DRI, the renewable energy division of Ukrainian energy holding DTEK Group, has announced plans to build a second solar power plant in Glodeni, Mureș County, Romania.…
Browsing: Romania
Romanian electricity transmission system operator Transelectrica recorded a net profit of €52.8 million in the first half of 2024, marking a substantial 63% increase compared to…
Romanian state-owned natural gas producer Romgaz achieved a net profit of €367.5 million in the first half of 2024, marking a 9% increase compared to the…
Rompetrol Rafinare, a member of the KMG International Group, reported a net loss of $75.2 million for the first half of 2024, marking a 120% increase…
Romanian oil and gas company OMV Petrom is advancing its renewable energy portfolio with plans to develop a new energy storage installation. The proposed facility will…
Entek Elektrik, a Turkish company specializing in renewable energy, has entered the Romanian market through the acquisition of two key assets from Econergy International Limited. The…
The National Energy Regulatory Authority (ANRE) has established a regulated rate of return (RRR) of 6.94% for energy distribution and transmission operators, effective from January 1,…
In July 2024, the average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM reached €145.14/MWh. This marks a significant increase of…
Distributie Energie Electrica Romania (DEER) has launched a public tender for the procurement of 1.1 million smart meters, with a maximum value of €74.3 million. This…
Danish renewables developer Eurowind Energy has successfully completed the first phase of its 48 MW Pecineaga wind farm project in Constanta County, Romania. The project is…