Electrica’s profit up 11% due to the distribution segment
In 2023, at the level of the Electrica Group, profit before taxation EBITDA recorded an increase of 27.1%, respectively 369.8…
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EU approved the extension and change of the support scheme for high-efficiency cogeneration
The European Commission approved, on Wednesday, the extension and modification of the Romanian state aid scheme to promote the production…
GoodWe Expands Utility Portfolio Capacity with Launch of 320/350kW String Inverter, Lowering LCOE (P)
GoodWe, a renowned global provider of solar products and energy solutions, has launched its new three-phase 1,500V utility string inverter,…
DEER invested 155 mln. euro in 2023, revenues up 30%
According to the preliminary consolidated results published by the Electrica group, the company Distribuție Energie Electrică Romania (DEER) realized and…
Fechet: Economic operators can receive over 8 mln. euro for recycling factories
Economic operators in Romania that operate in accordance with national legislation in the field of waste recycling can receive up…
Green municipal bonds issued by Reşita City Hall, listed on the stock exchange
The green municipal bonds issued by the Reşita City Hall, which debuted on Tuesday at the Bucharest Stock Exchange (BVB),…
Schneider Electric: EcoStruxure IT has now model based, automated sustainability metric reporting
Schneider Electric, leader in digital transformation of energy management and automation, today announced the introduction of new model based, automated…
RES has completed the acquisition of Ingeteam’s renewable service division
The deal expands RES’ operations to 24 markets and makes it the largest independent renewable energy services provider in the…
AFM approved the list of beneficiaries of the Green House PV Program 2023
AFM approved the list of the 49,311 beneficiaries of the Casa Verde Photovoltaic 2023 program for individuals, according to a…
Simtel acquires a project company developing a 5.35 MWp solar park
Simtel Team announces the full acquisition of Oasis Green Energy 3, a project company developing a photovoltaic park in Salonta,…
Senate adopts the offshore wind law, Chamber of Deputies is the decision-making body
The plenary of the Senate adopted, with 87 votes “for”, 13 “against” and two abstentions, the project initiated by the…
EU Energy Ministers extend the measures to reduce gas consumption by one year
The EU Energy Ministers agreed on Monday to extend, until March 2025, measures to voluntarily reduce gas consumption, DPA reports.…
Burduja: I argued in Brussels that Romania does not anticipate reducing gas consumption
The Ministers of Energy from the European Union had, during the meeting in Brussels, an exchange of views on the…
PPC: Rețele Electrice Dobrogea, new investments of 11 mln. lei in modernizing the grid
Rețele Electrice Dobrogea (part of PPC group, previously called E-Distribuție Dobrogea) has completed a project worth approximately 11 million lei,…
Hidroelectrica restarts hydro unit 5 at Portile de Fier I
Hidroelectrica has completed the part of preparation and tests for hydro unit number 5 from the Portile de Fier I…
Green fuels for Romanian industry decarbonization: who would actually benefit?
Green hydrogen produced from renewable energy, as well as green fuels in general, are expected to play an increasing role…
Decarbonization of steel production, a challenge for the future of Romanian industry
Romania’s steel sector is responsible for approximately 6.3% of national carbon dioxide emissions, and in these conditions the decarbonization of…
Ministry of Energy: Feasibility study for the SOCAR-Romgaz LNG terminal was completed
The feasibility study for an LNG terminal at the Black Sea, on the Romanian coast, was completed with positive results.…
Nicuşor Dan: Three offers were submitted for the 20 modular thermal power plants
Bucharest City Hall mayor Nicuşor Dan announced that three offers have been submitted for the purchase of the 20 modular…
Delgaz Grid purchases, on average, 200,000 natural gas meters annually
Delgaz Grid invested, in 2023, over 35 million lei for the purchase and installation of over 200,000 natural gas meters,…
Financial results 2023: Electrica and Transelectrica mark growth, Romgaz and Transgaz – decrease
The Electrica Group recorded a net profit of 620.4 million lei in 2023, up by 61.6 million lei (plus 11%).…
Sebastian Burduja: Nicușor Dan refuses to approve the merger between ELCEN and Termoenergetica
Nicușor Dan refuses the approval of the merger between ELCEN and Termoenergetica by the General Council, according to a press…
Giles Dickson: European governments need to ensure that parks use European turbines
Giles Dickson, CEO of Wind Europe, Europe’s wind industry association, said EU member state governments must support European turbine production…