Andronache: We are working on production capacities of 18,000 MW that must be injected into the grid at some point
The permits issued for green energy currently amount to a capacity of 2,800 MW and more than 18,000 MW of…
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Offshore law was adopted by the Senate, Chamber of Deputies follows – as decision-making body
The Senate adopted on Wednesday, as the first chamber notified, the draft amendment to the Offshore Law initiated and assumed…
Nofar Energy will invest in 1 GW of renewable projects this year
Nofar Energy recently signed a purchase contract for a 169 MWp photovoltaic project in Iepurești, Giurgiu County and which will…
EU will allow renewable projects to be authorized in less than a year
The European Commission wants to speed up the green transition of the EU bloc and at the same time reduce…
Cîţu: The offshore law will enter voting procedures on Wednesday, any change must be agreed by the coalition
The offshore law will be voted on Wednesday and will be submitted immediately to the Chamber of Deputies, but any…
Raiffeisen Bank: 14% of loans to companies granted for sustainable projects
Raiffeisen Bank is consolidating its role as a financier that facilitates the transition to a green economy and a sustainable…
OMV GM says the group will continue to invest heavily in oil and gas
The Austrian energy group OMV will not withdraw from short-term oil and gas production in the context of the possible…
BSOG: The new offshore law does not eliminate the additional income tax that blocked investments
The new offshore law is still insufficiently satisfactory for investors, Black Sea Oil & Gas (BSOG) officials told Energynomics. They…
150 million euro worth smart grid project CARMEN to start in 2023
The Smart Grid Carpathian Modernised Energy Network (CARMEN), developed by Delgaz Grid SA and CNTEE Transelectrica SA in partnership with…
Romanian start-up Energy Vampires launches NFT collection for green energy transition
Energy Vampires is a local start-up that aims to speed up Romania’s transition to green energy, with the help of…
Roxana Mircea, REI Group: The year 2022 will be the year of multiple financing axes
REI, a company specializing in carrying out European-funded projects, has recently prepared files totaling 27 million euros, and in February,…
PKN ORLEN Group to double the number of its service stations in Slovakia
ORLEN Group of Poland is going to add 25 new locations to its network of service stations in Slovakia. By…
Foreign direct investment increased by almost 10% in the first two months of 2022
Foreign direct investment increased by 9.7% in the first two months of this year, to 926 million euro, compared to…
Roxana Mircea, REI Group: I expect between 500 and 1,000 projects to be submitted on the first axis of financing from NRRP
The first axis launched from NRRP has a budget of 457.7 million euros available, being possible a subcontracting up to…
Sebastian Staicu, BCR: We support the investments from NRRP, but we need clarifications
The price of energy has risen and any new investment does not seem to need a grant – bringing sufficient…
Mihai Aniței, Metachim: The chemical industry has particularities that generate many financing problems
The chemical industry has particularities that require numerous clarifications when it comes to NRRP, said Mihai Aniței, President of the…
Dan Drăgan (Ministry of Energy) presented the status of NRRP funding programs
The concerns of the Ministry of Energy are related to solving the pressing problems, one of the most important of…
CE Oltenia has confirmation that it will receive 895 million euros for investments from the Modernisation Fund
The Investment Committee of the Modernization Fund approved Romania’s request for financing for the future gas power plants of the…
Romania’s chance is to rethink and revitalize its industry
Romania has not done much to accelerate the absorption of European funds, said Kurt Weber, Managing Director, Horvath & Partner.…
Transgaz, Nuclearelectrica and Romgaz will transfer only 50% of dividends, investments are prioritized
After Nuclearelectrica and Romgaz, the Government decided to exempt Transgaz from paying 90% dividends. Thus, 50% dividends will be paid…
Ondrej Safar, CEO CEZ România: We continue the investment in the grid
Distribuție Oltenia continued its smart metering projects and approved with ANRE a smart metering plan for its operational area that…
World’s biggest oilfield contractors are quitting future Russia works
The world’s three biggest oilfield service providers are halting future work in Russia, in response to President Vladimir Putin’s invasion…
FPPG: Postponing investments in the Black Sea will lead to a series of new challenges for Romanians
The latest study on the specific taxation of offshore natural gas production in Romania, conducted by PwC Romania for the…