Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).
Nova Power & Gas, a local energy company part of the E-INFRA group, has confirmed its investment in the largest battery energy storage facility in Romania.
Romania has a potential market value of over €1 billion in investments for storage capacities in the coming years alone, based on announced projects and upcoming tenders.
Sinteza, the Romanian producer of synthetic chemical substances, has decided to discontinue the implementation of its energy storage investment project.
CEOs are more confident in their own companies' prospects than they are in the outlook for the global economy, according to the latest EY-Parthenon CEO Outlook Survey, a quarterly survey of 1,200 global CEOs across 21 countries.
Government debt as a share of GDP rose in Q3 in both the eurozone to 88.5% from 88.2% in Q2, and in the European Union to 82.1% from 81.9%, according to data published by Eurostat.