Business | 18 December, 2024 at 7:30 AM
MVM to acquire E.ON Energie Romania majority stake
MVM and E.ON have finalized an agreement for the sale and purchase of E.ON's energy retail and customer solutions business in Romania.
MVM and E.ON have finalized an agreement for the sale and purchase of E.ON's energy retail and customer solutions business in Romania.
Enery has successfully secured a €214.45 million bank loan facility to drive the development and consolidation of its renewable energy projects in Romania.
EBRD has approved a €90 million loan for Engie Romania, part of France's Engie Group, to refinance the acquisition of an operational wind farm.
In the first ten months of 2024, solar energy generated by photovoltaic installations reached 3.18 billion kWh, marking a 55.1% rise compared to the same period last year.
NEPI Rockcastle plans to transform its shopping centers in Romania into local energy hubs and fully meet their energy needs with green energy by the end of 2026.
Hidroelectrica has announced the completion of refurbishment works on Hydro Unit No. 5 (HA5) at the Stejaru Hydroelectric Power Plant.
The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania.
Econergy Renewable Energy has announced that its subsidiary, Econergy UK, has secured €28 million in financing to support the development of the Iancu Jianu solar photovoltaic (PV) project in Romania.
Alive Capital, a renewable energy company in Romania, has commenced construction of a modern photovoltaic power plant in Nanov, Teleorman County.
Only one in ten individuals who installed photovoltaic systems in the first ten months of the year also opted for an energy storage solution.
PPC Energie has implemented an integrated solution for electricity production using photovoltaic panels and battery storage on a residential building in Bucharest's Sector 6.
Nokian Tyres secured CO2 emission-free energy for its new tire factory in Romania through a contract with renewable energy provider Enery.
The European Bank for Reconstruction and Development (EBRD) will invest €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.
Monsson has completed the transfer of 100% ownership of a 50MW photovoltaic park in Chisinau-Cris, Arad County, to NEPI Rockcastle, which plans to begin construction in January 2025.
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.
Lockheed Martin and Romanian company Sinteza have signed a letter of intent to build a €50 million GridStar Flow battery factory in Oradea.
The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies
The European Commission has given the green light to a €790 million state aid package for Romania.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
Eurowind Energy has achieved a significant milestone by installing the first wind turbine at its Pecineaga wind farm in Constanța County, Romania.
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.
