Romania Archives - Page 21 of 28 - On-the-Ground CBAM Execution in Serbia

Romania sees rise in electricity consumption amid drop in domestic production Read More »

Romania sees rise in electricity consumption amid drop in domestic production

Electricity consumption in Romania increased in the first quarter of 2025, according to data released by the National Institute for Statistics (INS). Total electricity consumption reached 13.08 TWh, marking a 1.3 percent rise compared to the same period in 2024. Industrial electricity consumption amounted to 9.82 TWh, a slight increase of 0.2 percent year-on-year. Household […]

Romania: Transelectrica posts 52% net profit increase in Q1 2025 driven by higher regulated tariffs and energy volumes Read More »

Romania: Transelectrica posts 52% net profit increase in Q1 2025 driven by higher regulated tariffs and energy volumes

Romanian electricity transmission system operator Transelectrica reported a net profit of approximately 32 million euros in the first quarter of 2025, marking a 52 percent increase compared to the same period last year. The segment related to activities generating allowed profit recorded a positive result of about 26 million euros in Q1 2025, up from

Romania: Hidroelectrica reports significant profit decline amid severe hydrological drought in Q1 2025 Read More »

Romania: Hidroelectrica reports significant profit decline amid severe hydrological drought in Q1 2025

Hidroelectrica reported a net profit of about 119 million euros for the first quarter of 2025, which represents a significant decrease of 56 percent compared to the same period last year. Although the company exceeded budget forecasts in both operational and financial terms, the results were weaker than those recorded in the first quarter of

Romania: Alerion Clean Power secures €18.5 million loan for 35 MW solar plant Read More »

Romania: Alerion Clean Power secures €18.5 million loan for 35 MW solar plant

Italian renewable energy company Alerion Clean Power has obtained €18.5 million in financing from Banca Comerciala Romana (BCR) to support the construction of a new photovoltaic plant in Călărași County, Romania. The facility will have an installed capacity of 35 MW and represents a total investment of €26.8 million. The loan is scheduled to mature

Romania: Court rules in favor of Neptun Deep gas project, rejecting Greenpeace lawsuit Read More »

Romania: Court rules in favor of Neptun Deep gas project, rejecting Greenpeace lawsuit

The Neptun Deep gas project, developed by OMV Petrom and Romgaz, is progressing despite legal challenges from the environmental NGO Greenpeace, according to Romanian Energy Minister Sebastian Burduja. The Bucharest Court recently ruled in favor of the project developers, dismissing Greenpeace’s lawsuit and ordering the NGO to pay compensation to Romgaz and OMV Petrom. Minister

Romania: Yesilyurt Enerji to acquire 41 MW solar project in as part of European expansion Read More »

Romania: Yesilyurt Enerji to acquire 41 MW solar project in as part of European expansion

Turkish company Yesilyurt Enerji is set to acquire a 41 MW solar project in Dâmbovița County, southern Romania. The project has reached the “ready-to-build” phase, meaning that construction can begin as all necessary permits have been secured. Founded in 2010, Yesilyurt Enerji began producing electricity in 2013 with the construction of a gas-fired power plant

Romania: Alive Capital develops 23 MW solar power plant with energy storage component Read More »

Romania: Alive Capital develops 23 MW solar power plant with energy storage component

Since 2013, the Romanian company Alive Capital has been providing integrated management services to renewable energy producers. Recently, the company completed the development of a solar power plant with an installed capacity of 23 MW, supported by funding from the National Recovery and Resilience Plan (PNRR). The Da Vinci New Project, located in Nanov, Teleorman

Romania: Hidroelectrica launches first solar project at hydropower plants on Olt River Read More »

Romania: Hidroelectrica launches first solar project at hydropower plants on Olt River

Romanian electricity producer Hidroelectrica has signed a contract to fully implement a solar energy project at its hydropower plants (HPPs) along the middle and lower Olt River. This marks the company’s first foray into solar energy and represents a key step in diversifying its renewable energy portfolio. The project aims to capitalize on the solar

Romania: ENEVO Group to build largest solar power plant in Arad Region Read More »

Romania: ENEVO Group to build largest solar power plant in Arad Region

ENEVO Group has been appointed as the general contractor for the Helios Arad solar power plant, an ambitious renewable energy project with a planned installed capacity of 85 MW—making it the largest solar facility in the region. The project is financed by Unigea Solar Projects Romania, a subsidiary of the German-based Unigea Group. Under the

Romania: OMV confirms Neptun Deep gas production to begin in 2027, boosting EU energy security Read More »

Romania: OMV confirms Neptun Deep gas production to begin in 2027, boosting EU energy security

Austrian energy group OMV announced that gas production from Romania’s Black Sea Neptun Deep project is set to start in 2027, marking a major step forward for European energy independence. The €4 billion venture is being developed jointly by OMV’s Romanian arm, OMV Petrom, and state-owned gas producer Romgaz, with both holding equal 50% stakes.