ELCEN submitted financing requests for new cogeneration plants of 286 mln. euro
On Thursday, ELCEN submitted the financing requests for the construction of new high-efficiency cogeneration plants at CTE Grozăvesti and CTE…
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Modernization Fund
ME launches new calls for projects worth 815 mln. euro through the Modernization Fund
The Ministry of Energy announces the launch of two calls for projects from the Fund for Modernization within the Key…
EU opens an investigation into an EPC contract for a solar park in Romania
On Wednesday, the European Commission launched two in-depth investigations into the potential market distorting role of foreign subsidies granted to…
REI Grup: Over 800 million euros are available for green energy investments through the Modernisation Fund
More than 800 million euros in non-reimbursable funds for investments in green energy projects will be available within the next…
Want money for battery storage? Prepare the Feasibility Study and the Urban Planning Certificate by February 8!
The Ministry of Energy will open on February 8 a call for projects to support investments in the development of…
Energy Transition has better chances in the developing regions of Europe
There was one piece of information that made some waves in recent months – Romania has surpassed Hungary in terms…
CE Oltenia starts its transition from coal to green energy
CE Oltenia is modernizing and making the transition from coal to green energy, announced Sebastian Burduja, the Minister of Energy,…
Electrica: Financing of 6.25 million euro through the Modernization Fund
Distribuție Energie Electrică Romania (DEER) attracted yet another non-refundable European financing through the Modernization Fund (FM), in the amount of…
Electrica gets 57 mln. euro through the Modernization Fund for grid investments
The Electrica Group, through the operator Distribuție Energie Electrică Romania (DEER), attracted non-refundable European financing, through the Modernization Fund, in…
Romania accelerates the installation of 5 GW of renewables by 2025
Romania aims to install renewable energy capacities of 10 GW by 2030, of which 2 GW are to be installed…
Drăgan, Energy Strategy Summit: Only through the Modernization Fund we have schemes worth 5.3 bln. euro
On the Modernization Fund alone, 5.3 billion euro of schemes are currently initiated, contracts signed and schemes approved, and through…
V. Popescu: DEER benefits from two contracts of 272 mln. lei 80% co-financed by the Modernization Fund
Distribuție Energie Electrică Romania (DEER) benefits from two new contracts for the modernization of the network, with a total value…
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…
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…
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