Electrica: Profit of 559 million lei, revenues up by 39% in 2022
In 2022, the net profit of the Electrica Group was 559 million lei, the result being generated, mainly, by the…
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Nuclearelectrica advances Cernavoda U1 Refurbishment Project through new agreement with SNC-Lavalin
Nuclearelectrica advances Cernavoda NPP Unit 1 Refurbishment Project by selecting Candu Energy Inc., a member of the SNC-Lavalin Group to…
New Continental R&D center in Timișoara uses Schneider Electric equipment
Schneider Electric Romania has completed equipping the buildings of the Continental Automotive Research and Development Center in Timișoara, with electrical…
Hidroelectrica will appoint a new Supervisory Board by the end of March
Hidroelectrica will have a new Supervisory Board by the end of March, following the decision of the Bucharest Court of…
Deloitte: Insurance sector, crucial role in the transition to a low carbon economy
Insurers’ growth and profitability will most likely be negatively impacted in 2023 by the current macroeconomic and geopolitical challenges such…
Siemens Energy to supply key components for the Mintia combined cycle power plant
Siemens Energy and independent power producer Mass Global Energy Rom have signed a contract for the supply of the HL-class…
Simtel Team invests in a virtual platform that optimizes energy production and consumption
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a…
AE Solar to invest 1 billion euros in a solar panel factory in Romania
Prime Minister Nicolae Ciucă met, at the Victoria Palace, representatives of the AE SOLAR company and the Black Sea Universities…
Mass Global will invest 1 billion euros at Mintia in an over 1,500 MW Siemens gas-fired power plant
Prime Minister Nicolae-Ionel Ciucă met at the Victoria Palace with representatives of the Mass Global Energy Rom company, which purchased…
EC welcomes Enel’s donation of 3Sun solar PV panels to Ukraine
By launching the project “Ray of hope” with Enel, the European Commission is taking a first step as part of…
Premier Energy to modernize electricity grid around Chișinău
The European Bank for Reconstruction and Development (EBRD) is lending 30 million dollars to ICS Premier Energy Distribution S.A., Moldova’s…
Russia cuts currency sales as energy exports stabilize
Russia will reduce the amount of currency it plans to sell by early April as energy export earnings show signs…
EU postpones vote on banning sales of new cars with combustion engines
European Union countries have postponed a planned vote next week on banning sales of new carbon dioxide-emitting cars from 2035…
Europe is looking for solutions for decarbonisation while ensuring security of supply
The year 2023 began with a strong sense of optimism for the energy sector globally, despite recent security developments, and…
Enel Group helps India’s power distribution digitalization process
Enel Group, through its affiliate company Gridspertise, has signed two Memorandums of Understanding (MoUs) with Tata Power Delhi Distribution Limited…
Lack of professionals will hamper the implementation of renewable energy projects
Although the enormous inflow of funding for investments in energy and energy efficiency is excellent, the lack of expertise may…
Smart city energy infrastructure can be constructed under concession agreements
The concession of production, storage and energy supply services from renewable sources is an optimal solution for the development of…
Bulgaria’s TSO talks about a 400 kV Trans-Balkan Adriatic Corridor to share green energy
The Executive Director of Bulgaria’s Electricity System Operator ESO, Angelin Tsachev, talked about creating a Trans-Balkan Adriatic Corridor to share…
Investments in smart cities are crucial for increasing the quality of life
Investments in smart infrastructure and smart cities are crucial to improving quality of life and sustainable business, but technology is…
Pollution control zones would encourage people to buy electric vehicles
The number of electric cars increases year by year in Romania thanks, mainly, to subsidies granted by the state, among…
The City Hall of Sector 1 could launch the first charging hubs for electric cars in 2023
The City Hall of Sector 1 has initiated several projects for the production of energy from renewable sources, energy efficiency…
The City Hall of Sector 2 will create a one-stop shop for energy efficiency solutions
The City Hall of Sector 2 in the Capital intends to create a map of energy poverty and a one-stop-shop…
Non-refundable funds for the newest lighting systems for public spaces
Romania is in a privileged situation from the perspective of investments in smart public lighting because, thanks to the multitude…