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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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August 7, 2018

Bucharest applies for EUR 283 million in EU funds to buy electric buses, other vehicles

The Bucharest City Hall announced that it submitted financing requests for EUR 283 million worth of EU funds to procure electric buses and other vehicles for public transport. The city…

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July 27, 2018

BSTDB initiates first energy efficiency facility in Romania

The Black Sea Trade and Development Bank (BSTDB) has secured a EUR 7 million revolving facility for Garanti Consumer Finance, a Romanian non-banking financial institution, to finance energy efficiency, renewable…

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July 2, 2018

Romania moves to not tax prosumers feeding surplus energy into grid

The Romanian parliament has adopted a law enabling prosumers with small renewable energy systems to secure self-consumption and deliver surplus energy to the grid without having to obtain any authorization…

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June 19, 2018

Solar PV park developers file for arbitration against Romania

Ten developers of solar photovoltaic (PV) parks have filed for arbitration proceedings before the International Centre for Settlement of Investment Disputes (ICSID) against Romania over the state’s changes to the…

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June 13, 2018

200,000 more electric vehicle charging stations planned in next 4 years

Romania intends to install 200,000 electric vehicle charging stations in the next four years, as part of efforts to boost its share of renewables for fuels used in road transport,…

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May 22, 2018

Romania deploys its section of 400 kV Resita-Pančevo electricity interconnector

Romania’s electricity transmission company Transelectrica has launched a double-circuit 400 kV electricity transmission line between Resita in Romania and Pančevo in Serbia, under an investment worth some EUR 18 million…

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Romania's prosumers are stuck - government doesn’t know how to tax the

March 30, 2018

Romania’s prosumers are stuck – government doesn’t know how to tax them

Even though Romania introduced the prosumers into legislation 10 years ago, there is still no fiscal regime that would address them. According to energy minister Anton Anton, the Ministry of…

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Romania opts for state aid for recycling industry

February 27, 2018

Romania opts for state aid for recycling industry

The Romanian Environment Ministry has included in its 2018 budget an amount intended to support the country’s recycling industry through a state aid scheme, the authorities have announced without specifying…

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