Romania

Romania emerges as Europe’s fastest-growing solar market despite EU-wide slowdown Read More »

Romania emerges as Europe’s fastest-growing solar market despite EU-wide slowdown

Romania has emerged as one of Europe’s most dynamic solar markets in 2025, recording a sharp acceleration in photovoltaic deployment over the course of the year. Around 2.5 GW of new solar capacity has been added, representing an increase of nearly 50% compared to last year’s installations. This expansion alone accounts for roughly one third […]

Romania: Electricity consumption and production decline in 2025 as solar output surges Read More »

Romania: Electricity consumption and production decline in 2025 as solar output surges

According to data published by the National Institute for Statistics (INS), electricity consumption in Romania during the first ten months of 2025 totaled 41.46 TWh, representing a 0.2% decline compared to the same period in 2024. The figures indicate a broadly stable demand profile, with notable differences across consumer categories. Industrial electricity consumption reached 31.35

Romania: Heliopolis launches 400 MW hybrid solar and storage project Read More »

Romania: Heliopolis launches 400 MW hybrid solar and storage project

Italian company Heliopolis, headquartered in Milan with branches in Timisoara and Bucharest, has announced a large-scale hybrid renewable energy project in southeastern Romania, featuring over 400 MW of solar capacity and nearly 1,000 MWh of battery storage. The development, located in Calarasi county, is considered one of Romania’s most significant integrated solar-and-storage initiatives. Heliopolis confirmed

Romania grants OMV Petrom and Romgaz two-year extension for Neptun Deep exploration Read More »

Romania grants OMV Petrom and Romgaz two-year extension for Neptun Deep exploration

Romania has granted OMV Petrom and Romgaz a two-year extension for exploration activities in the Neptun Deep offshore block, moving the deadline to November 2027 while keeping the overall concession period unchanged through 2045. The extension allows the partners additional time to complete their exploration commitments, including a new deep-water drilling campaign. As part of

Romania: Premier Energy plans new gas-fired balancing plant to support renewables Read More »

Romania: Premier Energy plans new gas-fired balancing plant to support renewables

Premier Energy has announced plans to expand its flexible generation assets during its latest investor call. The company is preparing to build a 20 MW gas-fired cogeneration and balancing plant in Braila, while also assessing a second potential site elsewhere in Romania. The new facilities aim to support and stabilize Premier Energy’s growing renewable energy

Romania: OMV Petrom advances Neptun Deep exploration with new Anaconda-1 offshore well Read More »

Romania: OMV Petrom advances Neptun Deep exploration with new Anaconda-1 offshore well

OMV Petrom has launched the environmental approval process for a new offshore exploration well in the Neptun Deep block, aiming to determine whether additional gas deposits exist beyond the roughly 100 billion cubic meters already confirmed through earlier drilling at Pelican Sud and Domino. Together with state-owned Romgaz, OMV Petrom holds the concession for the

Romania: Day-ahead power prices fall sharply in November as market volumes decline Read More »

Romania: Day-ahead power prices fall sharply in November as market volumes decline

The average price of electricity on the Romanian day-ahead market (OPCOM) reached 121.48 euros/MWh in November 2025, a decrease of 27.71 % compared to the same month in 2024 and 0.35 % lower than in October, when the average baseload price was 121.9 euros/MWh. Traded volume totaled 1.28 million MWh, marking a 19.42 % drop

The coming consolidation — how M&A will reshape the wind market in Serbia, Romania, Croatia and Montenegro Read More »

The coming consolidation — how M&A will reshape the wind market in Serbia, Romania, Croatia and Montenegro

Every renewable market evolves through phases. The first is exploration, where early developers identify sites and navigate uncertain regulatory environments. The second is construction, marked by EPC competition, land acquisition, and turbine supply races. The third is operational optimization, where O&M strategies, availability guarantees, and energy trading determine project success. But the fourth phase—the one

Financing wind in Montenegro, Serbia, Croatia and Romania — why international lenders are returning to Southeast Europe Read More »

Financing wind in Montenegro, Serbia, Croatia and Romania — why international lenders are returning to Southeast Europe

The landscape of renewable finance in Southeast Europe has undergone a profound transformation. A decade ago, lenders viewed the region with a degree of caution, shaped by fluctuating regulatory frameworks, limited track records, and the perceived fragility of local institutions. Today, that caution is rapidly giving way to renewed engagement. International banks, development finance institutions,

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