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November 14, 2018

Enel X Romania to install 2,500 charging stations for EVs over four years

Between 2019 and 2023, Enel X Romania will invest EUR 15-20 million in the installation of around 2,500 charging stations for electric vehicles (EVs) in every region of the country,…

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November 7, 2018

Hidroelectrica to invest EUR 1.19 billion over the next five years, to add 200 MW in renewables capacities

State-owned power utility Hidroelectrica plans to invest RON 5.56 billion (EUR 1.19 billion) over the next five years in the upgrades and maintenance of facilities, but also in acquisitions. Hidroelectrica’s…

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November 6, 2018

Romania’s Bacau to modernize street lighting with EUR 11 million loan

The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) are providing a EUR 11 million loan to the Romanian city of Bacau to modernize…

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October 30, 2018

Association urges Romania to tap into onshore wind rather than invest in conventional power

Romania should harness onshore wind to meet growing demand for electricity instead of investing in conventional power, WindEurope CEO Giles Dickson told the annual meeting of the Romanian Wind Energy…

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October 29, 2018

Italy’s PLC to acquire 51% of Romania’s Monsson Operation

Italian clean energy group PLC and Romanian renewable energy company Monsson Operation have entered into a strategic partnership, in what will result in PLC becoming the owner of a 51%…

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October 25, 2018

Hidroelectrica, Verbund sign memorandum of cooperation

The largest electricity producers in Romania and Austria, Hidroelectrica and Verbund, have signed a memorandum of cooperation, Hidroelectrica said on its website. In the memorandum, the parties express their intention…

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October 3, 2018

EU funds minister inks EUR 593.2 million financing contract for regional water, wastewater project

Romania’s Minister of European Funds Rovana Plumb has recently signed a financing contract worth around EUR 593.2 million for a regional project to develop drinking water, sewerage, and wastewater infrastructure…

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October 1, 2018

EDP Renewables opens energy storage for Cobadin wind farm

Renewable energy company EDP Renewables (EDPR) has opened a pioneering facility for the battery-based storage of wind energy produced at its Cobadin wind farm in Romania, EDPR said on its…

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September 28, 2018

Hidroelectrica to have EUR 800 million budget for HPP upgrades by 2020

State-owned power utility Hidroelectrica will have EUR 800 million at its disposal by 2020 to modernize the hydropower plants (HPPs) it currently operates, according to Romania’s draft Energy Sector Strategy…

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September 19, 2018

Hidroelectrica to forge cooperation with Verbund

State-owned Hidroelectrica plans to sign a cooperation agreement with Austria’s electricity producer Verbund, Romanian media reported. The approval of the cooperation agreement between the biggest power producer in Romania and…

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September 17, 2018

European Commission to co-fund EUR 1.39 billion project to build Bucharest metro’s 6th line

The European Commission has announced to Romania’s Ministry of Transport that it will co-fund the Bucharest metro’s sixth line, a project worth EUR 1.39 billion, according to a press release…

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August 13, 2018

Hidroelectrica posts record six-month profit of EUR 207 million in H1

Romania’s state-owned power utility Hidroelectrica has reported a record six-month gross profit of RON 962 million (around EUR 207 million) in the first half of 2018, Business Review reported. The…

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