Romania's Energy Ministry launches €13 billion in non-reimbursable funds
The Ministry of Energy has launched and managed non-reimbursable funds for investments exceeding 13 billion euros in the past 15 months.
The Ministry of Energy has launched and managed non-reimbursable funds for investments exceeding 13 billion euros in the past 15 months.
WindEurope's Autumn Wind Energy Data shows Europe built 6.4 GW of new wind farms in the first half of 2024.
Simtel, together with PRIME Batteries Technology, announced the signing of a partnership for the development of advanced renewable energy technologies.
Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.
The Society for the Administration of Energy Participations (SAPE SA) has received funding from the National Recovery and Resilience Plan (PNRR) for its energy storage project using green hydrogen.
The European Commission has published the State of the Energy Union Report 2024 which describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission's mandate.
Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
Zero-carbon sources made up over 40% of the electricity the world generated for the first time last year, according to new research.
Energy Minister Sebastian Burduja has approved the ministerial order for the Contracts for Difference (CfD) scheme.
University Politehnica Bucharest invests in green energy. The university has signed a project worth over €5.87 million, funded through the Modernization Fund program, administered by the Ministry of Energy.
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
Hidroelectrica has signed contracts with the Hidroserv and UCMH consortium to modernize the Vaduri, Remeți, and Arcești hydroelectric plants.
These investments will reduce local energy costs, create jobs, and improve the quality of life.
The Ministry of Environment has announced the launch of a new edition of the Green Home Solar program, with a budget of €400 million.
Romania has secured €200 million in financing from the European Investment Bank (EIB) to modernize its electricity distribution network.
E.ON Energie Romania installed over 3,500 photovoltaic systems for residential customers in the first eight months of this year.
Global energy investment is expected to surpass €2.8 trillion for the first time, with €1.9 trillion allocated to clean technologies such as renewables, electric vehicles, and nuclear power.
MET Group inaugurated its second solar power plant in the Eastern Hungarian town of Kaba.
Nofar Energy has acquired 100% of the shares in Aviv Renewable Investment. This project company is currently developing a 160 MW photovoltaic park in Giurgiu County.
Romania's Energy Minister Sebastian Burduja signed three financing contracts under the Modernization Fund for projects focused on developing renewable energy production capacities for self-consumption.
The Turkish company Smart Solar Technologies will build a factory in Bulgaria for the production of solar cells and panels.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Battery-electric vehicles (BEVs) accounted for 15.2% of the EU market share as of February 2025, marking a significant rise from 11.5% in the same period of 2024.
LG Energy Solution has been chosen as a key partner for a large-scale energy storage system (ESS) project led by Poland's state-owned utility, PGE.
The project for new renewable energy production capacities, submitted by the Hunedoara County Council and the Petrila City Hall, has been approved for funding by the Ministry of Energy.
InnoEnergy, a leading European investor in clean technologies, has unveiled a new growth strategy for 2025–2030, aiming to secure up to €160 billion in funding for the sector.