Europe needs more than $2,000 bln. in investments in the electricity grid by 2050
The energy transition from fossil fuels to renewables is booming and will require huge investments in production capacity and infrastructure,…
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Electrica: Investments worth 600 mln. lei, contributions to the budget of more than 1.2 bln. lei in 2020
Bogdan Tudorache Electrica Group published its fifth Sustainability Report, related to the activity in 2020, when investments of over 600…
EY: Two third of investors plan new operations in Romania
The COVID-19 pandemic has impacted Foreign Direct Investment levels across the globe. In 2020, investors were looking at the way…
Delgaz Grid invests 3 million lei in the energy system of Ceahlau National Park
The distribution company Delgaz Grid has started a large investment, of approximately 3 million lei, for the replacement of medium…
E-Distributie invests more than 180 mln. euro in 2021 in the in modernizing, digitalizing electricity grids
E-Distributie companies in Romania are investing this year 880 million lei, the equivalent of 182 million euros, in modernizing, digitalizing,…
Visible signs of a new wave of investment in the renewables sector
A set of circumstances around economic, policy and legislative factors have revived investors’ interest in Romania over the last year…
IEA: Developing nations need $1-trillion clean energy investment to reach carbon neutrality
Annual clean energy investment in emerging and developing economies needs to increase by more than seven times – from less…
DEER – Electrica, investments of more than 4.2 bln.lei in recent years
Distributie Energie Electrica Romania (DEER), part of the Electrica Group, continues the most ambitious network investment program at national level.…
Delgaz Grid completes the modernization of three transformation stations in Iași
Delgaz Grid, a member company of the E.ON Romania Group, finalizes an investment project financed from European funds, through which…
Romania has submitted to the European Commission the National Plan for Recovery and Resilience – NPRR
Romanian National Plan for Recovery and Resilience (NPRR) was sent to Brussels, in an electronic format, announced the minister of…
Nissan invests $1.8 bln. in batteries for EVs made in alliance with Renault and Mitsubishi
Nissan will partner with Chinese group Envision AESC and invest more than 200 billion yen ($ 1.8 billion) to build…
Hungary has inaugurated a 100 mln. euro solar power plant
Hungary has inaugurated the country’s largest solar power plant, built by China National Machinery Import and Export Corporation (CMC) near…
Transelectrica: Investments of over 270 million lei in consolidating the network in the area of Moldova
In the context of the energy transition and the integration in the National Electric Power System of energy produced from…
A low-carbon world needs $1.7 trillion in mining
Mining companies need to invest about $1.7 trillion over the next 15 years to be able to deliver enough copper,…
Eric Stab: Investments worth 70 bln. euro in the next ten years, in the Romanian energy sector
The companies have announced investments of over 70 billion euro in the Romanian energy sector in the next ten years,…
Bucharest’s new budget cuts funds from district heating
Bogdan Tudorache Capital’s new budget for this year provides for expenditures of 5.85 billion lei and revenues of 5.80 billion…
Bucharest City Hall has, starting Friday, a new budget
Bogdan Tudorache After intense negotiations, the general councilors from different parties reached a consensus regarding the final budget of the…
Stancu: Investments need in the Romanian energy sector far exceeds European funds
The need for investments in the Romanian energy sector, estimated at 12-15 billion euro, far exceeds the European funds available…
ANRE: Gas transmission and distribution operators will make investments of over 1.6 bln. lei in 2021
Natural gas transmission and distribution operators will make total investments of over 1.6 billion lei for 2021, according to a…
ANRM: Romania’s interest is for investments in Black Sea gas to start in 2022
Romania’s interest is for the investment in the Neptune Deep perimeter in the Black Sea to start in 2022, otherwise…
ANRE: System and distribution operators, investments of 2.3 bln. lei related to last year
For 2020, total investments in the natural gas transmission and distribution systems worth 2.274 billion lei will be completed this…
Transelectrica invests more than 150 mln. lei in network modernization
The modernization of the electric transmission network and the increase of the integration potential of the energy production capacity from…
ANRE to redefine long-term contracts in less than a next week
The regulatory committee of the Romanian Energy Regulatory Authority (ANRE) will discuss next week the modification of the definition of…