Simtel secures €16 million investment loan for solar park
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Nofar Energy, a renewable energy investor listed on the Tel Aviv Stock Exchange, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari.
Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.
Verbund Wind Power Romania, part of Austrian energy group Verbund, has acquired a fully developed wind project from local renewable energy producer Monsson.
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.
Symmetrica, a local manufacturer of vibrated pressed paving stones and kerbstones, is preparing to complete its new factory in Bolintin Vale.
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap.
Romania is making gains expanding its renewable energy capacity, recording an increase in the number of projects that are fully permitted for development.
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.
Greenvolt Next has signed a 10-year power purchase agreement (PPA) with Centrul Agro Transilvania Cluj to install and maintain a 550 kW photovoltaic system.
Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.
iO Partners has provided development management services for a 126 MW solar farm in Văcărești locality, Dâmbovița County.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.