Eurowind Energy and Autoliv, a worldwide leader in automotive safety systems, have entered a 12-year Power Purchase Agreement in Romania. Autoliv aims to transition to 100% renewable energy sources for its electricity consumption. The new Virtual Power Purchase Agreement is […]
The electricity and natural gas distribution infrastructure is undergoing major transformations in the energy transition process, and to effectively respond to technological challenges and unprecedented developments in the production and consumption area, additional investments of around 1.1 billion euros per […]
The environmental agreement for the completion of works on the Cerna – Belareca Hydropower Development was issued on Tuesday, announced the Minister of Environment, Mircea Fechet. “Green light for the completion of works on the Cerna – Belareca Hydropower Development, […]
Network operators would no longer issue technical connection approval (ATRs) in the network connection process, with the regulation to be amended to reduce bureaucratic procedures, according to George Niculescu, the president of ANRE, who underlined that for now this is […]
“The economic growth of any country, not just Romania, depends on two variables: population and productivity growth. For productivity growth, the energy sector has an essential role. We cannot talk about a competitive economy without distribution networks that are modernized […]
Fitch Ratings has revised the outlook on Electrica’s Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at ‘BBB-‘. “The Outlook revision reflects improvements in Electrica’s funding structure, with a higher proportion of long-term funding than […]
The organizer of the region’s most important energy trade fair, ENERGY EXPO® 2025, taking place from May 22 to 24 at Laminor Arena in Bucharest, Romania, has established an agreement with Turkish Airlines to support event attendees’ air travel needs— […]
Electrica Group reported a net profit of 376.5 million RON for 2024, an increase of 42.1 percent compared to the approved budget for 2024, according to the financial report of the company. In a market context characterized by volatility and […]
The boarding school of the Tudor Vladimirescu Technological High School in Șimian commune, Mehedinți county, has entered into a comprehensive process of modernization and energy rehabilitation through the Romania Eficienta program, carried out by the Energy Policy Group (EPG) and […]
The European Business Women’s Patronage PEFA organizes the third edition of the Conference “Economic trends 2025”, an event dedicated to the economic challenges and opportunities of this year. The event will take place on March 31, 2025, starting at 10:00, […]
