21 Romanian cities to purchase 596 electric buses

Romania’s Ministry of Regional Development and Public Administration (MDRAP) has launched tendering for the procurement of 131 electric buses for seven cities, including Iasi, Sibiu, Sighetu Marmatiei, Slatina, Suceava, Tirgu Mures, and Pitesti. In addition to this purchase, other Romanian cities have also launched tendering to buy 465 electric buses, Economica.net reported. In total, 21 […]

Romania mulls carbon price compensation scheme

The Romanian government is considering introducing a scheme for offsetting the cost of the EU Emission Trading System (EU ETS), but details have not yet been announced, local media reported. The scheme would be available to all companies that are obliged to hold emission allowances. The price of these certificates has increased sharply in the […]

Hidroelectrica to hire law firm for IPO on Bucharest Stock Exchange

State-owned power utility Hidroelectrica has issued a public call to acquire legal services for conducting an initial public offering (IPO) on the Bucharest Stock Exchange, local media reported. The deadline for submitting offers is May 23. Hidroelectrica plans to sell newly issued shares and also existing shares, but also to finally lists on the Bucharest […]

SMARTER Finance for Families: Green mortgages for green homes

Throughout Europe, many homes have not been built to high energy efficiency standards. This keeps energy bills and carbon emissions high, and it contributes to energy poverty, lower levels of comfort for residents, poor indoor air quality, associated health problems, and higher property upkeep costs. Looking to help change how Europe approaches energy efficiency in […]

Porsche Romania to install 77 EV chargers by 2021

Porsche Romania and its partners plan to invest in charging infrastructure for electric vehicles, including the construction of 77 electric vehicle chargers over the period 2019-2021, local media reported. According to 0-100.ro, the investment in 77 EV chargers could reach EUR 3-5 million. EV chargers will have a power output from 75 kW to 150 […]

State to seek private partner for pumped-storage HPP Tarnita-Lapustesti

Romania’s Forecast and Strategy National Committee (CNSP) is starting a procedure to find a private partner for the pumped-storage hydropower plant Tarnita-Lapustesti, Romanian media reported. The CNSP has published a study for the development of the Tarnita-Lapustesti project under the public-private partnership (PPP) model. According to the study, the HPP is essential for the stability […]