PPC Group and Metlen will establish a 50-50 joint venture for developing, constructing and operating Battery Energy Storage System (BESS) projects of up to 1,500 MW / 3,000 MWh.
PPC Blue, part of the PPC Group in Romania, has reached over 1,100 charging points this year, doubling its network from the previous year. More than half of these are fast and ultra-fast charging stations, making it one of Romania's most extensive electric vehicle charging networks.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
PPC Blue, the electric mobility division of the PPC Group in Romania, has acquired the Hermes Flow network with 116 charging points to expand its national infrastructure.
PPC Group has strengthened its renewable energy presence in Romania with a new 130 MW photovoltaic plant in Călugăreni, located 40 km south of Bucharest, which was recently connected to the grid.
Rețele Electrice Romania, part of the PPC group in Romania, has completed the modernisation of the 110/20kV IRUM substation in Deva.
PPC Renewables Romania has installed the first turbines at what will be the largest wind farm in the Moldova region, marking a new phase in the project's construction.
The new control room is adapted to handle a larger volume of installations in efficient conditions.
The Group's management updates the Strategic Plan targets for the period 2025-2027.
Validation of near-term and long-term science-based greenhouse gas emission reduction targets to reach net-zero by 2040.
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%.
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 .
PPC is among the leading companies in the Greek market, according to the "ESG Transparency Methodology", with respect to the metrics outlined in the “ATHEX ESG Reporting Guide".
The value of the tender is RON 41.8 million, and the beneficiary of the work is the company Rețele Electrice Dobrogea.
The modernization of the North Power Station involved the complete consolidation of the building and the replacement of electro energetic equipment.
The current conflict in Iran may only have a marginal impact on the global economy, according to an opinion by stock exchange broker Investimental.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.
The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.
Romania continues to lag significantly behind the European average regarding the modernisation of its rail infrastructure.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.