Environment ministry published the financing guide for solar projects of religious units
The Ministry of the Environment has launched the program through which religious units, public institutions in the social assistance system…
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Greece will tax the profits of multinationals and big companies by 15%
The Ministry of Economy and Finance in Athens has submitted a tax bill to the Parliament that provides for the…
Bulgaria’s economy grew by 1.8% in 2023, a significant slowdown from 2022
Bulgaria’s economy registered a modest growth of 1.8% last year, preliminary data from the National Institute of Statistics (NSI) show,…
Hidroelectrica completes a new investment of 6 mln. lei at CHE Costișa
Hidroelectrica announces the reception at the end of the LN3 type work for the hydro unit no. 1 from CHE…
ACER asks Germany to give up charging cross-border gas transactions
The Agency for the Cooperation of Energy Regulatory Authorities (ACER) has put new pressure on Germany for the tariffs charged…
EIT InnoEnergy launches Repono, a pan-European company dedicated to RES storage
EIT InnoEnergy has announced the launch of Repono, a pan-European company focused on owning and operating large energy storage systems…
General Council of Bucharest City Hall approved the merger between ELCEN and Termoenergetica
The General Council voted again, in principle, the merger between ELCEN and Termoenergetica. The project was put on the additional…
Constanta City Hall signed the contract for the development of the new thermal power plant, an investment of 700 mln. lei
The mayor of Constanta, Vergil Chițac, announced on Wednesday, in a press conference, the signing of the contract for the…
EC approves a 3 bln. euro subsidy granted by Romania to the green industry
The European Commission approved on Wednesday the granting by Romania of an aid scheme worth 3 billion euros (15.22 billion…
Electrica’s profit up 11% due to the distribution segment
In 2023, at the level of the Electrica Group, profit before taxation EBITDA recorded an increase of 27.1%, respectively 369.8…
EU approved the extension and change of the support scheme for high-efficiency cogeneration
The European Commission approved, on Wednesday, the extension and modification of the Romanian state aid scheme to promote the production…
GoodWe Expands Utility Portfolio Capacity with Launch of 320/350kW String Inverter, Lowering LCOE (P)
GoodWe, a renowned global provider of solar products and energy solutions, has launched its new three-phase 1,500V utility string inverter,…
DEER invested 155 mln. euro in 2023, revenues up 30%
According to the preliminary consolidated results published by the Electrica group, the company Distribuție Energie Electrică Romania (DEER) realized and…
Fechet: Economic operators can receive over 8 mln. euro for recycling factories
Economic operators in Romania that operate in accordance with national legislation in the field of waste recycling can receive up…
Green municipal bonds issued by Reşita City Hall, listed on the stock exchange
The green municipal bonds issued by the Reşita City Hall, which debuted on Tuesday at the Bucharest Stock Exchange (BVB),…
Schneider Electric: EcoStruxure IT has now model based, automated sustainability metric reporting
Schneider Electric, leader in digital transformation of energy management and automation, today announced the introduction of new model based, automated…
RES has completed the acquisition of Ingeteam’s renewable service division
The deal expands RES’ operations to 24 markets and makes it the largest independent renewable energy services provider in the…
AFM approved the list of beneficiaries of the Green House PV Program 2023
AFM approved the list of the 49,311 beneficiaries of the Casa Verde Photovoltaic 2023 program for individuals, according to a…
Simtel acquires a project company developing a 5.35 MWp solar park
Simtel Team announces the full acquisition of Oasis Green Energy 3, a project company developing a photovoltaic park in Salonta,…
Senate adopts the offshore wind law, Chamber of Deputies is the decision-making body
The plenary of the Senate adopted, with 87 votes “for”, 13 “against” and two abstentions, the project initiated by the…
EU Energy Ministers extend the measures to reduce gas consumption by one year
The EU Energy Ministers agreed on Monday to extend, until March 2025, measures to voluntarily reduce gas consumption, DPA reports.…
Burduja: I argued in Brussels that Romania does not anticipate reducing gas consumption
The Ministers of Energy from the European Union had, during the meeting in Brussels, an exchange of views on the…
PPC: Rețele Electrice Dobrogea, new investments of 11 mln. lei in modernizing the grid
Rețele Electrice Dobrogea (part of PPC group, previously called E-Distribuție Dobrogea) has completed a project worth approximately 11 million lei,…