Romania

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

29 October 2018 - Italian clean energy group PLC and Romanian renewable energy company Monsson Operation have entered into...

Hidroelectrica, Verbund sign memorandum of cooperation

25 October 2018 - The largest electricity producers in Romania and Austria, Hidroelectrica and Verbund, have signed a memorandum...

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

03 October 2018 - Romania’s Minister of European Funds Rovana Plumb has recently signed a financing contract worth around...

EDP Renewables opens energy storage for Cobadin wind farm

01 October 2018 - Renewable energy company EDP Renewables (EDPR) has opened a pioneering facility for the battery-based storage...

IPO

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

28 September 2018 - State-owned power utility Hidroelectrica will have EUR 800 million at its disposal by 2020 to...

Hidroelectrica to forge cooperation with Verbund

19 September 2018 - State-owned Hidroelectrica plans to sign a cooperation agreement with Austria’s electricity producer Verbund, Romanian media...

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

17 September 2018 - The European Commission has announced to Romania’s Ministry of Transport that it will co-fund the...

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

13 August 2018 - Romania’s state-owned power utility Hidroelectrica has reported a record six-month gross profit of RON 962...

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

07 August 2018 - The Bucharest City Hall announced that it submitted financing requests for EUR 283 million worth...

BSTDB initiates first energy efficiency facility in Romania

27 July 2018 - The Black Sea Trade and Development Bank (BSTDB) has secured a EUR 7 million revolving...

Romania moves to not tax prosumers feeding surplus energy into grid

02 July 2018 - The Romanian parliament has adopted a law enabling prosumers with small renewable energy systems to...

Solar PV park developers file for arbitration against Romania

19 June 2018 - Ten developers of solar photovoltaic (PV) parks have filed for arbitration proceedings before the International...

average range

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

13 June 2018 - Romania intends to install 200,000 electric vehicle charging stations in the next four years, as...

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

22 May 2018 - Romania’s electricity transmission company Transelectrica has launched a double-circuit 400 kV electricity transmission line between...

CfD

Romania to introduce subsidy scheme modeled on CfD for all low-carbon energy producers

27 April 2018 - Romania’s low-carbon energy producers stand to receive state funding under a mechanism such as contracts...

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

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

30 March 2018 - Even though Romania introduced the prosumers into legislation 10 years ago, there is still no...

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