Significant wind energy production on Wednesday led to record Romanian electricity exports but a drop in prices on the OPCOM spot market. The day-ahead market (DAM),…
Portuguese renewable energy producer GreenVolt announced on Wednesday that it has bought a 45 MWp photovoltaic fleet in Romania, valued at 83m euros. The purchase was…
Rompetrol Rafinare, a member company of the KMG International Group, recorded a net loss in the amount of 132.8 million dollars in the first quarter of…
Engie Romania and Saint-Gobain Romania announced a partnership for the construction of the largest on-site solar power plant in Romania, located within the company’s glass factory…
Romanian natural gas transmission system operator Transgaz recorded a net profit in the amount of 54 million euros in the first quarter of 2022, which is…
Romanian electricity distributor and supplier Electrica recorded a net loss of 31.9 million euros in the first quarter of 2022, compared to a profit of 11.7…
The European Investment Bank (EIB) and Romanian natural gas transmission system operator Transgaz have signed an agreement for the provision of advisory services to prepare and…
The price of electricity traded on the day-ahead market (DAM) in Romania on Monday, with delivery on Tuesday, was 237 euros per MWh, according to OPCOM…
Proprietatea, a minority shareholder in Romania’s largest electricity producer, the state-owned company Hidroelectrica, has re-estimated the value of its 20% stake in the company – it…
Hidroelectrica, Romania’s largest electricity producer, posted a net profit of 1.3 billion levs (264m euros) in the first quarter, up 70% from the same period last…