Romania

Romania: Romgaz posts strong nine-month results with 73% profit surge Read More »

Romania: Romgaz posts strong nine-month results with 73% profit surge

Romanian natural gas producer Romgaz reported consolidated earnings of 480 million euros for the January–September 2025 period, an increase of 7 percent compared with the same interval in 2024. The third quarter was particularly strong. Net profit for the first nine months of 2025 climbed to 151 million euros, marking a 73 percent year-on-year increase. […]

Romania: New 130 MW PPC solar power plant near Bucharest now fully operational Read More »

Romania: New 130 MW PPC solar power plant near Bucharest now fully operational

PPC Group has commissioned a new 130 MW solar power plant in Romania, located in the Călugăreni area approximately 40 kilometers south of Bucharest. The facility was recently connected to the national grid and is now fully operational. The plant is expected to produce more than 193 GWh of electricity annually, enough to supply over

Romania: Electricity consumption slightly down, production falls 6% in 2025 Read More »

Romania: Electricity consumption slightly down, production falls 6% in 2025

According to data published by Romania’s National Institute for Statistics (INS), electricity consumption in the first nine months of 2025 reached 37.25 TWh, marking a slight decrease of 0.4 percent compared to the same period in 2024. Industrial consumption amounted to 28.09 TWh, down 1 percent year-on-year, while household consumption rose by 1.8 percent to

Romania expands renewables with Eximprod’s new 38.4 MW Cudalbi 2 wind project Read More »

Romania expands renewables with Eximprod’s new 38.4 MW Cudalbi 2 wind project

Eximprod has commissioned the Cudalbi 2 wind farm, a 38.4 MW facility that ranks among the most advanced renewable energy projects in southeastern Romania. The installation can produce more than 106,000 MWh of clean electricity annually, enough to supply over 40,000 households. Gheorghe Manole, co-founder of Eximprod Group, said the project demonstrates the ability of

Romania: No extension on U.S. sanctions as government moves to secure petrotel operations Read More »

Romania: No extension on U.S. sanctions as government moves to secure petrotel operations

Romania will fully comply with the international sanctions imposed on Lukoil and will not request an extension beyond the 21 November deadline set by U.S. authorities. Energy Minister Bogdan Ivan said that the Government is working intensively on a legal mechanism that will ensure both adherence to the sanctions regime and the continued operation of

Region: Romania, Greece sign MoU to boost LNG supply and regional energy integration Read More »

Region: Romania, Greece sign MoU to boost LNG supply and regional energy integration

At the Partnership for Transatlantic Energy Cooperation 2025 (P-TEC 2025) forum in Athens, Romanian Nova Power & Gas, Transgaz, and Greek Atlantic-See LNG Trade signed a memorandum of understanding to enhance cooperation on liquefied natural gas (LNG) supply and regional energy diversification. The agreement aims to establish joint procurement mechanisms that will reduce reliance on

Romania: Day-ahead power prices surge 36% year-on-year in October 2025 Read More »

Romania: Day-ahead power prices surge 36% year-on-year in October 2025

The average day-ahead electricity price on Romania’s OPCOM energy exchange rose to 121.9 EUR/MWh in October 2025, marking a 35.9 % increase year-on-year and 25.6 % higher than in September (97.05 EUR/MWh). Trading activity reached 1.47 million MWh, down 3.5 % from October 2024 but up 26.3 % month-on-month. The average hourly traded volume was

Romania: Parapet and Alerion sign seven new solar projects totaling 80 MW Read More »

Romania: Parapet and Alerion sign seven new solar projects totaling 80 MW

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian renewables developer Alerion, expanding their long-term partnership with projects totaling nearly 80.8 MW across Romania and Italy. Construction will take place in Romania’s Teleorman and Călărași counties and in Italy’s Puglia and Tuscany regions, with most installations expected to be completed by

Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project Read More »

Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to support its 56 MW Scurtu Mare solar power plant located in Teleorman County, southern Romania. The new financing facility will be used to partly refinance shareholder and bridge loans originally provided by Phoenix Group and

Romania: Hidroelectrica exceeds one million customers, driving renewable energy transformation Read More »

Romania: Hidroelectrica exceeds one million customers, driving renewable energy transformation

Electricity producer Hidroelectrica has exceeded one million household and business customers on Romania’s retail electricity market, marking a significant milestone in the company’s growth and diversification. Since entering the retail supply sector in 2020, Hidroelectrica has rapidly established itself as one of the country’s most trusted and influential energy providers. The company’s success reflects the

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