Romania

Romania: DEER launches largest smart meter program, aiming for 1.1 million installations Read More »

Romania: DEER launches largest smart meter program, aiming for 1.1 million installations

Distributie Energie Electrica Romania (DEER) has announced the largest procurement and installation program in the company’s history, committing to deploy 1.1 million smart meters across its service territory. This ambitious investment aims to accelerate the modernization of Romania’s electricity distribution network and support the broader transition to a fully digital energy system. The initiative is […]

Romania: Wind CfD auction signals strong investor confidence and cost efficiency Read More »

Romania: Wind CfD auction signals strong investor confidence and cost efficiency

Romania’s latest Contracts for Difference (CfD) auction for wind projects delivered prices significantly below the ceiling set by national authorities, reflecting strong investor confidence and a growing pool of competitive, mature projects. The Ministry of Energy had targeted at least 290 MW for this round, but nearly 316 MW ultimately secured contracts, reinforcing momentum in

OX2 Romania expands wind portfolio with acquisition of 235 MW projects Read More »

OX2 Romania expands wind portfolio with acquisition of 235 MW projects

OX2 Romania, the local subsidiary of Swedish OX2 Group, has acquired three new wind projects totaling 235 MW from Future Power, further expanding its footprint in Romania’s rapidly growing renewable energy sector. The new sites are located in the Vaslui and Vrancea counties, bringing OX2’s Romanian portfolio to over 1.1 GW. The company now manages

Romania considers amendments to Oil Law, potentially stripping Lukoil of trident offshore concession Read More »

Romania considers amendments to Oil Law, potentially stripping Lukoil of trident offshore concession

Romanian authorities are reviewing major amendments to the Oil Law that could remove Lukoil’s dominant position in the Trident offshore concession in the Black Sea. Local media report that the government is evaluating options to either return the concession to state ownership or transfer operational control to Romgaz, which currently holds a 12.5% minority stake.

Romania: Econergy renewable energy secures €40.5 million financing for Oradea solar power plant expansion Read More »

Romania: Econergy renewable energy secures €40.5 million financing for Oradea solar power plant expansion

Econergy Renewable Energy has secured €40.5 million in project financing from UniCredit Bank to support operations at its Oradea solar power plant in northwestern Romania. Part of the funding will be used to refinance existing debt from the plant’s construction phase. The 87 MW solar facility, located in the Crisana region, has been fully operational

Romania: Partial shutdown at Brazi gas plant due to water supply issues Read More »

Romania: Partial shutdown at Brazi gas plant due to water supply issues

Operations at the Brazi combined-cycle gas power plant were partially suspended on 2 December after two generating units, totaling 569 MW, were taken offline around midday. The plant, operated by OMV Petrom, is experiencing technical issues related to the supply of process water, which is critical for its operation. A third unit, with a capacity

Romania breaks ground on 96 MW Ansthall wind farm, securing power for 89,000 homes Read More »

Romania breaks ground on 96 MW Ansthall wind farm, securing power for 89,000 homes

Construction is underway on a new 96 MW wind farm in eastern Romania, marking another milestone in the country’s accelerating shift toward renewable energy. The Ansthall wind farm, located in Galați County, is expected to produce around 309 GWh of electricity annually, enough to power approximately 89,000 households. The project will feature 15 Vestas turbines

Romania secures €192 million EBRD package for 531 MW of new solar capacity Read More »

Romania secures €192 million EBRD package for 531 MW of new solar capacity

Romania’s renewable energy sector is poised for a significant expansion following a new financing agreement coordinated by the European Bank for Reconstruction and Development (EBRD). The Bank has arranged a €192 million loan package to support the development of three large-scale solar power plants with a combined installed capacity of 531 MW. The projects are

Romania: Three international bidders show interest in acquiring Lukoil assets Read More »

Romania: Three international bidders show interest in acquiring Lukoil assets

Three prospective buyers from Romania, the European Union and the United States have expressed interest in acquiring Lukoil’s Romanian assets, which include the Petrotel refinery, a nationwide fuel distribution network and an offshore exploration block. Energy Minister Bogdan Ivan confirmed the developments, noting that some bidders are pursuing a broader, global acquisition of Lukoil’s international

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