Romania’s NECP: 6 GW of solar, wind to be installed by 2030
Romania intends to install 6 GW in wind and solar power plants by 2030
Romania counts on EUR 6.7 billion from EU for green energy projects
Developers of renewable energy, grid and just transition projects can file proposals in Romania by October 16, after which the government should forward them to relevant EU institutions. The government expects EUR 6.7 billion over the next ten years from the recently established Modernization Fund. The Ministry for Economy, Energy and Business Environment published a […]
Romania to allocate EUR 23 million for closure of two coal mines in Jiu Valley
Romania has drafted the decision to grant RON 110 million (EUR 22.6 million) for the closure of coal mines Lonea and Lupeni in the Jiu Valley. The mines are operated by energy company Complexului Energetic Hunedoara (CE Hunedoara). The decision is being prepared by the Ministry of Economy and Energy, according to the local media. […]
Romania to grant up to EUR 15,000 per house for energy refurbishment
The Ministry of the Environment, Waters and Forests of Romania set aside funds for an estimated 9,000 citizens who can invest in the energy refurbishment of a family house and get 60% of the expenses reimbursed. The Environment Fund Administration (AFM) said homeowners can apply for state subsidies for energy efficiency measures. Minister of the […]
Romania backs SMEs with EUR 200 million for renewables, EV chargers
Small and medium-sized enterprises and firms in the HoReCa sector will soon be able to apply for the first half of a EUR 200 million incentives package for the installation of solar power systems and chargers for electric vehicles. The government in Bucharest issued a decree stipulating the start of the Electric-Up program for renewable […]
Electrica pays EUR 1.62 million for 7.5 MW Stănești solar park
Electrica paid just EUR 1.62 million for the Stănești photovoltaic unit to Raylexo Limited and Long Bridge Management si Administrare, but it also took on EUR 3.82 million in existing loans. Electrica said it completed the acquisition of the Stănești solar park in the south of Romania. The power distributor and supplier bought the unit for […]
Electrica to merge power distribution subsidiaries, energy services units
Romanian electricity supplier Electrica Group is set to merge its three power distribution subsidiaries and two energy services companies. The move has already been approved by the company’s shareholders. The merger of the three electricity distribution subsidiaries – SDEE Transilvania Nord, SDEE Transilvania Sud, SDEE Muntenia Nord – is scheduled for January 1 and the […]
CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal
Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026 restructuring and decarbonization plan that entails gradually reducing coal power production and developing renewable energy sources, with a target to cut CO2 emissions by around 38%. The plan includes EUR 1.5 billion in investments. CE Oltenia, the second-biggest electricity producer […]