EU approves €150 million Romanian electricity storage scheme
The European Commission (EC) has approved a €150 million Romanian scheme to support electricity storage, contributing to the transition towards a net-zero economy.
The European Commission (EC) has approved a €150 million Romanian scheme to support electricity storage, contributing to the transition towards a net-zero economy.
Alive Capital will return to full ownership of founder Giacomo Billi following the transfer of Premier Energy's majority stake to Omnia Capital, Billi's investment holding.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.
Romanian engineering group Simtel Team has reported a 68% year-on-year surge in preliminary consolidated operating revenue for 2025, reaching RON 605.7 million (€121.7 million).
Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
AJ Brand, the Romanian developer of renewable energy projects, has completed the acquisition of the Gebeleizis 6.4 MW operational solar photovoltaic project from Eximprod.
The European Investment Bank (EIB) is committing €34 million for solar power expansion in Romania.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
State-owned hydroelectricity producer Hidroelectrica has published its preliminary operational results for 2025.
Asset management platform Metawealth is entering Romania's battery energy storage system (BESS) market with grid-scale storage projects worth €110 million.
PPC Renewables Romania has increased its installed capacity to over 1.5 GW, following additions of approximately 200 MW in 2025.
Law firm Kinstellar has assisted renewable energy developer Big Mega Renewable Energy on approximately €100 million project financing with a syndicate of lenders for the construction and operation of the Văcăreni wind farm located in Tulcea County, Romania.
State-owned power producer Hidroelectrica has convened an Extraordinary General Meeting of Shareholders (EGMS) for 27 January 2026 to approve a strategic partnership with EDF.
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.
Demand for industrial and logistics spaces in Europe, including Romania, is set to increase significantly in the coming years, driven by investments in defence, green energy, critical materials for the technology sector, and life sciences, according to a report by Cushman & Wakefield.
E.ON Energie Romania has seen significant growth in its energy solutions segment, exceeding 100,000 customers.
Romanian engineering group Simtel Team has announced the acquisition of SMTL Solar Bughea, a company previously owned by Sergiu-Eugen Bazarciuc, one of the key shareholders of Simtel, for RON 32.2 million (€6.5 million)
The PV power plants provide partner companies with a degree of energy independence and help protect the environment by reducing CO2 emissions by more than 3,200 tons per year.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.

Romania's Ministry of Finance has raised approximately €4.7 billion from international financial markets through the country's first external bond issuance of 2026.
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.
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%.