C. Crețu (ELCEN): The reorganization plan shows that a large portion of the debts will be paid to the creditor
The authorities in charge, ELCEN, having as main shareholder the Ministry of Energy, and RADET Bucharest, owned by the City…
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Renewables
House tax bill trims wind tax credit, extends nuclear provision
Tax credits cherished by the wind and solar industry remain under a rewrite of the tax code revealed by House…
Record amount of renewable energy installed in 2017
A record amount of renewable power capacity was installed worldwide last year as the cost of wind and solar became…
CE Oltenia to invest 810 million lei in 2018
The Oltenia Energy Complex, one of the largest energy producers in the country, is preparing investments of 810 million lei…
Green energy investment collapses in UK while wind power outproduces nuclear for the first time
Clean energy investment in the UK took a 56% drop in 2017 according to the Environmental Audit Committee. The Imperial…
Repsol to end pursuit of oil growth, goes green
Repsol SA will no longer seek growth for its oil and gas business in preparation for the global transition to…
Cryptocurrency may light up renewable energy in Moldova
Moldova, a small, landlocked country in eastern Europe, imports three-quarters of its energy and has seen its energy prices rise…
Vestas partners with Vattenfall on large wind energy project in Sweden
Wind turbine specialist Vestas has entered into a partnership with Swedish utility Vattenfall and Danish pension fund PKA to build…
Bucharest City Hall approved the acquisition of assets and liabilities of ELCEN and RADET
The General Council of Bucharest (CGMB) approved a draft decision for the transfer of the assets and liabilities of RADET…
Amendments to the renewable law on the last mile; Parliament’s plenary will vote on the law on May 22
The Committee on Industry and Services of the Chamber of Deputies approved most of the amendments to the legislation on…
IRENA: Renewable energy jobs up 5% to 10.3 million worldwide in 2017
The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3 per cent increase from 2016,…
EY: US overtakes India on renewable energy attractiveness index, Poland gets in
China remains atop EY’s Renewable energy country attractiveness index for the third time in a row, while at the same…
Photon Energy: Priorities on the Romanian PV market
Since 2008, various national subsidy schemes supported and then did not the development of the nascent photovoltaic sectors in Europe.…
UK: Growth of independent renewable energy projects slumps as government support falls
Growth in independent renewable energy projects has slumped to its lowest level in years as government subsidies have fallen away.…
GE renewable energy 12 megawatt Haliade wind turbine heading to UK
GE Renewable Energy and the UK’s Offshore Renewable Energy Catapult announced have signed a five-year research and development agreement which…
ANRE is preparing a new support scheme for renewables to start from 2021
The National Regulatory Authority for Energy – ANRE is considering introduction of a new support scheme for renewable energy from…
Denmark Government wants to build massive wind energy park
In just a few short years, Denmark could very well have one of the biggest wind energy parks in the…
The Competition Council has not opened an investigation into the green certificates market
Although the green certificates market is quasi-inoperable, with about 12 million unsold certificates, the authorities are not investigating the market…
Renewable energy wins over big businesses in US
Despite President Trump’s call for a coal power renaissance, companies like GM, Target and Starbucks are following Google and Apple…