Bucharest City Hall has, starting Friday, a new budget
Bogdan Tudorache After intense negotiations, the general councilors from different parties reached a consensus regarding the final budget of the…
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Stancu: Investments need in the Romanian energy sector far exceeds European funds
The need for investments in the Romanian energy sector, estimated at 12-15 billion euro, far exceeds the European funds available…
ANRE: Gas transmission and distribution operators will make investments of over 1.6 bln. lei in 2021
Natural gas transmission and distribution operators will make total investments of over 1.6 billion lei for 2021, according to a…
ANRM: Romania’s interest is for investments in Black Sea gas to start in 2022
Romania’s interest is for the investment in the Neptune Deep perimeter in the Black Sea to start in 2022, otherwise…
ANRE: System and distribution operators, investments of 2.3 bln. lei related to last year
For 2020, total investments in the natural gas transmission and distribution systems worth 2.274 billion lei will be completed this…
Transelectrica invests more than 150 mln. lei in network modernization
The modernization of the electric transmission network and the increase of the integration potential of the energy production capacity from…
ANRE to redefine long-term contracts in less than a next week
The regulatory committee of the Romanian Energy Regulatory Authority (ANRE) will discuss next week the modification of the definition of…
ANRE has approved investments of about 1.7 bln. lei this year for electricity grid
The National Energy Regulatory Authority (ANRE) has approved for the transmission and system operator and the concessionary electricity distribution operators,…
EIB report: About two thirds of Romanian companies will invest in climate related projects
Bogdan Tudorache New EIB economic research suggests that business in Romania has became more pessimistic about the short-term outlook, very…
Delgaz Grid – investments of over 2.9 bln. lei for the modernization of electricity networks
Delgaz Grid, part of the E.ON Romania Group, has invested over 2.9 billion lei (682 million euro) since 2005, for…
Electrica Group – net profit of 388 million lei (+87,5%) in 2020
Electrica Group obtained a consolidated net profit of 388 million lei in 2020, up by 87.5% (181 million lei) compared…
EIB: Romanian businesses lack confidence in the short term scenario, but admit climate change investment is key
Bogdan Tudorache A new EIB Investment Survey for Romania reveals that the COVID-19 pandemic is expected to add pressure on…
OMV Petrom: Investment of 1.5 mln. euro in Petrobrazi to increase the efficiency of the lighting system
Bogdan Tudorache OMV Petrom has invested 1.5 million euro in the Petrobrazi refinery to streamline the lighting system of the…
Italian Alerion Clean Power wants to build 200 MW PV in Romania
Italian company Alerion Clean Power signed a collaboration agreement with PV Project RO, a Timisoara-based company with Italian shareholders, for…
Cristina Prună: We have found solutions to unlock the PPA-type contracts
“The PPA-type contracts are an opportunity to attract investments in the energy sector, especially in the green energy sector,” said…
Virgil Popescu: The budget is not an austerity one, many investments are made outside it
The budget for 2021 is not one of austerity, but it does not satisfy everyone either, and although the ministers…
Non-reimbursable financing of 10,5 million euros for energy efficiency with Servelect
The energy engineering and services company Servelect, from Cluj-Napoca, has helped attract non-reimbursable financing of over 10 million euros for…
Clear strategic objectives for accelerated investments in Romania
Over the next few years, Romania can benefit from a wave of investments in all energy sectors. A stable and…
Oana Mogoi, ING Bank Romania: Investors’ appetite for green bonds is on the rise
In recent years, most large banks have adjusted their policies to restrict access to finance for certain technologies, fuels or…
Athanasovici, Kawasaki: We offer financing solutions through our European branch
Until 2030, Romania cannot give up on natural gas, so it will have to very intelligently combine hydrocarbon-based and renewable…
Continued funding commitment for ELENA by EIB to support energy efficiency in urban areas
The European Commission has provided fresh funding to continue the work of the European Local Energy Assistance (ELENA) facility, implemented…
Staicu, BCR: Romania needs to better define the investments it wants
By 2020, European carbon emissions have been reduced by more than 24% compared to 1990. During the same period, the…
Photon Energy develops solar projects of more than 790 MW, 10% in Romania
Photon Energy currently develops solar projects of various sizes totaling over 790 MW worldwide, of which 77 MW in Romania…