Two solar farms to be built in Vâlcea County in 2016
One photovoltaic facility will be installed in Bujoreni commune and the second in Balcesti’s industrial park next year. The two power plants will thus produce electricity for companies that will invest there, Agerpres informs. “It is green energy and I am convinced that this investment will galvanize the real-estate sector. Based on the talks with […]
Society must know climate change intensifies
The global average temperature has increased over the past 100 years by 0.85 degrees Celsius, and ocean levels rose by 20 centimeters, which seems to be a little, but it is not, says Roxana Bojariu, a specialist with the National Meteorology Administration (ANM) and expert in the Intergovernmental Climate Change Panel, agency Act Media reported. […]
Timişoara’s renewables research lab second in Europe
Digi24 television reported that after an EUR 8 million investment, the second renewable energy research laboratory in Europe was recently completed in Timişoara in western Romania. The researchers are looking for the best way to use solar energy, which they say will ensure the world’s future, according to an article by Romania-Insider. The lab has […]
OMV Petrom selling wind farm in Dobruja?
OMV Petrom SA plans to sell the 45 MW wind power plant it holds in Dobruja, as part of a larger plan to optimize business following the global drops in oil price, Mediafax reported. The report, published by Business Review magazine, adds the facility was built in 2011 from an investment of EUR 90 million. […]
Austria’s Biogest builds EUR 5.3 million biogas plant
The Romanian unit of Austria’s Biogest, First Biogaz, officially opened the first company-owned biogas-fuelled plant in the country. Electricity is fed into the grid and heat from the facility is used at a grain dryer and a fish farm. Biogest has invested EUR 5.3 million, said Banca Comerciala Romania (BCR), which financed the project, SeeNews […]
Headrace gallery worth EUR 150 million launched
Hidroelectrica said it inaugurated Surduc–Nehoiașu, its latest headrace gallery, at the Pruncea intake point at Bâsca Mare, following a EUR 150 million investment. The tunnel is part of the Surduc–Siriu hydropower planning, the Romania Journal reported on its website. The project is the longest of its kind to be implemented since 1984, being also the […]
Hidroelectrica sells hydro facility to an archdiocese
The biggest state-owned power producer sold its small hydropower plant (SHPP) Călugăriţa, located in Argeș county in central Romania, to the Argeș archdiocese, according to Mediafax. Hidroelectrica SA, insolvent for the second time, took RON 1.7 million (EUR 380,000) for one of only two small hydro facilities that it sold from the 34 that were […]
Hidroelectrica begins procedure for exchange listing
Six months out of insolvency, largest national power producer may be listed at the stock market, Energynomics.ro said. Károly Borbély, Hidroelectrica’s head of strategy and corporate affairs, said the preparations already begun. „It will be possible six months after we come out of insolvency, most likely in the fall of 2016 or early 2017,“ Romanian […]
