Romania’s largest energy company, OMV Petrom, has signed contracts with the state-owned energy company CE Oltenia for the development of four large-scale solar parks with a total installed capacity of around 550 megawatts. These photovoltaic facilities will be constructed on CE Oltenia’s land in Gorj and Dolj counties and are expected to supply electricity to […]
Romania: ENTSO-E flags planned gas projects as economically unviable by 2035 Read More »
Romania’s plans to build 2.15 GW of combined cycle gas turbine (CCGT) capacity face serious doubts over economic viability and long-term utility, according to the European Resource Adequacy Assessment 2024 (ERAA 2024) published by ENTSO-E, the association of Europe’s transmission system operators. The ERAA 2024 warns that if the new gas plants are constructed, they
Engie Romania acquires 54 MW wind project as part of 1 GW renewable goal Read More »
Engie Romania has acquired a fully permitted, ready-to-build 54 MW wind power project in Mereni, Constanța County, furthering its goal of reaching 1 GW of renewable energy capacity by 2030. Construction of the Mereni wind farm is set to begin later this year, with operations expected to commence in 2027. Once operational, the facility is
Romania commissions largest PNRR-backed solar power plant in Teiuș Read More »
ENEVO Group has successfully completed and commissioned a large-scale solar power facility in Teiuș, Alba County, on behalf of Danish investor Eurowind Energy. With a total installed capacity of 68.99 MW, the plant is expected to generate over 103 GWh of green electricity annually—enough to supply more than 25,000 Romanian households. A key feature of
Romania: Hidroelectrica launches first energy storage project at Crucea Nord wind farm Read More »
Romanian electricity producer Hidroelectrica has signed a contract with Prime Batteries Technology and Enevo Group to install a Li-ion battery storage system at the Crucea Nord wind farm. The €16 million project (excluding VAT) will deliver a 36 MW / 72 MWh storage facility aimed at improving wind farm efficiency, providing balancing services to Romania’s
Romania: OMV Petrom and Romgaz advance Neptun Deep project with new exploration well Read More »
OMV Petrom and Romgaz, partners in the Neptun Deep offshore gas project, are preparing to drill a new exploration well as part of their concession agreement commitments. The companies have identified two potential drilling locations, both of which will undergo permitting, though only one site will ultimately be selected for operations. The exploration activity represents
Romania: ENNA Solar expands into romanian market with major solar project acquisition Read More »
Croatia’s ENNA Solar, part of the ENNA Group, has signed an agreement with Austria’s Kraftfeld Energy to acquire a ready-to-build solar project in Romania. The deal includes full ownership of special purpose vehicle PVP Cepheus, which developed the project in Giurgiu county. The 87.5 MW solar plant will be constructed in Mihăilești, approximately 25 km
Romania: Nofar Energy finalizes major contract for 265 MW solar power plant Read More »
Nofar Energy has secured a comprehensive contract for a 265 MW solar power plant in Corbii Mari, Dambovita County, just west of Bucharest. The contract covers all phases of the project, from engineering to long-term operations and maintenance. This large-scale development is one of the biggest solar projects in Romania. The project will be developed
Banca Transilvania is extending €28 million in financial support to Simtel, a leading Romanian renewable energy company, to complete the development of a solar power plant in Giurgiu. The funding package includes a €16 million investment loan and a €12 million bridge loan, enabling Simtel to finalize the project, which is currently about 80% complete.
Romania: Eximprod Group completes 50 MW solar power plant in Prahova Read More »
Eximprod Group has successfully completed the construction of a 50 MW solar power plant in Ciorani, located in Romania’s Prahova County, marking a major milestone in the country’s renewable energy efforts. With an installed capacity of 49.5 MW, the solar facility is now undergoing final commissioning procedures and is in the process of being connected
