News

ČEZ overcomes green certificate allocation suspension

Published

May 13, 2015

Comments

comments icon

0

Share

Published:

May 13, 2015

Comments:

comments icon

0

Share

Czech energy group ČEZ’ operating profit in Romania stagnated in the first quarter of 2015 at EUR 29.2 million, compared to the same period last year, EnergyWorld magazine reported. The increase in energy production has offset the negative effect of suspending green certificate allocation for the Cogealac wind farm.

ČEZ owns the Fântânele wind park, with an installed capacity of 347,5 MW, the Cogealac park (252,5 MW) and a series of micro hydropower plants with a total capacity of 18 MW.

The Czech group posted a profit of EUR 7.3 million in Romania in the first quarter, calculated before interest, taxes, depreciation and amortization (ebitda). It was similar to the result from the first three month of last year.

Related Articles

windeurope tubine offshore wind port ships

WindEurope: EU must boost investment in ports, ships to meet offshore wind targets

05 August 2025 - In the past three years, EUR 6.7 billion has been invested in ports and new vessels, but a further EUR 6.4 billion is needed, WindEurope says.

Bulgaria NEK offering guarantees of origin on IBEX

Bulgaria’s NEK to launch offering of guarantees of origin on IBEX

05 August 2025 - State-controlled hydropower plant operator NEK said it would launch auctions for gurarantees of origin in Bulgaria, providing liquidity in the market segment

Bulgaria on track to add 1 5 GW of solar power by mid 2026

Bulgaria on track to add 1.5 GW of solar power by mid-2026

05 August 2025 - The pace of large photovoltaic projects in Bulgaria indicates that total capacity can reach 6 GW by the middle of next year

First desulfurization system test completed at TENT B

First desulfurization system test completed at coal plant in Serbia

05 August 2025 - Construction work on the desulphurisation plant at the Nikola Tesla B (TENT B) coal plant near Obrenovac has been completed and testing is underway