With an installed capacity of approximately 710 MW, the photovoltaic parks acquired by OMV Petrom are among the most important projects of this type in South-Eastern Europe.
The 23 wind turbines will be located on land plots in the localities of Deleni, Costești, Bogdănești, while the interconnection transformer station will be located in Banca.
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.
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 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.
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 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.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
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.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.