Business Forum
| 11 March, 2025 at 2:12 PM
MET Group buys ready-to-build PV project in Romania
Swiss energy player MET Group has purchased a ready-to-build (RTB) photovoltaic park in Răscăeți (Dâmbovița County), from Kraftfeld.
Swiss energy player MET Group has purchased a ready-to-build (RTB) photovoltaic park in Răscăeți (Dâmbovița County), from Kraftfeld.
Renewable EPC by Allview, the renewable energy division of Visual Fan, has signed a new contract for the design and execution of a photovoltaic park in Resița.
Greenvolt Next has signed a 10-year power purchase agreement (PPA) with Centrul Agro Transilvania Cluj to install and maintain a 550 kW photovoltaic system.
The contracts involve Expro's subsea landing string, SeaCure cementing technology, tubular running services and Coretrax Advance drilling tool.
The project involves the phased construction of nine wind farms distributed across northern Botoșani County, with a timeline for completion extending to approximately 2031.
The projects covered by this agreement are already under construction and are expected to be completed in the first quarter of 2026.
The PV power plants provide partner companies with a degree of energy independence and help protect the environment by reducing CO2 emissions by more than 3,200 tons per year.
EU to co-finance installation of 1,400 charging points in 13 European countries, including 430 for heavy-duty electric trucks.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The works included in the projects are focused on the maintenance of the electricity distribution network.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.
Starting in February, natural gas supply will be managed by Premier Energy SA, while NeoGas Grid will be responsible for the distribution of natural gas within the group.
Starting February 3rd, Retele Electrice Romania will relocate the customer care center in Bucharest, Calea Călărașilor nr. 250 to a new address: Str. Brazilia nr. 2-8.
The new control room is adapted to handle a larger volume of installations in efficient conditions.
Turning this barge into a floating terminal is a major step for Romania in strengthening energy independence and expanding regional infrastructure.
Romania continues the implementation of major projects, such as gas exploitation in Neptun Deep and Caragele, and the development of the Romanian civil nuclear program.
The president of the AEI believes that although crude oil prices in 2025 may remain at the price level of this period, the pump price will increase as a result of tax increase.
The revision to Romgaz's rating outlook follows the recent revision to Romania's sovereign rating outlook dated December 17, 2024.
The transaction, which is subject to necessary approvals is expected to close in the first half of 2025.
The distribution network was upgraded by replacing about 8.8 km of cables and more than 1,800 switchboards.
Galaxy VXL is compatible with both Lithium-ion and VRLA batteries, and with its Live Swap function.
The first research, Artificial Intelligence and Electricity: A System Dynamics Approach, examines four possible scenarios for AI's electricity consumption over the next decade.
The development of BESS depends on market maturity and regulatory stability. In some countries, frequent regulatory changes and grid access barriers hinder progress
Romania has officially joined the InvestEU Ukraine Export Credit Guarantee Facility, a joint initiative by the European Commission and the European Investment Fund (EIF).
The average net salary in Romania decreased by 2.5% to RON 5,508 (€1,109.91) in May, compared to April 2025, according to data from the National Institute of Statistics (INS).
The annual inflation rate in Romania rose to 5.7% in June 2025, up from 5.45% in May.
Romanian private healthcare network MedLife is investing €3 million in genetic testing and will launch a large-scale genetic testing program.
Romania's trade deficit rose by 16.4% in the first five months of this year compared to the same period last year, reaching €14.32 billion.