09.29.2022

Renewable energy is mentioned by 75% of the respondents to the “Romanian perspective on the impact brought by climate change” study when asked which form of energy should be prevalent in Romania. more

09.20.2022

EY Romania’s Strategy and Transactions team assisted Austria’s investment company Enery in acquiring the portfolio of renewable energy projects owned by Canada’s Jade Power Trust in Romania. more

09.06.2022

Austria’s Enery Power Holding, also present on the energy markets of Czechia, Slovakia and Bulgaria, signed an agreement to buy the renewable energy project portfolio owned by Canada’s Jade Power more

08.08.2022

The European Commission (EC) said on Monday (August 8) that it approved a EUR149 million Romanian scheme to support the production of renewable hydrogen. more

06.06.2022

The INVL Renewable Energy Fund I managed by INVL Asset Management, the leading asset management company in Lithuania, on Monday said it would set off activities in Romania as it plans to invest almost more

05.24.2022

Governments around the world seek to accelerate and broaden the scope of their renewables programs to help reduce reliance on imported energy, according to the 59th EY Renewable Energy Country more

12.06.2021

Aukera, a green energy investment platform backed by AtlasInvest, a Belgian private investment company already active in renewable and conventional energy, aims to develop, build and operate a more

10.27.2021

Romanian engineering and technology firm Simtel Team, listed on the AeRo market of the Bucharest Stock Exchange, announced it acquired a 837,866-sqm industrial land plot in Giurgiu, where it is set to more

10.25.2021

Romania could recover over 60% of the GDP (gross domestic product) loss caused by the COVID-19 pandemic and could generate approximately 1000 jobs per one million inhabitants, through investment more

10.07.2021

Steel mill Liberty Galati (former Sidex Galati) on Thursday said Romanian authorities have issued the environmental permit for the closure of the steelwork’s slag dump and the reinforcement of its more

08.11.2021

Electrica (EL.RO) shareholders have approved the establishment of a renewable energy generation company, Electrica Productie Energie, a report to the Bucharest Stock Exchange shows. more

06.22.2021

Romanian state-owned energy utility group Electrica (EL.RO) will organize on August 11 the extraordinary general meeting of shareholders which are expected to approve the establishment of a power more

04.01.2021

The potential of renewable energy on the local market can become the engine of the decarbonization of the Romanian energy sector as long as public initiatives synchronize with business intentions, EY more

06.25.2020

Romania ranks tenth in the European Union by the share of renewable energy in the total energy consumption, with renewable energy covering 23.8% of the country's total energy consumption in 2018. more

06.04.2020

The renewable energy sector is expected to bounce back quickly despite the global slowdown caused by COVID-19, as the long-term drivers for investment remain strong, according to the EY Renewable more

02.10.2020

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10.02.2017

CEZ energy group, the largest investor in green energy in Romania, with EUR1.2 billion projects, cut its wind power operation losses by 45% to 229 million (EUR50 million) last year, but the experience more

12.29.2016

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01.07.2016

Investors in renewable power industry criticize government’s decision to keep the mandatory renewable energy quota at a low level, for the third consecutive year, saying that the measure, based on more

12.04.2015

The increase of the mandatory renewable energy quota to 12.15% next year, as proposed by the Energy Ministry, is an uneconomical measure with a strong impact on captive consumers, especially household more

08.10.2015

EDP Renovaveis, the renewable energy unit of Portuguese group EDP, the third largest investor on the Romanian renewable energy sector, has completely suspended investments on the local market, more

07.28.2015

Associations and employers in the renewable energy sector call on the government and the energy regulator to amend the mandatory renewable energy quota supported through the green certificate scheme more

01.07.2015

EnergoBit Cluj, a major supplier of equipment and services for the energy field, controlled by Polish investment fund Innova Capital, bets on an 8-10% revenue increase this year, on export contracts more

11.04.2014

Renewable power investments worth some EUR480 million were completed in the first nine months of this year, according to ZF calculations based on information provided by Transelectrica and the energy more

10.01.2014

Small renewable energy in Romania risk going insolvent or bankrupt within six months to one year due to high taxes, low electricity prices and deadlock on the green certificates market, said Dan more