of Electricity Devices” to…
Sigrid de Vries: Transition to electric vehicles requires the creation of a new value chain in Europe
Transition from internal combustion engine technology to battery electric vehicles represents an unprecedented transformation that requires the creation of a…
Russia expects a decline in oil and gas revenues over the next three years
Russia’s revenues from oil and gas to the state budget would decrease between 2025 and 2027, due to lower raw…
SAPE receives about 55% financing through PNRR for the 54.6 mln. lei hydrogen storage project
The Company for Romanian state’s Administration of Participations in Energy (SAPE) obtained funding from the National Recovery and Resilience Plan…
Germany must invest 120 bln. euro to make public buildings climate neutral by 2045
Germany needs to invest 120 billion euro in energy-related modernisation measures and significantly step up the pace to make its…
Bulgaria faces continued high electricity prices
Electricity prices in Bulgaria remain the highest in the region as August progresses, reports “Capital”. Despite the end of the…
Greece cuts its NPEC spending for 2025-30 by about 65% as it constraints growth
The Greek government has revised its short-term energy transition goals after realizing they would constrain growth too much, writes Ekathimerini.…
US offers the Republic of Moldova 50 mln. USD to strengthen resilience
The US State Administration will offer the Republic of Moldova 50 million dollars to strengthen the republic’s ability to resist…
Ample energy price fluctuations highlight the need for flexible technologies
Electricity prices are experiencing large fluctuations in Europe, which highlights the need for more flexible assets on this market, reports…
Ministry of Energy invests 450 mln. lei through the Electric Up Program
The Ministry of Energy announced that it will invest 450 million lei through the Electric Up Program – the second…
Romania’s economy grew in 2021 by 5.8%, compared to 2020
The estimated Gross Domestic Product for 2021, in semi-final data, was of 1,187.402 billion lei in current prices, increasing in…
AHK Business Outlook: 70% of German companies foresee a weaker context in 2023
German companies in Romania say that their economic situation is good or satisfactory, although most of them (70%) see the…