Romania

Romania: EBRD to support the expansion of Photon Energy’s solar portfolio with 15 million euros Read More »

Romania: EBRD to support the expansion of Photon Energy’s solar portfolio with 15 million euros

  The European Bank for Reconstruction and Development (EBRD) is lending 15 million euros to Photon Energy, a regional renewable energy producer, to support its activity in Romania and Poland. The EBRD’s investment will enable Photon to complete the construction of a portfolio of six solar parks in Romaniawith a total installed capacity of 29 MW. This, in

Romania: Rompetrol Rafinare restarted production at the Petromidia refinery Read More »

Romania: Rompetrol Rafinare restarted production at the Petromidia refinery

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the process of restarting the production facilities at the Petromidia Navodari refinery after the timely completion of the maintenance, recertification, and modernization of the units. The installations will enter the production flow in stages, reaching optimal capacity in the shortest possible time. Thus, the company has

Romania: Chinese companies exit solar tender after EU probe Read More »

Romania: Chinese companies exit solar tender after EU probe

Two Chinese solar panel manufacturers have withdrawn from a public procurement tender in Romania after the EU launched a foreign subsidy probe. The European Commission started an investigation in April into two consortiums suspected of receiving subsidies that Brussels feared would undercut rivals in Europe.  After the Chinese-owned firms withdrew their bid, the commission said it would

Ukraine plans record electricity imports after Russian attacks Read More »

Ukraine plans record electricity imports after Russian attacks

Russian strikes have wreaked havoc on Ukraine’s power sector, prompting unprecedented imports. Ukraine will source power from Romania, Slovakia, Poland, Hungary, and Moldova.  Ukraine plans to import record amounts of electricity from its neighboring countries after sustaining critical energy infrastructure damage from targeted Russian attacks, the country’s energy minister said on Monday.  The Ukrainian Ministry of Energy

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