Energy
EU funding awarded for two solar projects in Romania
Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
Romania has a potential market value of over €1 billion in investments for storage capacities in the coming years alone, based on announced projects and upcoming tenders.
Romania aims to produce 153,000 tons of renewable hydrogen annually and reduce carbon emissions by over 2 million tons by 2030, according to the National Hydrogen Strategy 2023-2030.
Wholesale retailer Selgros has announced a strategic partnership with Voltrelli-EVConnect for the development of electric vehicle (EV) charging infrastructure across Romania.
Romania's energy regulator ANRE has approved the establishment of one of the largest wind farms in Romania.
Veolia, the joint owner of Apa Nova București, the operator of the water infrastructure in Bucharest, says it has no plans to take over hydroelectric power producer Hidroelectrica.
ELBI Group, comprising ELBI Electric & Lighting and ELBI Energy Projects, announced a consolidated turnover of approximately RON 556 million (€111.7 million) for 2024.
Groundbreaking has been made at Europe's first tritium removal facility (CTRF) at the Cernavodă Nuclear Power Plant in Romania.
Electrica Group recorded a net profit of 53.2% during Q1 2025 to RON 195.7 million (€39.3 million), while the operational revenues grew by 23.6% to RON 3.2 billion (€638.2 million).
Energy bills for households will increase once the price capping scheme is scrapped in July, finds a new study by the Energy Policy Group (EPG).
Sinteza, the Romanian producer of synthetic chemical substances, has decided to discontinue the implementation of its energy storage investment project.
Romania's Ministry of Energy is aiming to commission a study on the potential of offshore wind projects in the Black Sea and is looking to receive feedback from the industry.
Photon Energy and Hyperion Renewables have announced the signing of an EPC contract for a 34 MW photovoltaic project in Săliște.
Enexus, an integrated EPC company specializing in mid- to large-scale solar and storage projects, has announced a turnover of approximately €23 million.
BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county
The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.
OMV Petrom is expanding its electric mobility infrastructure by adding rapid charging services for electric trucks, with 400 kW charging stations in its network.
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
Hidroelectrica has announced the signing of a contract for the development of a photovoltaic project at its power plants on the middle and lower sections of the Olt River.
The European Commission has issued a reasoned opinion to Romania, urging the country to remove restrictions on gas producers' ability to determine wholesale prices.
A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value.
Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Although 60% of organizations in Romania are involved in AI utilization, either through testing or adoption planning.
Romanians spent a combined €6.2 billion on dining out last year, a figure more than quadruple the amount spent a decade ago, with average spending at €830 per family in 2024, according to a Colliers report.
Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.
Vladimir Kalinov, Vice President of Retail at Raiffeisen Bank Romania, is concluding his mandate to pursue other professional opportunities.
Tech giant Microsoft announced the expansion of its European Digital Commitments with comprehensive Microsoft sovereign cloud solutions.