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.
Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh.
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.
Visual Fan has signed a major contract worth approximately €9.2 million with Renovatio Trading.
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.
While there's significant interest in battery storage systems among Romanian prosumers, cost remains a major obstacle.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.
Romanian software company Arobs Transilvania Software has signed an agreement to acquire Quest Global Romania, the local unit of global engineering services provider Quest Global Engineering Services.
Russian oil major Lukoil has signed an agreement with US investment firm Carlyle for the sale of Lukoil International.
Enterprises across Europe and the Middle East have moved from AI pilots to scaled implementations, with nearly half of AI proof-of-concepts already in production.
Penny continues its national network expansion with the opening of a new store in Bacău. With this opening, the Penny network reaches 462 units nationwide.
In 2024, the average price of 1 hectare of arable land in the EU reached €15,224, reflecting a 6.1% increase from the previous year.