Romania's national electricity transmission company Transelectrica is managing €51.7 million in funding from the National Recovery and Resilience Plan's (PNRR) REPowerEU component.
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.
Mass Global Energy Rom has announced a new strategic investment of approximately €1 billion in Battery Energy Storage System (BESS) capacities.
Local green energy developer Monsson and battery maker Prime Batteries have signed a memorandum of cooperation for the supply of 1,070 MWh of batteries.
Greenvolt Next, part of the Greenvolt Group, has completed a new photovoltaic power plant.
Romanian engineering and green energy group Simtel Team has announced the signing of a significant contract valued at €43 million (excluding VAT) with Hepa Energy, owned by a lead company from Israel.
Romanian public engineering company Simtel Team has announced the signing of a significant EPC contract with a subsidiary of MOGAN Bucharest.
Romania engineering group Simtel, specialized in the renewable energy field, plans to launch as early as next week its first corporate bond sale.
The projects covered by this agreement are already under construction and are expected to be completed in the first quarter of 2026.
The development of BESS depends on market maturity and regulatory stability. In some countries, frequent regulatory changes and grid access barriers hinder progress
Eltra Logis' decision to change its business focus to the pharmaceutical industry was driven by major challenges in the textile sector in Romania.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).