Romania’s Electrica secures EUR 120 million loan for network upgrades, smart meters, renewables
The EIB has signed a EUR 120 million loan to help Romanian power supplier Electrica modernize its distribution network, introduce advanced metering, and integrate renewable energy sources.
Romanian power supplier, distributor Electrica to set up renewables firm
Electrica intends to establish a subsidiary with the aim to acquire and develop renewable energy and power storage projects
Dräxlmaier to open EUR 200 million electric vehicle battery plant in Timișoara
The German automotive parts company plans to invest EUR 200 million in the e-mobility components factory over the next six years.
OX2 may revive wind power projects of 402 MW in Romania
A Swedish company is bringing back to life its dormant wind power projects in Romania's Black Sea region of Dobrogea, a news outlet learned.
Romania tells EU it would close all coal mines by 2032
Romania said it intends to stop the excavation of coal in 2032 at the latest and replace conventional power plants in the meantime
Romania to roll out renewable energy auction scheme by end-2022
The Ministry of Energy of Romania said it aims to finish the legal framework for a support scheme for renewable energy in the fourth quarter of next year
Oil company Mazarine Energy developing geothermal project for oil, gas wells in Romania
The company has started a project for using geothermal energy by repurposing some of the current oil and gas wells in its Romania’s portfolio.
Alerion, Monsson Alma ink deal for wind projects of 350 MW in Romania
Alerion Clean Power is expanding to Romania with an agreement with Monsson Alma to development of three wind projects of 350 MW in total