The transaction was closed in October 2024, coinciding with the completion of the previously announced sale by Renovatio of 50% of the shares of Electrocentrale Borzești.
More and more Casa Verde beneficiaries want to install photovoltaic systems to have zero energy consumption, not just to cover the minimum daily consumption.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
The Technology and Innovation Division will focus on deploying advanced AI-based systems for ESG management, streamlined operations, and data-driven decision-making.
The renewable energy generated, which could power around 73,000 households annually, will help avoid almost 63,000 tonnes of CO2 emissions.
To execute these projects, the two companies intend to utilize their own financial resources, bank financing, and European funds.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
PPC Group was named one of the "Most Honored Companies", an exclusive title awarded to just 33 out of 332 evaluated companies in Emerging EMEA region, placing PPC in the top 10%.
MOL has also signed a Memorandum of Understanding with SOCAR to evaluate further potential cooperation opportunities in the area of hydrocarbon exploration in Azerbaijan.
New report finds $115 trillion in power-sector investment needed for net-zero goals and guides energy providers on how to drive an equitable transition for consumers and themselves.
The new photovoltaic park will generate a significant amount of green energy annually, reducing the carbon footprint and diversifying the energy sources available in the market.
The network in the area will be extended by more than 32 km for the medium-voltage segment and by another 8 km for the low-voltage segment .
The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.
The project brings to the forefront state-of-the-art solutions for increasing energy efficiency in buildings through a series of events organized in six Romanian cities.
MOL produces 1,600 tonnes of green hydrogen per year using electricity from renewable sources.
With this strategic investment, the company reduces its CO2 emissions by 150 tons annually.
Premier Energy Group maintained a highly liquid financial position, with approximately €109 million in net working capital and cash balance as of the end of the first half of 2024.
The project is adjacent to another solar plant that Nofar Energy has previously bought from the same seller.
The purchase of modern equipment will significantly contribute to increasing protection against overloads and short circuits.
The company Rețele Electrice Muntenia, has launched, the procedure for the acquisition of works worth RON 45.8 million, the beneficiary being the operator Rețele Electrice Banat.
As anticipated, the Group's adjusted EBITDA of approximately €4.9 billion for the first six months of 2024 was below the high level recorded in the previous year.
The financial results were influenced by the planned shutdown of the Petromidia refinery, between March and May 2024.
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
The acquisition marks Entek's entry into the Romanian energy market, with a transaction value of approximately €32.9 million, subject to closing adjustments.
The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.