Energy | 24 March, 2025 at 10:00 AM
Simtel secures 10-year PPA for 736 GWh of electricity
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Swiss energy player MET Group has purchased a ready-to-build (RTB) photovoltaic park in Răscăeți (Dâmbovița County), from Kraftfeld.
Renewable EPC by Allview, the renewable energy division of Visual Fan, has signed a new contract for the design and execution of a photovoltaic park in Resița.
NEPI Rockcastle, the largest owner of shopping centers in Romania, aims to cover its electricity consumption exclusively from renewable sources by the end of 2026.
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 country's energy landscape has shifted considerably since 2022, following the conflict in Ukraine.
The company plans to expand its portfolio through both greenfield projects and co-development opportunities.
The US, China, and Germany retain the top three spots in the Renewable Energy Country Attractiveness Index due to strong policy support
Advising MORE in its first transaction on the local market, Clifford Chance Badea lawyers assisted the client in structuring and negotiating the related transaction documents.
Bulgaria, Croatia, Greece, Romania, Serbia and Slovenia already comply with the EU's 2030 target for 15% grid interconnection compared to installed power.
Romanian employees are among the least likely to use artificial intelligence at work, with only 44% reporting AI usage in the past year compared to a global average of 57%, according to a PwC survey.
Samsung Electronics has announced the appointment of Jaesung (James) Kim as President of Samsung Electronics Romania and Bulgaria (SEROM).
Romania's economy grew 0.8% on the gross series and 1.4% on the seasonally adjusted series in the first nine months of 2025 compared to the same period in 2024.
Nearly half of Romanians would invest in battery storage systems for green energy if they received government subsidies, according to a study conducted for despre-energie.ro, a project by E.ON and Delgaz Grid companies.
Vastint Romania has announced the opening of Saint Roastery Botanica urban café in Business Garden Bucharest.