Chimcomplex announces 14.6 million euros profit in the first quarter of 2022
Chimcomplex, Eastern Europe’s largest chemical polyols producer, reports a 23.2% increase in turnover for the first quarter of 2022 compared…
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Cogeneration
Romania to sell 20% of the Oltenia Energy Complex by 2026
Romanian state has committed to sell 20% of the Oltenia Energy Complex by December 31, 2026, according to the Oltenia…
Electroservice RB has a scheme for the production of electricity and heat in small units to be financed by NRRP
NRRP represents an opportunity for the Romanian energy industry, said Răzvan Dedu, CEO of Electroservice RB, during the event „NRRP…
Cristian Athanasovici, Kawasaki: Industry needs cogeneration, which NRRP does not cover yet
NRRP does not cover cogeneration for industry yet, said Cristian Athanasovici, BDM, Kawasaki Gas Turbine Europe, during the event „NRRP…
Mihai Aniței, Metachim: The chemical industry has particularities that generate many financing problems
The chemical industry has particularities that require numerous clarifications when it comes to NRRP, said Mihai Aniței, President of the…
Dan Drăgan (Ministry of Energy) presented the status of NRRP funding programs
The concerns of the Ministry of Energy are related to solving the pressing problems, one of the most important of…
CE Oltenia has confirmation that it will receive 895 million euros for investments from the Modernisation Fund
The Investment Committee of the Modernization Fund approved Romania’s request for financing for the future gas power plants of the…
Wood instead of coal at Paroșeni
Norwegian company Arbaflame has signed a letter of intent with the Romanian state to phase out the country’s coal consumption…
Closure of coal-fired power plants could be suspended in Germany
Germany could suspend plans to shut down coal-fired power plants as part of a package of measures aimed at reducing…
Romania has an electricity production capacity of 18,545 MW
Romania has a total electricity production capacity of 18,545 MW, most of which are hydro and coal-fired power plants, according…
It’s official: We reopen the coal, 600 miners will be hired; offshore law ready
The president of PNL, Florin Cîţu, said today that Romania already has alternative sources to the fuels from Russia to…
Romanian NRRP Financing Guides for 1.25 GW new capacities and 1 billion euro state aid
The Romanian Ministry of Energy has released for public debate a set of documents, including the Financing Guides, description of…
NRRP – Investment Guide for high-efficiency cogeneration for district heating in Romania
Romania provides 390 million euros for the production of electricity and heat in cogeneration of high efficiency in district heating.…
Financing plus technical expertise for energy efficiency, from FREE
Adrian Ghiță, Executive Director of the Romanian Fund for Energy Efficiency presented the financing/credit offer of FREE and some of…
Elcen ordered the full payment of the sums of money owed to the creditors
Sierra Quadrant, Elcen’s judicial administrator, on Thursday ordered the full payment of the money owed to the company’s creditors. The…
Dominic Fritz: The people of Timisoara subsidize the price in Bucharest, while they are in the cold
The mayor of Timisoara, Dominic Fritz, requested another 130 million lei from the Government to cover the costs of district…
Gov’t approves new 82 mln. euro subsidies for cogeneration projects
Romanian government approved two state aid schemes targeting projects in cogeneration, biomass, biogas and geothermal, the executive announced. The projects…
Elcen is initiating proceedings for getting out of insolvency
Electrocentrale Bucureşti SA (Elcen), the main supplier of thermal agent for the centralized heat supply system in Bucharest and one…
Sierra Quadrant ends negotiations with the City Hall for the transfer of ELCEN to Termoenergetica
Sierra Quadrant has notified the City Hall of the Capital (PMB) that it had terminated negotiations on the transfer of…
Elsaco and Energomontaj to bring geothermal energy in the Nufărul district of Oradea
The municipality of Oradea has signed a contract with Elsaco Electronic and Energomontaj for almost 90 million lei (excluding VAT)…
CE Oltenia will be restructured with OMV Petrom and Tinmar Energy; a new call for investors is scheduled for February
The Oltenia Energy Complex is in negotiations with the companies with which it will partner for the construction of photovoltaic…
Daniel Burlan: EC decision means saving and modernizing the Oltenia Energy Complex
The management of the Oltenia Energy Complex (CEO) welcomes the decision of the European Commission, announced on January 26, to…
CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…