Simtel takes over the majority stake in ANT Power Energy
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has reached…
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Badea: Investments in energy are delayed because it takes years to get an opinion from hordes of bureaucrats
The legislation in Romania needs to be clarified, because at the moment it is interpretable and it takes years to…
Renewable energy producers could cease activity due to overtaxation
Renewable energy producers could close down due to the overtax introduced by Law 259/2021 on capping and offsetting energy bills,…
Franck Neel, OMV Petrom: In the next 10 years we will reposition our portfolio to gas, but we will also have 1 GW of renewables
OMV Petrom’s new strategy for 2030 includes an investment of 11 billion euros, with a strong focus on the energy…
Nagy-Bege: I expect Romania to have new investments in renewables in 2022
New investments in the production of energy from renewable resources could be done next year, in the context in which…
Photon Energy Group Connects First Merchant PV Power Plant for its IPP Portfolio in Europe
Photon Energy has completed and grid-connected a photovoltaic power plant with a capacity of 1.3 MWp near the municipality of…
C. Popescu: Investments in solar parks rejected by the GSM were part of Electrica’s Strategic Plan
Electrica’s shareholders rejected the plan to take over some solar parks of about 31 MW, taking the market by surprise.…
EY: Sustainability needs a 50% increase in global networks investments
Markets around the world need to modernize and expand their infrastructure to support a smooth global transition to renewable energy,…
Grasshopper Energy of Canada might develop USD 1 bln. worth of solar projects in Romania
The Canadian renewable energy producer Grasshopper Energy is expanding in Romania, through a partnership with Prince Stefan Sturdza, the son…
Timisoara International Airport wants solar panels for energy independence
Timisoara International Airport aims to access, through PNRR, several million euros, to install several hectares of solar panels, to produce…
Banca Transilvania launches a lending campaign for renewables and energy efficiency
Banca Transilvania Financial Group – through Banca Transilvania and BT Leasing – supports investments in the production of energy from…
Photon Energy develops PV projects of over 217 MW in Romania
In Romania, Photon Energy has a portfolio of photovoltaic projects of almost 218 MW in different stages of development. The…
Distributie Oltenia invests more than 151,000 euro in PV plants at transformer stations
Distribuţie Oltenia has started a pilot project for the installation of photovoltaic power plants with an installed capacity of approximately…
AFM starts the registration session for the validation of installers for PV prosumers
The Administration of the Environmental Fund organizes, between November 15 and December 16, 2021, a registration session for the validation…
Restart Energy exits natural gas supply, to focus on electricity and renewables
Restart Energy, one of the largest independent electricity suppliers in the local market with a portfolio of around 50,000 customers,…
2 weeks for investors interested in CE Oltenia projects
CE Oltenia entered the binding offers stage for the selection of investors interested in setting up joint ventures in order…
Green energy producers: We do not know how Law 259 applies, we are waiting for the norms, the consequences could be disastrous
Renewable energy producers are waiting next week for the application norms of Law 259/2021, which overtaxes revenues, but it is…
Cristian Nacu, IFC: Our role is to finance sustainable development, green projects
Cristian Nacu, Senior Country Officer for Romania and the Republic of Moldova, International Finance Corporation – World Bank Group says…
Renewable energy sector claims ‘disastrous impact’ of law on capping prices and offsetting bills
In a joint press release, the main associations representing the renewable energy sector – RWEA, PATRES and RPIA – warn…
Dor Marian, Wiren: Sibiu can provide 50% of its electricity consumption only from solar sources
Investments in photovoltaic systems have a simultaneous impact in profitability, by reducing energy costs, and in sustainability, by reducing the…
Adrian Paraschiv, Photomate: Technology allows us to secure our own electricity needs
When we talk about infrastructure, most of us think of roads and highways, and maybe the sewerage and drinking water…
Nofar Energy and Econergy bought a 155 MW PV project from the Portland Trust
The transaction was announced in August and refers to a photovoltaic project under development, with an authorized production capacity of…
Econergy finalises agreement to construct and operate the largest solar project in Romania
Econergy, a leading investor, developer and operator in renewable energy projects across Europe has announced the completion of an acquisition…