Restart Energy signed the contract to connect the largest solar park in Arad, of 500 MW
More than 200,000 households will be supplied with green energy following the connection contract concluded by Agrovoltaics, a company of…
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EU: Renewable energy replaced 20% of fossil fuel production in five years
Wind and solar power production in the European Union increased by 46% from 2019 to 2023, displacing a fifth of…
Burduja: Connecting the four CETs to the Transgaz network, in maximum three years
The connection of the four CETs in Bucharest directly to the Transgaz network could be done in two years –…
Ministry of Energy and SAPE announce the start of the CET Titan Heating Power Plant project
Works started On Monday at CET Titan, a fully automated plant that will be equipped with five engine-generator groups (Hydrogen…
EU countries must report energy-intensive data centres to Brussels
As of 15 May this year, all EU countries are obliged under Directive 1791/2023 to report to the EU data…
Romania is the next market for investors in data centers
Global spending on public cloud services is expected to grow by 20.4% in 2024. In this context, Romania is becoming…
Developing artificial intelligence (AI) requires a new energy infrastructure
The development of AI places increased demands on data centre infrastructure and cooling, and prefabricated modular data centres are becoming…
Electric cars process 25 GB of data per hour
Modern electric machines process 25 GB of information per hour, compared to a DVD which was 4.7 GB. In this…
Data centres are becoming increasingly attractive to the real estate industry
In recent years, data centres have become increasingly attractive to real estate players. Unfortunately, data centre operators are looking to…
Romania’s data centre market is microscopic; every chance to grow
The data centre market in Romania is microscopic, with only 48 MW of installed capacity, but the region has every…
Data centres have become energy-intensive units
Data centres have become energy-intensive units, and this directly affects us, generating potential performance imbalances, said Marius Poșa, Undersecretary of…
Transgaz builds the supply pipeline of the Mintia plant, an investment of 60 mln. euro
The Minister of Energy, Sebastian Burduja and the General Director of Transgaz, Ion Sterian, signed a financing contract for the…
OMV Petrom completes the acquisition of Renovatio Asset Management
OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner…
OPEC extends the period of oil production reduction until 2025
OPEC+ agreed on Sunday to extend most of the big oil output cuts to 2024 but begin phasing them out…
Budget of 362 mln. euro for gas production of energy in the thermal sector
The guide related to the state aid scheme which finances with almost 362 million euros the development of gas production…
ELCEN submitted financing requests for new cogeneration plants of 286 mln. euro
On Thursday, ELCEN submitted the financing requests for the construction of new high-efficiency cogeneration plants at CTE Grozăvesti and CTE…
Eaton’s buy-back solution for upgrading UPS systems: Trade-In 2024
Eaton is running a campaign that aims to provide affordable solutions for modernizing uninterruptible power supply (UPS) systems by replacing…
Energy Charter Treaty: Council gives final green light to EU’s withdrawal
With the decisions adopted on Thursday, the European Union and Euratom will leave the Energy Charter Treaty, while member states…
Impact of NZIA on the Romanian oil and gas industry: Market interventions and CO2 injection obligations
The Oil and Gas Employers’ Federation (FPPG) notes the adoption, this week, of the Net Zero Industry Act (NZIA) by…
BSOG, Carlyle and EBRD invest in a new network of biogas plants in Romania
Black Sea Oil & Gas (BSOG), together with its shareholders, the global investment firm Carlyle and the European Bank for…
Romgaz will launch a first issue of international bonds, worth 500 mln. euro, in July
Romgaz’s first international bond issue, worth 500 million euro, is scheduled for mid-July, said the company’s general manager, Răzvan Popescu.…
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…