Electrica Borad approves the Investment Plan for 2024, of over 1 bln. lei
The Board of Directors of Electrica approved the consolidated value of the Investment Plan (CAPEX) of the Group for the…
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Menegazzo: We must support and greatly accelerate investments in electrical networks
Investments in electrical networks must be greatly supported and accelerated, because otherwise an even greater gap will be created between…
Ministry of Energy launched the CfD scheme, designed to provide stability and predictability to investors
The Ministry of Energy launched the Contracts for Difference (CfD) scheme, a financial instrument designed to stimulate the production of…
Rețele Electrice Muntenia finished modernization of North Power Station, an investment of 70 mln. lei
Rețele Electrice Muntenia company (part of the PPC Group, formerly named E-Distribuție Muntenia) has finalized the modernization works for the…
Schneider Electric invests in a 55 mln. euro factory in Bulgaria
Schneider Electric has started construction of its second high-tech factory in Bulgaria, on an area of 8,000 square meters, in…
Transgaz invests over 2.4 mln. lei in maintenance and software services
The National Natural Gas Transport Company Transgaz SA allocates 2.4 million lei, without VAT, for software maintenance and repair services,…
OX2 gets the connection approval for the 290 MW wind farm in Dobrogea
Last month, the South Wind SRL company received a technical approval for connection (ATR) for a large wind farm of…
Chinese group Leapmotor to produce electric cars at Stellantis plant in Poland
China’s Leapmotor Group will start producing small electric cars at the Stellantis plant in Tychy, Poland, as part of a…
Financing demand of nuclear energy, estimated at USD 5,000 bln.
Nuclear power representatives gathered in Brussels amid a wave of public support for nuclear power plants were hit by a…
Ukraine grid benefits from help from abroad, also from Romania
Ukraine’s power grid is receiving emergency assistance from Poland, Romania and Slovakia after a wave of Russian airstrikes damaged power…
Russian oil feels the brunt of Western sanctions
Russian oil exports that fund the Kremlin’s war machine are finally slowing down. Refineries in India – Moscow’s second biggest…
Monsson increasingly bets on energy storage in batteries
Every renewable energy generation project with an installed capacity of 5-10 MW should have associated energy storage units, said Sebastian…
Tens of thousands of people are needed for renewable investment projects
The renewable energy market in Romania is underdeveloped and many investments are unviable, said Mirel Jarnea, SEE Business Development Manager…
Ionuț Ciubotaru (OMV Petrom): Energy transition is based on strong partnerships
Energy transition plays a crucial role in OMV Petrom’s strategy, and the company has made major progress in this regard,…
Gas imports increased by over 143% in January 2024
Romania imported, in January 2024, a quantity of usable natural gas of 107,800 tons of oil equivalent (toe), 143.3% higher…
Kadri Simson: EU must reduce Russian liquefied gas imports this year
The European Union is putting more and more pressure on Russian liquefied natural gas importers to reduce their purchases this…
PPC FiberGrid: FTTH to 1.7 m households in 2025
A new era for telecommunications in Greece is being brought closer by PPC Group. PPC FiberGrid, the PPC subsidiary that…
RenewAcad Center trained 54 students to become specialists in green trades
In Rovinari, on March 14, 2024, the event marking the intermediate stage for the target of 100 specialists trained through…
Elena Popescu: PNIESC will not be ready until June 30
The National Integrated Energy and Climate Change Plan (PNIESC) will not be adopted by the Government until June 30, as…
Chirica: Long-term clean energy projects to generate around 20,000 jobs
The long-term strategic projects that will ensure Romania’s energy security with clean energy will generate around 20,000 jobs during the…
Electricity consumption is inversely proportional to production
Romania’s electricity consumption is inversely proportional to production and this situation is not expected to improve in the coming years,…
Support instruments to have at least 10 GW in renewable energy by 2030
The authorities are preparing two new calls for 500 million euros each for renewable energy projects for prosumer SMEs and…