11.20.2024

The overall costs of the global energy transition, estimated at USD200 trillion by 2050, could be reduced by almost 25 percent using de-risking instruments, thus facilitating new methods of financing more

09.04.2024

Romania's national grid company Transelectrica (stock symbol: TEL), Georgian State Electroysstems, AzerEnerji and MVM Electrical Works have signed the shareholders’ agreement of the project company more

06.25.2024

FF Ventures, an independent power producer of Spain, has arrived on Romania’s market, where it will develop, in the next three years, 500 MW of solar projects and 500 MW of energy storage ones. more

05.29.2024

Romanian power grid company Transelectrica (TEL.RO) and the other relevant parties designated at the level of each state, respectively AzerEnerji JSC, Georgian State Electrosystem and MVM Zrt., have more

05.10.2024

OMV Petrom, the largest integrated energy producer in Southeast Europe, and France’s Saint-Gobain, which owns several plants in Romania mainly producing building materials, have signed an agreement more

02.02.2024

Libra Internet Bank granted RON82.7 million funding to Glodeni Energy, part of the portfolio of DTEK Renewables International (DRI), a private energy investor of Ukraine, for the construction of green more

11.28.2023

International Finance Corporation (IFC), part of World Bank, is granting an up to EUR50 million loan to UniCredit Leasing Corporation (UCLC), a subsidiary of UniCredit Bank Romania and member of more

04.19.2023

One of the biggest green energy portfolios underway locally has UAE’s Masdar and Romania’s biggest energy producer Hidroelectrica behind it. more

11.02.2022

Monsson group, the biggest green energy project developer in Romania, has signed an agreement with Rezolv Energy, a company owned by British investment fund Actis, for the development of a 1,044 MW more

10.21.2022

Aquila Part Prod, the largest player on Romania’s consumer goods distribution market, is investing over EUR220,000 to expand the photovoltaic plant launched in late March, as well as in the more

09.30.2022

Kosarom group, a major meat producer in Romania, majority owned by entrepreneur Neculai Apostol, will invest EUR278,000 to install 400 kWp photo-voltaic generators. more

09.26.2022

INVL Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has bought another 6 solar power projects in Romania, with a capacity of around 103 MW, thus holding around 269 MW in more

08.29.2022

Enel Green Power Romania, the local green power unit of Italy’s Enel, one of Europe’s most powerful utilities group, in early August got the technical approval to connect two large solar power more

05.25.2022

Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the project more

04.05.2022

First Bank grants loans with 50% discount to companies that want to install photovoltaic panels to recover their electricity costs. Thus, companies can become prosumers and, by implementing green more

03.03.2022

Rodbun group has a total investment budget of RON50 million in 2020 and envisages company acquisitions, renewable energy production and the setting up of a digital agricultural bank, explained more

01.13.2022

Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power. more

12.08.2021

OMV Petrom, Romania’s sole oil and gas producer, is radically changing its investment directions until 2030, with over half of the company’s budget set to go to green energy and gas. more

11.24.2021

Paper manufacturer Pehart, controlled by private equity fund Abris Capital, is considering producing green energy, as an alternative energy source, with the company carrying out a pre-feasibility more

11.24.2021

One of the factors behind the record high electricity prices was the weaker renewable power production. The gap was covered by gas, coal and hydro-based power. more

11.19.2021

At the end of the first 9 months of 2021, Photon Energy had a project portfolio of around 218 MW under various stages of development in Romania, almost double the 117 MW capacity of early 2021, more

11.16.2021

Large wind and solar energy projects worth above EUR400 million got the green light in October to connect to Transelectrica grid. more

11.11.2021

Italy’s Enel, one of the biggest players on the domestic energy supply and distribution market with 3 million clients, in the first nine months of 2021 reached revenues of almost EUR1.1 billion, up more

10.27.2021

Major shopping center developers and owners have new nationwide expansion plans, but are now hurt by rising energy costs and the falling purchasing power on the market is likely to hinder their more

04.20.2021

Restart Energy, the second largest independent supplier of electricity to household consumers in Romania, is listing its first bond issue on the Bucharest Stock Exchange Wednesday. more