the installed capacity of all renewable energy projects that have obtained all approvals and authorizations to produce electricity is now over 3,500 MW, according to ANRE data. As of September 1, the installed capacity of renewable energy generation projects that have concluded connection contracts, have a construction permit and also obtained an establishment permit […]
The PPC Group has reached an agreement with the Copelouzos and Samaras groups to take over their wind and photovoltaic assets in operation, totaling 66.6 MW, as well as a portfolio of renewable energy projects of 1.7 GW, which they will continue to develop them together. In addition, the Greek government-controlled utility is increasing its […]
In 2022, renewables overtook both heat and oil and petroleum products in final consumption by the services sector in the EU for the first time. Renewables and biofuels represented 8.0% of the final energy consumption, ahead of heat at 7.6%, and oil and petroleum products at 6.3%. In 2021, renewables and biofuels accounted for 7.3%, […]
The Competition Council is analyzing the transaction by which Public Power Corporation SA intends to take over the companies Felix Renewable Holdings SRL, Tomis Team SA, Ovidiu Development SA, MW Team Invest SRL and TMK Hydroenergy Power SRL, the institution says in a press release. “Public Power Corporation SA, active in the field of electricity […]
Representatives of the renewable industry say that a critical point has been reached in the development of the projects, and one of the biggest problems is connecting the future parks to the grid. “In vain we try to make investments in thousands and thousands of MW if we have no way to connect them and […]
A new wind power plant, with an installed capacity of 140 MW, at the location “Deleni” of the Vaslui County, is added to the organic development of the RES portfolio of PPC Renewables, as it reached construction phase. The new wind plant is designed with 23 GE Vernova 6.1 MW turbines and will be connected […]
Swiss renewable energy investment platform Keppel MET Renewables (KMR) highlights commitment to solar energy investments: The company formed by the integrated energy services provider MET Group and the Infrastructure Division of Singapore’s Keppel Ltd. has completed the acquisition of 100% of the shares of two photovoltaic projects in the Italian regions of Piedmont and Lombardy. […]
A number of 24 public entities will benefit from funding worth over 68 million lei for investments in renewable sources and energy storage. According to a press release from the Ministry of Energy, Minister Sebastian-Ioan Burduja signed the contracts on Monday within the call financed by the Modernization Fund, Key Program 1: Renewable energy sources […]
Portugal plans to increase the share of renewables in its final energy consumption to 51% by 2030, from the current target of 47%, as part of the goal of becoming carbon neutral by 2045, the Government announced on Wednesday, reports Reuters. The new goal is part of an updated project on environmental and energy targets […]
The Danish investor and developer of renewable energy capacities European Energy has obtained technical approvals for the connection of 500 MW of new solar and wind capacity in different areas of the country, and its total plans for solar and wind projects in Romania exceed 1.5 GW, the company says in a press release. European […]
In 2023, according to preliminary data, the EU’s natural gas supply decreased to 12.8 million terajoules (TJ), a 7.4% decline compared with 2022, marking the lowest value since 1995. Even sharper decreases were registered for coal: brown coal supply decreased by 24.2% to 222 840 million tonnes, and hard coal supply dropped by 20.4% to 130 437 […]
Romania can have a completely decarbonized energy mix in 2040, without risks regarding energy security, if it proposes lower installed capacities based on natural gas, i.e. 3.5 GW in 2030 compared to the 5.5 GW objective of the integrated plan proposal energy-environment (PNIESC), increasing wind energy capacity and storage technologies., shows a study by the […]
The Swiss voted overwhelmingly on Sunday in a referendum on a series of measures to strengthen the role of renewable energy in electricity production and guarantee supply during the winter, a period of high demand that is partly covered by imports from some neighboring countries, reports the EFE agency, quoted by Agerpres. In recent years, […]
The conclusions of the XXXIXth edition of the FOCUS ENERGETIC Conferences, which took place at the Palace of the Parliament and whose main topic of debate was “Challenges for and from renewables” are that: investors in renewable energy sources encounter difficulties, but, in turn, they cause difficulties; energy distributors have to make massive investments to […]
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