Electrica acquires Stănești solar park, enters power generation market
Romanian power supply company Electrica Group has acquired 7.5 MW Stănești Photovoltaic (PV) Farm in a move that marks its entry in the power generation sector, namely renewables. According to the local media, the company is also negotiating the acquisition of several other facilities including the 45 MW Dorobanţu wind farm and PV farms controlled […]
IPO of Hidroelectrica on hold as Romania bans sale of state assets for two years
The long-awaited stock market listing of the flagship hydropower producer in Romania was postponed yet again. Lawmakers in Bucharest voted to freeze all activity aimed at the privatization of any part of state-owned companies and the measure includes the initial public offering – IPO planned for Hidroelectrica. The opposition, led by Social Democratic Party (PSD), […]
Romania allocates EUR 52 million in grants to citizens for rooftop solar
The state fund responsible for the Casa Verde Fotovoltaice scheme in Romania approved 48.8% of applications for rooftop solar power systems in the first round of grants, completed one and a half years after launch. EU funds cover as much as EUR 4,100 or 90% of the cost for the installation of photovoltaic systems per […]
OMV Petrom, Eldrive to install 30 charging points for electric cars in Romania, Bulgaria
Oil and gas company OMV Petrom and charging points operator Eldrive will install 30 fast-charging stations for electric vehicles (EVs) in OMV-branded filling stations in Romania and Bulgaria. The first two units in the project have already been installed and commissioned in Bulgaria, in Daskalovo (Struma Highway) and Golyamokonarsko road (near Plovdiv). The project will […]
Enel scraps Romania asset sale plan, insiders tell local media
Anonymous people familiar with the matter revealed Enel is counting on Romania as a strategic market and that the management wouldn’t negotiate about stakes in its businesses in the country. Romania’s state-owned utility Hidroelectrica, which has an ambitious long-term diversification plan, may have to expand without Enel’s assets. The largest foreign investor in the country’s […]
Hidroelectrica plans to install first offshore wind park in Black Sea
Romania’s biggest power producer laid out an ambitious long-term plan to its shareholders, leaning to a large extent on funds it expects from the European Green Deal. Hidroelectrica proposed to develop capacities in hydropower, biomass, photovoltaics, chargers for electric vehicles, hydrogen and wind turbines including an offshore wind park in the Black Sea of as […]
Resalta establishes venture in Romania with Next Energy Partners
The energy services provider based in Ljubljana registered a company in Bucharest together with a domestic firm. Resalta said its joint venture in Romania would focus on photovoltaics, combined heat and power and industrial lighting. Resalta doo widened its growth ambitions, as it has struck a deal to start offering energy efficiency services and develop […]
EU Court of Justice says Romania failed to lower air pollution in Bucharest
Romania has not fulfilled its obligations to reduce air pollution, the Court of Justice of the European Union ruled. The country has systematically and persistently violated limit values for PM10 emissions in capital city Bucharest. Romania was referred to the court by the European Commission. Since 2007 and at least until 2016 Romania has systematically […]