Hidroelectrica reported a net profit of approximately 319 million euros for the first half of 2025, down 41 percent from around 541 million euros in the same period last year. The decline was driven by reduced in-house generation and a greater reliance on market purchases to meet delivery commitments. Severe hydrological conditions affected output early […]
Nuclearelectrica posted a net profit of around 174 million euros in the first half of 2025, marking a 2.8 percent increase compared to the same period last year. EBITDA edged down by 0.5 percent, mainly due to a sharp rise in the Contribution to the Energy Transition Fund (CFTE), which climbed by roughly 100 million
Romania: EBRD weighs €40 million financing for 190 MW of new solar capacity Read More »
The European Bank for Reconstruction and Development (EBRD) is considering providing up to 40 million euros in financing to support the development of three solar power plants in Romania with a combined planned capacity of 189.7 MW. The funding would go to local special purpose vehicles Solar World, RB Solar Energy, and Energie Soleil, which
Romania: DRI secures €60 million financing for 126 MW Vacaresti solar project Read More »
DRI, the European renewables division of Ukrainian DTEK, has secured non-recourse financing of up to 60 million euros from UniCredit and Garanti BBVA for the Vacaresti solar project in Dambovita County. The financing package includes a 56 million euro long-term construction and term loan, a 4.4 million euro VAT facility, a Debt Service Reserve Facility,
Romanian electricity producer Hidroelectrica has launched a 31.6 million euro tender for the Tudor Vladimirescu solar power plant in Braila County. The 45 MW project, dormant since 2012 due to the company’s insolvency, covers 55 hectares of Hidroelectrica-owned land near high-voltage corridors and substations, facilitating grid connection. The contract includes full delivery of the project:
Simtel Team has signed an Engineering, Procurement, and Construction (EPC) contract valued at over 19 million euros, excluding VAT, with Verbund Wind Power Romania, a subsidiary of the Verbund Group, one of Europe’s leading renewable energy producers. The contract covers the design, construction, and commissioning of a 60.207 MW solar power plant in Casimcea, Tulcea
Romania: Helleniq Renewables expands portfolio with 282 MW wind projects Read More »
Helleniq Renewables Romania, the local subsidiary of Greek company Helleniq Energy, has acquired two utility-scale projects as part of its strategy to strengthen its presence in Romania’s electricity sector. The acquisitions include a 96 MW ready-to-build wind farm in Galati county, purchased from OX2, which is expected to begin construction soon with commercial operations targeted
Romanian officials are investigating a suspected sabotage incident involving Azerbaijani crude oil destined for OMV Petrom’s Petrobrazi refinery. The crude, transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline through Azerbaijan, Georgia, and Turkey before shipment to Romania, was found to contain dangerously high levels of chlorine. This contamination posed a significant corrosion risk to refinery equipment and
Romania: OX2 sells 96 MW wind farm to Helleniq Renewables backed by long-term PPA Read More »
OX2 has agreed to sell a 96 MW onshore wind farm in eastern Romania to Helleniq Renewables, a subsidiary of Greek company Helleniq Energy. The project is backed by a long-term virtual power purchase agreement (PPA) with international retailer Ahold Delhaize. The wind farm will feature 15 Vestas turbines, each with a capacity of 6.4
In July 2025, the average electricity price on the day-ahead market of the Romanian energy exchange OPCOM was 103.5 euros/MWh. This represents a 28.69% decrease compared to July 2024, but a 20.16% increase compared to June 2025, when the average baseload price was 86.13 euros/MWh. The traded volume on the day-ahead market in July reached
