Energy | 24 March, 2025 at 10:00 AM
Simtel secures 10-year PPA for 736 GWh of electricity
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Simtel Team announces the signing of three contracts for the energy supply through GES Furnizare SRL (GES), an entity in which Simtel holds a 62% stake.
Eleven programmes financed through the second Swiss Contribution, with a total value of around CHF 221.5 million (€240 million), are now in implementation in Romania.
The Romanian Government has adopted a financing instrument worth RON 5.313 billion (€1 billion) to develop production capacities in Romania.
Enery has inaugurated the Titu solar park, a 54 MW photovoltaic plant in Dâmbovița County.
Romania registered the highest annual inflation rate in the bloc for May 2026, reaching 9.7%, according to Eurostat.
OMV Petrom concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) to be produced at the Petrobrazi refinery.