Companies are not interested in getting funds for energy efficiency
Companies are not interested in obtaining energy efficiency funds, and there is a lack of projects in the National Recovery…
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Modernization Fund
The main battleground in the renewable energy industry is for land
Renewable energy investors are fighting a “big battle” for land near power lines that can be used for large power…
Gov’t prepares green funding via Modernisation Fund: over 1.5 bln. euro for companies and local authorities
The Ministry of Energy is preparing one of the most eagerly awaited green energy funding programmes in Romania, with a…
The innovative mechanism of contracts for difference will take the pressure off the end consumer
The process of eliminating coal from the national energy mix is irreversible, and Romania’s priorities should be the replacement of…
Franck Neel: We are working on the financing and EPC contracts for the projects at CE Oltenia
OMV Petrom is currently working on concluding the financing agreement and the EPC contract for the projects developed together with…
Ministry of Energy has under review PNRR projects worth 1 bln. euro
The Ministry of Energy is analyzing projects worth a total of one billion euros, which would be financed through PNRR,…
Adrian Borotea: Wind energy covered 40% of the country’s consumption recently
Wind energy recently covered 40% of the country’s consumption, winter being a “happy period” from this point of view, Adrian…
CE Oltenia will own 59.9% of the gas-fired power plant in Ișalnița
CE Oltenia’s 59.9% stake in the share capital represents a contribution of 65 million euros, the company announced in a…
Transelectrica gets 420 million euros from the Modernization Fund, a quarter of the value of the RET Development Plan
Transelectrica signed the first nine financing contracts from the Modernization Fund for the achievement of investment objectives of particular importance…
200 million euros for heating through the Modernization Fund – the aid scheme is under public debate
The Minister of Energy Virgil Popescu announced the launch in the public debate of aid schemes for energy infrastructure projects…
D. Drăgan: Romania will triple its renewable energy production capacity by 2030
Romania would install 10,000 MW in new energy generation projects from renewable sources that will be financed through the National…
Modernization Fund: The applicant’s guide has been launched for 4,000 km of new or modernization power network
The Ministry of Energy launched in public consultation the “Applicant’s Guide – Support for the expansion and modernization of the…
The Romanian Ministry of Energy focuses on the opportunities of the energy transition
The Romanian Ministry of Energy is optimistic in respect to the energy transition, said state secretary George Niculescu, at the…
EY: Geopolitical priorities are shifting across Europe and energy is no exception
The current geopolitical framework forced European countries to redefine their energy relationships and initiate quick steps to become energy independent,…
Gov’t approved the institutional and financial framework for the operation of the Modernization Fund
The Executive approved on Wednesday the Ordinance establishing the institutional and financial framework for the operation of the Modernization Fund,…
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…
V. Popescu: The electricity market must be completely rethought, so that energy does not pass through so many hands
The Romanian electricity market must be completely rethought, and the energy must go from producers directly to suppliers and industrial…
CE Oltenia has submitted projects for other 470 mln. euro from the Modernization Fund
The Oltenia Energy Complex has submitted projects to attract a sum of 470 million euro from the Modernization Fund for…
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…
Ministry of Energy published the list of investments that can be financed from PNRR and the Modernization Fund
The Ministry of Energy has published the list of investments that can be financed starting this year with funds from…
Minister of Energy: Restructuring plan for Oltenia Energy Complex could be approved in January
The restructuring plan for the Oltenia Energy Complex is expected to be approved by the European Commission in January 2022,…
Gov’t to adopt by the year-end the Ordinance on concluding power purchase agreements (PPAs)
Government Ordinance transposing Directive 944, which will allow for the conclusion of long-term power purchase agreements (PPAs), is on the…
Transelectrica gets the first money from the Modernization Fund – 23 million euros
The project to build a new 400 kV overhead power line between Constanța Nord and Medgidia Sud, proposed by Transelectrica,…
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