02.01.2021

Shareholders of state-owned hydropower producer Hidroelectrica on Monday approved the company's acquisition of Crucea Wind Farm SA and STEAG Energie Romania SRL from German energy group STEAG. more

01.05.2021

Romania's Competition Council said Tuesday it was analyzing the transaction whereby state-owned hydropower producer Hidroelectrica is acquiring Crucea Wind Farm SA and STEAG Energie Romania SRL from more

12.23.2020

Romanian hydropower producer Hidroelectrica has signed a deal with Germany energy group STEAG to acquire the Crucea wind farm in Constanta county, southeast Romania. more

09.21.2020

The Board of Directors of Romanian state-owned power producer Hidroelectrica, the most profitable state-run company in Romania, has called a shareholders’ meeting on September 23, 2020 to approve more

09.25.2019

The Cogealac-Fantanele wind park, the largest onshore wind farm in Europe, produced on average 143.5 GWh of electricity a month in 2018, according to officials of park owner CEZ. more

09.23.2019

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09.13.2019

Dutch Ingka Group, which owns most IKEA stores, said on Friday it would buy an 80% stake in seven Romanian wind farms from Danish wind turbine maker Vestas. more

07.20.2017

OMV Petrom on Thursday announced the signing of a contract to sell OMV Petrom Wind Power SRL (Dorobanu Wind Park) to Transeastern Power B.V., a limited liability company registered in the Netherlands, more

07.04.2017

CEZ reported a net profit higher by RON181.66 million in 2016 compared with 2015, due to its wind energy output, the company said in a statement Tuesday. more

10.11.2016

The net loss of Romania’s wind power industry increased by RON1.9 billion in 2015, to nearly RON4 billion (approximately EUR900 million), cumulated for the years 2014 and 2015, due to a lack of more

03.24.2016

Road carrier Wind Speed has invested EUR1.8 million in a climate controlled storage facility in Victoria town, Brasov county, which is 40% fueled by solar power. more

08.25.2015

No other industry has gone from ecstasy to agony in the span of just one year as the green power industry did. more

08.20.2015

Romanian electricity distribution and supply company Electrica (EL.RO) seeks to outsource two ready-to-build wind power projects, saying investments in renewable energy as not as attractive as they more

08.18.2015

Total wind projects of 130 MW were set up in the first six months of 2015, representing around 52 wind turbines, the projects being most probably started during previous years and postponed over more

08.11.2015

Wind farm developer Monsson Group, controlled by businessman Emanuel Muntmark, announced it will dismantle its wind park in Targuşor, Constanta county, saying local legislation has rendered it more

06.29.2015

The Monsson group of businessman Emanuel Muntmark, the largest local wind farm developer, ended last year with EUR50 million revenue, an increase on 2013 and might reach about EUR60 million in two more

05.06.2015

The three companies whereby Czech-held CEZ operates the giant wind farm complex Fantanele-Cogealac posted almost one billion lei (EUR226 million) losses last year, according to the data the group more

01.28.2015

Investors in solar park projects got most of the green certificates awarded under Romania's government-backed clean energy support scheme last year. more

01.27.2015

After investments of EUR380 million in wind projects, Verbund will no longer expand in Romania, says Ovidiu Pop, general manager of Verbund Romania, the local subsidiary of Austria’s biggest energy more

01.07.2015

About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy market were more

12.03.2014

Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is set to more

11.14.2014

EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptions in two 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

08.05.2014

The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local economy, and more

06.04.2014

The European Bank for Reconstruction and Development (EBRD) is granting a EUR57 million loan for the Topolog-Dorobantu wind park, in Tulcea county, developed by LUKERG Renew. more