Energy | 19 March, 2025 at 10:29 PM
Resi PV systems gain ground as power prices expected to grow in Romania
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap.
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.
More and more people want to get rid of bills and be energy independent as demand for solar panels has tripled.
Romania has the capacity and all the resources to make the transition to renewable energy as quickly as possible and to become a 100% green country.
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
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
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.