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.
The development of BESS depends on market maturity and regulatory stability. In some countries, frequent regulatory changes and grid access barriers hinder progress
Together, the two facilities will have an installed capacity of more than 2.8 MWp, generating more than 3 GW/h per year.
Recently, Romanians want homes with high curtain walls, which imitate glass buildings, to offer a generous glazed space that maximizes natural light.
Nokian Tyres new passenger car tire factory in Oradea, Romania will operate entirely without fossil fuels
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
The wind turbine installed by Eurowind Energy is the first of a total of 8 Siemens Gamesa SG 6.6-170 turbines, the largest type of wind turbine generator in Romania.
DN AGRAR will supply the raw material for biomethane production through a long-term contract to ensure sustainability and BSOG Energy will develop the facility.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
The renewable energy generated, which could power around 73,000 households annually, will help avoid almost 63,000 tonnes of CO2 emissions.
To execute these projects, the two companies intend to utilize their own financial resources, bank financing, and European funds.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
The project brings energy cost savings of more than €200 000 per year, and CO2 emissions will be reduced by 351 tons per year and radioactive waste by about 3.3 kg per year.
The electricity that powers the buildings owned by Genesis Property is also provided by the own production generated by the 1,080 photovoltaic panels installed on the roofs.
Construction of the project began in May 2024 and is planned to be completed by the end of 2025.
The agreement represents another important step in the development of a photovoltaic park with an installed capacity of 500 MW to be located in Șimand, Arad County.
Restart Energy has so far completed more than 120 PV projects and more than 50 MW installed with the help of which 13,209 kg of CO2 emissions have been avoided.
Restart Energy has so far completed more than 120 PV projects, which have the capacity to produce 20.54 GW and with the help of which 13,209 kg of CO2 emissions have been avoided.
Several of Romania's largest financial institutions have issued official statements to the Bucharest Stock Exchange (BVB).
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.
Meta Estate Trust has announced the development of a new commercial asset in Vânători commune, Galați County, based on a 15-year lease agreement with Penny, part of the German Rewe group.
Delgaz Grid, E.ON's distribution company in Romania, invested over €241 million in natural gas and electricity distribution networks last year.
Romania's National Bank (BNR) board decided to maintain the monetary policy interest rate at 6.50% per year during Tuesday's meeting.