Tag: Romania

European Commission probes Romania’s request for more aid and a longer restructuring period for CE Oltenia

The European Commission launched an in-depth investigation at the end of February into the amended restructuring plan for Romania’s state-owned energy company CE Oltenia, in order to determine whether the proposed increase...

Gas in Europe – Romania Leads the EU, While Norway Is the Key Supplier Outside the Union

Romania remains at the top of natural gas production within the European Union, but this does not change the continent’s strong dependence on imports. Over the past two years, Romania has grown into...

Romania Strengthens Renewable Energy Capacity with 190 Megawatts of Solar Power

Romania is launching the construction of three solar power plants with a total capacity of 190 megawatts (MW), enough to supply electricity to more than 160,000 households. The European Investment Bank (EIB) is...

Big Plans for Batteries in Europe – Will They Come True?

Due to the key role of batteries, especially in the automotive industry, many companies are striving to start production in Europe. The announced production capacities by 2030 exceed two terawatt-hours annually. However,...

Ministry of Energy of Romania Announces Cost Reductions in State-Owned Enterprises

The Ministry of Energy of Romania has announced an extensive reform plan for state-owned enterprises in the energy sector, aiming to achieve savings of over one billion lei, approximately 200 million euros,...

From Gas Power Plants to 1,200 MW of Renewable Energy: Romania’s Projects for 2025

Romania is preparing for several significant projects in the energy sector in 2025. In the current global context, where energy security becomes increasingly critical, particularly due to situations such as the disruption of...

The Future od Green Energy in Romania

Romania is among the countries with a diverse and balanced energy mix, with a strong reliance on hydropower, efficient nuclear reactors, and wind farms, while coal and natural gas are also present...

Strengthening Energy Ties – Romanian Section of the Power Line to Serbia Commissioned

At the beginning of the year, a meeting was held in Athens between the energy ministers of Romania and Serbia to discuss opportunities for enhancing cooperation in the energy sector. The discussions...

Romania Inaugurates New Solar Park with Energy Storage System

In Sărmășag, Sălaj County, the "Sărmășag" solar park has been officially inaugurated, marking a significant step in Romania’s energy transition. The new solar facility, with an installed capacity of 51.4 MW, also includes...

Romania Nearing the Adoption of a New Investment Program “Green Energy” 2024-2030

The Ministry of Energy of Romania has launched a public consultation on the draft emergency ordinance for the national investment program "Green Energy," aimed at supporting administrative-territorial units and operators in centralized...

Backing Romania’s Green Ambition with 110 Million Euros Finance Package

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania,...

EBRD is Supporting Renewable Investments in Romania

The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...

Romania adopts offshore wind law

The Romanian Parliament adopts the country’s first Offshore Wind Energy Law. This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of its offshore...

What is the Sun Tax and Why Some Countries “Punish” Their Prosumers?

There should be no obstacles for those who want to invest in renewable energy sources on the way to decarbonization of the energy sector. And yet, by introducing the so-called “sun tax”,...

Mihajlovic with the EIB: Energy Transition and Various Gas Suppliers are Crucial for the Development and Security of Serbia and the Region

Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D, met with Matteo Rivellini, Head of the Western Balkans Division at the European Investment Bank (EIB), and discussed with...

EBRD and Ascendis Launch Regional IncubatorX SME Programme

The European Bank for Reconstruction and Development (EBRD) and Ascendis, a training and consulting company, today launched IncubatorX SME, a programme through which companies in Bulgaria, Croatia, Romania and Serbia can engage with top entrepreneurs and consultants, who...

FEATURED