NEPI Rockcastle is building a 54.1 MW photovoltaic park in western Romania, designed to provide almost half of the electricity needs of its commercial assets by 2026. In partnership with LONGi Solar and Enevo Group, this project represents the largest renewable energy initiative by a non-energy company in the region. NEPI Rockcastle estimates that its […]
We are negotiating with the European Commission to extend the deadline for the closure of coal-fired power plants by five years, because otherwise we will be put in a very difficult situation from an energy point of view, declared the Minister of Energy, Bogdan Ivan. ‘I am holding the tender for gas-fired power plants, which […]
Visual Fan, through its Renewable EPC by Allview division, has signed a contract for the implementation of an electricity storage system. This major contract, signed with Renovatio Trading S.R.L., provides for a 65 MWh storage project developed in Toplița, Harghita County. The contract has an estimated value of approximately 9.2 million euros and will be […]
Today, the European Commission reaffirms its commitment to supporting the development of a hydrogen market by introducing a comprehensive greenhouse gas emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive. This methodology complements the existing ones on renewable hydrogen and renewable fuels of non-biological origin (RFNBOs), completing […]
The Competition Council is analyzing the transaction by which Greenvolt International Power SA and RNV Infrastructure SRL intend to take over Borzești Energy Storage SRL, according to a press release from the institution. Greenvolt International Power SA is part of the Greenvolt Group, from Portugal, which produces energy from biomass and develops wind, solar and […]
Govnet Conferences is pleased to invite you to participate in the 4th edition of the Romanian Renewable Energy Summit 2025, which will take place on September 18, at Zooma Paradisul Verde Events Estate. Romanian Renewables Energy Summit 2025 is a reference event dedicated to renewable energy in Romania, which will bring together the most important […]
G-Energy Solutions, the new brand under which GES Furnizare operates, part of Simtel, a Romanian entrepreneurial group listed on the Bucharest Stock Exchange and active in green energy, industrial automation, telecom infrastructure and digitalization, announces the launch of a new strategic program for green energy purchases through Power Purchase Agreement (PPA) contracts, according to a […]
Hungarian oil group Mol, criticized for remaining heavily dependent on Russian energy, believes that a pipeline starting from the Ukrainian port of Odessa is the best option for diversification, reports Bloomberg, quoted by Agerpres. The Hungarian company wants to gain access to the Odessa-Brody pipeline, which starts in Odessa and reaches the Ukrainian border with […]
The National Administration “Romanian Waters” (ANAR) has regulated the concession procedure for the resources under its administration for the production of renewable energy, in accordance with the public policies established by the Ministry of Environment, Waters and Forests (MEWF), the institution announced in a press release. Thus, a new regulatory framework was promoted (Order no. […]
Energy Minister Bogdan Ivan announces that gas stocks are “below the intermediate trajectory, as a result of a prolonged winter and exceptional consumption in the first part of the year”, but that measures have already been ordered to recover the gap. “We do not treat gas stocks as a simple formality. They are part of […]
DN AGRAR Group (BVB: DN), one of the leading integrated agri-food companies in Romania and the largest producer of cow’s milk in Europe, together with BSOG Energy, an energy company focused on the development of biomethane production units in Romania, owned by Black Sea Oil & Gas, have signed the contracts for the next stages […]
Banks around the world have channeled more than $385 billion into coal-fired power plants over the past three years, with annual flows increasing in 2024 compared to 2023, according to an analysis by a group of NGOs, Bloomberg reports. This is despite the fact that, in 2021, at the COP26 summit in Glasgow, nearly 200 […]
Austrian group OMV said on Tuesday that it expects its cash flow to take a hit of 400 million euros in the second quarter from higher taxes in Romania and Norway compared to the first quarter, according to Reuters. “This effect is mainly attributable to the tax payment schedules in Norway and Romania – where, […]
OMV Petrom, the largest energy company in Romania, recorded decreases in several business lines in the second quarter of the year, from an operational point of view, with the exception of gas sales to third parties and electricity production, according to data transmitted by the company. OMV Petrom’s total hydrocarbon production was, in the second […]
