Nuclearelectrica – 3 major investment projects and the financing for them
At present, SNN is focusing on three major investment projects, said Cosmin Ghiță, Nuclearelectrica’s general manager, at a CNR-CME conference…
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Electricity
Nuclearelectrica and CGN signed the agreement for the establishment of the project company to build Units 3 and 4
Nuclearelectrica signed on Wednesday with China General Nuclear Power Corporation and CGN Central and Eastern Europe Investment the agreement on…
Shareholders do not agree for Hidroelectrica to hire lawyers
Hidroelectrica’s plans to diversify and develop the production portfolio through new projects can be done, but only with its own…
The Government intends IPO for Hidroelectrica – 10% and CE Oltenia -15% in new shares
The government wants an IPO for 10% of Hidroelectrica’s shares and 15% of the Oltenia Energy Complex, according to the…
Enel group announces a net ordinary income up 11.3% in Q1
Enel Group announced revenues worth 20,891 million euro (as opposed to 18,946 million euro in the first quarter of 2018,…
U.S. seeks to challenge China’s electric-vehicle supply chain dominance
An U.S. senator plans to introduce legislation to streamline regulation and permitting requirements for the development of mines for lithium,…
Bulgaria: Electricity exports have increased by 40% in the first four months
Electricity exports from Bulgaria have increased by over 42% in the first four months of the year. This is shown…
Bulgaria’s NPP Kozloduy shuts down Unit 5 for planned annual maintenance
Bulgaria’s sole nuclear power plant (NPP) Kozloduy said that it has shut down its 1,000 MW Unit 5 on Wednesday…
GE selected as preferred bidder to build coal plant in Kosovo
US energy group ContourGlobal and Kosovo’s government said on Friday that General Electric (GE) has been selected as the preferred…
Global battery energy storage market to grow by 7% to reach USD 13 bn by 2023, says GlobalData
The global battery energy storage market is forecast to grow to $13.13bn by 2023. Asia-Pacific (APAC) and EMEA will be…
Electricity reaches over 200 lei per MWh
The price of electricity on the spot market of the OPCOM stock exchange returned on Monday to more than 200…
America’s renewable energy set to surpass coal for the first month ever
America’s clean energy revolution is on the verge of a tipping point. The renewable energy sector is projected to generate…
169 individual heating substations installed in Moldova’s Balti with financing from EBRD and donors
Since early 2019, 169 individual heating substations have been installed, providing heat for 129 buildings across Balti, Moldova’s second largest…
The future of energy, automation and e-mobility with ABB (Tomasz Wolanowski, Country Manager România)
Tomasz Wolanowski arrived to Romania in October 2013, so there are five years and a half, now, since he has…
Alro invests USD 35 million in 2019
Alro shareholders have approved investments of 35 million USD for the year 2019. The company made last year a profit…
Bulgarian fin regulator probes Eurohold over CEZ deal talks
Bulgaria’s financial regulator said on Wednesday that it is launching a probe into local financial and insurance group Eurohold Bulgaria…
MDRAP receives a single offer for 68 electric buses in five cities
The Ministry of Regional Development and Public Administration (MDRAP) has received a single tender offer for the purchase of 68…
Timisoara: Electroputere VFU Pascani, Turkish firm Bozankaya and Polish Pesa filed offers for trams with batteries
Timisoara City Hall received three offers at the auction for the purchase of 40 autonomous trams. These come from Electroputere…
Bulgarian power distributors seek significant increase in electricity prices
An average of 15 percent will increase household electricity prices if the energy regulator approves CEZ’s proposal to increase the…
Delgaz Grid announces new investments in transformation stations
Delgaz Grid develops an investment of 3.5 million lei in the transformation stations Bularga – Iasi, Câmpulung Moldovenesc – Suceava…
Electrica approves the dividend of 0.73 lei, rejects the management salary increase and the proposed remuneration policy for the BoD
The Ordinary General Meeting of Shareholders (AGOA) of Electrica SA, that took place on April 25, 2019, approved, with the…
Badea, Hidroelectrica: We will invest over one billion lei in 2019
Bogdan Tudorache Hidroelectrica will invest about one billion lei this year, said Bogdan Badea, president of the company’s management. „We…
E.ON and Kyuden Mirai – agreement for offshore wind projects in Japan
E.ON and Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is…