Latest news

Tuesday, 17 September, 2024

22:00

EBRD considers €90 million loan for solar-thermal plant

EBRD announced that is considering a €90 million sovereign loan to support the construction of a large solar-thermal plant in Novi Sad, Serbia's second-largest city.

21:00

Simtel and Prime Batteries built an energy project at Prodromu Skete

Simtel, together with PRIME Batteries Technology, announced the signing of a partnership for the development of advanced renewable energy technologies.

16:00

Electric cars to hit 24% market share as carmakers boost EV sales

Electric cars (BEV) will reach 20-24% market share in 2025, according to Transport & Environment (T&E) modeling based on sales in the first half of this year and sales forecasts.

Monday, 16 September, 2024

19:52

Romania's Competition Council reviews PPC's wind farm acquisition

The Romanian Competition Council announced its analysis of the deal through which Greece's Public Power Corporation (PPC) plans to acquire the operators of the Fântânele-Cogealac wind farm.

19:50

Photon Energy connects 7.5 MWp solar plant in Romania

Photon Energy has connected a new 7.5 MWp solar photovoltaic (PV) power plant to the grid in Romania, marking its twelfth operational plant in the country.

19:41

Eurowind Energy acquires 11 PV projects in Portugal

Eurowind Energy signed a Shares Purchase Agreement in August for the acquisition of different projects totaling 11 PV projects of 5MW AC each.

Friday, 13 September, 2024

19:18

Electrica completes acquisition of Foton Power

Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.

16:46

EU approves €682M Belgian aid for offshore wind

The European Commission has approved a €682 million Belgian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy.

Thursday, 12 September, 2024

21:00

SAPE Secures PNRR funding for green hydrogen project

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.

21:00

Angels Ventures invests in €3 million for Ogre AI's green energy tech

Bulgarian investment fund Sofia Angels Ventures (SAV) participated in a €3 million funding round for UK-based, Romanian-founded energy tech startup Ogre AI.

Wednesday, 11 September, 2024

20:10

Renewables generate 50% of EU electricity in early 2024

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.

20:08

EBRD supports Romania in launching renewable energy auctions

With support from the EBRD, Romania has introduced a Contract for Difference (CfD) mechanism this week aimed at developing renewable energy infrastructure.

20:06

EIB funds wind farm in Austria

The European Investment Bank (EIB) will finance the construction of a new wind farm in Lower Austria with an initial loan of €20.1 million to WEB Windenergie AG (W.E.B).

Tuesday, 10 September, 2024

19:32

EBRD loans €55 million to Borusan EnBW for 116 MW PV projects

EBRD will provide a loan of €55 million to Turkey's Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity.

19:30

Parapet completes Romania's first solar repowering project

Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.

12:00

Rezolv Energy aiming to set the ESG benchmark in SEE

For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.

Monday, 9 September, 2024

22:18

Zero-carbon sources surpass 40% of global electricity

Zero-carbon sources made up over 40% of the electricity the world generated for the first time last year, according to new research.

22:14

Romanian Energy Minister approves CfD scheme for renewables

Energy Minister Sebastian Burduja has approved the ministerial order for the Contracts for Difference (CfD) scheme.

22:12

Hygreen Energy invests in green hydrogen projects in Spain

Hygreen Energy and Coxabengoa have signed a strategic agreement to accelerate the production capacity expansion that will accelerate European hydrogen project development.

Friday, 6 September, 2024

17:34

Simtel and Grunman to build 5 MW solar park

Simtel Team, in partnership with solar energy company Grunman Energy, will develop a 5 MW photovoltaic (PV) park in Bârlad, Vaslui county.

Thursday, 5 September, 2024

17:31

Politehnica Bucharest invests €5.87 million in green energy project

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.

17:29

MOL begins production at region's largest green hydrogen plant

MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.

17:27

EC issues EU guidance on renewable energy and efficiency

The Commission has adopted four guidance documents to help EU countries transpose and implement revised renewable energy and energy efficiency directives into national law.

Wednesday, 4 September, 2024

20:40

Restart Energy completes PV project worth over €850,000

Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.

20:38

PPD Global invests €500,000 in solar panels for Bucharest Hub

PPD Global, a leading distributor of premium beverages in Romania, has invested €500,000 to equip its Bucharest logistics center with modern photovoltaic panels, totaling 405 kWp of installed power.

20:36

ENGIE Romania completes first hybrid plant

ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.

Tuesday, 3 September, 2024

21:38

Transelectrica signs agreement for green energy corridor project

Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.

21:36

Helexia installs 27,000 PV panels in retail stores

Helexia has installed 27,000 photovoltaic panels in 28 retailers Auchan and Leroy Merlin.

20:42

SIPEX partners with Menlo Electric to expand solar solutions

SIPEX, a major Romanian distributor of construction and finishing material, has announced a partnership with Menlo Electric.

Monday, 2 September, 2024

20:53

Smart solar and virtual power plants define energy's future

Renewable energy sources are unpredictable. In winter, when the sun isn't shining, and the wind isn't blowing, energy production often falls short of demand.

20:51

Rezolv Energy awards contracts for 229 MW solar park in Bulgaria

Rezolv Energy has awarded contracts to three companies for the construction of the 229 MW St. George solar park in Silistra, northeastern Bulgaria.

20:47

Hidroelectrica upgrades Vaduri, Remeți, and Arcești plants

Hidroelectrica has signed contracts with the Hidroserv and UCMH consortium to modernize the Vaduri, Remeți, and Arcești hydroelectric plants.

Friday, 30 August, 2024

20:00

Romania signs €16.2 million in contracts for local renewable energy

These investments will reduce local energy costs, create jobs, and improve the quality of life.

19:00

EU's first sustainable investment agreement with Angola begins

The EU-Angola Sustainable Investment Facilitation Agreement (SIFA) has officially taken effect, marking the first-ever EU agreement focused on investment facilitation.

16:00

Romania launches €400 million Green Home Solar program

The Ministry of Environment has announced the launch of a new edition of the Green Home Solar program, with a budget of €400 million.

Thursday, 29 August, 2024

20:56

Romania secures €200 million for power grid modernization

Romania has secured €200 million in financing from the European Investment Bank (EIB) to modernize its electricity distribution network.

20:00

E.ON Romania installs 3,500 PV systems for residential customers

E.ON Energie Romania installed over 3,500 photovoltaic systems for residential customers in the first eight months of this year.

19:55

Romanians return 1.3 billion packages for recycling

In July, 763 million packages were placed on the market, and the collection rate was 62%.

Wednesday, 28 August, 2024

21:58

Premier Energy Group: €534.8 million in normalized revenue for H1 2024

Premier Energy Group reports €534.8 million in normalized revenue for the first half of 2024, marking a significant milestone in its performance.

21:06

Clean energy investment to almost double fossil fuels 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.

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