The Society for the Administration of Energy Shares – SAPE SA obtained funding from the National Recovery and Resilience Plan (PNRR) for one of its most important projects, the one regarding energy storage using green hydrogen. Thus, according to a press release sent on Wednesday, AGERPRES, for the “Green hydrogen production unit by electrolysis – […]
Ogre AI, the Romanian-British energy tech startup focused on data science and specialized in providing AI-based forecasting solutions for the energy sector, recently closed a new investment round of EUR 3 million. VERBUND X Ventures, the corporate venture capital arm of the Austrian main electricity supplier VERBUND, lead the round and other investors including well-known […]
The Minister of Energy, Sebastian Burduja, approved the ministerial order for the Contracts for Difference (CfD) scheme: “We are launching the first tender within the CfD scheme, which will support the development of photovoltaic projects with a capacity of 500 MW and onshore wind projects of 1,000 MW” , the Ministry of Energy says in […]
Ion Sterian, the general director of Transgaz, stated in Greece that he is interested in becoming a shareholder of the company that operates the liquefied gas terminal at Alexandropoulis. He also said that there is a consensus among the states in the area for the expansion of the non-Russian gas transport capacity – the so-called […]
Engie, one of the largest suppliers and distributors of gas in Romania, but which is also developing in the area of electricity production from renewable sources and supply, is interested in buying an electricity distribution company in Romania, if this will arise possibility. Engie Romania officials inaugurated a few days ago the photovoltaic park in […]
The wind-photovoltaic hybrid park owned and operated by the Engie group at Gemenele in Brăila County has started tests. It is the first unit of its kind in Engie’s renewables portfolio in Romania and, at the same time, the largest hybrid park in Romania completed to date. Engie installed in the town of Gemenele, where […]
New electricity production capacities of 1,373 MW would be put into operation by the end of the year, which means that in 2024 we will have another 1,700 MW in the system, i.e. three times more than in 2023 and 30 times more than two years ago, stated, on Wednesday, in a press conference, the […]
The “Green Corridor” project solves many problems related to energy security in the region and sets world records, such as the fact that the length of the submarine cable to be built will be approximately 1,200 kilometers, they reiterated, on Tuesday, in a conference of press, the representatives of the Ministries of Energy from the […]
South East Europe Green EPC takes place on September 12, in Bucharest and will be held under the High Patronage of the Ministry of Energy. Representatives of the regulatory and energy transport authorities from Romania, the Republic of Moldova, North Macedonia and Montenegro will be present. EPC companies will meet investors and project developers from […]
Engie Romania, the company that controls the largest gas distribution and supply companies, but is expanding into renewables, is absorbing several companies in the wind and photovoltaic sector that it had bought in the past, according to data from the Official Gazette. Engie is absorbing the Helios Development Project, Solar Development Project, Piramida Soarelui and […]
Hidroelectrica signed contracts with the consortium formed by Hidroserv and UCMH for the modernization of the Vaduri, Remeți and Arcești hydropower facilities. The projects are part of a broad plan designed to ensure the sustainable and efficient operation of the company’s infrastructure, according to the highest technological standards, the company says in a press release. […]
The Minister of Energy, Sebastian Burduja, signed, on Thursday, 19 financing contracts, with a total value of over 100.029 million lei, within Investment 5 of PNRR – Component 6 Energy – Ensuring energy efficiency in the industrial sector, according to the Agerpres press agency. “The contracts signed today will help economic operators in the industrial […]
The Minister of Energy, Sebastian-Ioan Burduja, presented, today, during the Government meeting, the list of priority investment proposals, financed by the Modernization Fund (FM), which will be sent to the European Investment Bank for financing. Today, August 28, 2024, during the Government Meeting, the Minister of Energy, Sebastian-Ioan Burduja, presented the list of priority investments […]
The Government adopted an Emergency Ordinance that amends and completes the Government Emergency Ordinance no. 196/2005 regarding the Environment Fund. Through this amendment, the financing, from the Environment Fund, of projects to expand, convert or modernize natural gas transmission and distribution networks is allowed. These investments are conditional on the adaptation of networks to integrate […]