The current budget revision does not include the amounts necessary to cover the energy price caps assumed by the Romanian state for the period April – December 2022 and exposes to a major risk the capacity of the entire energy […]
Photon Energy announces that it has broken ground on the construction of its sixth Romanian PV power plant, which will have a generation capacity of 4.8 MWp. High-efficiency bifacial solar modules mounted on single-axis trackers will deliver around 7.1 GWh […]
The total operational revenues achieved by Transelectrica between January-June 2022 registered an increase of 83 percent compared to the same period of the previous year (RON 2,604 mn in H1 2022 compared to RON 1,422 mn in H1 2021) mainly […]
Romgaz Group announced its operational and financial performances for the first six months of 2022. The net profit reached 1.7 billion RON, 126 percent higher compared to first half of 2021. National gas consumption recorded a decrease of roughly 13.3 […]
Transport and System Operators (OTS) Transelectrica and Moldelectrica signed today the contract that will allow the allocation of capacity for commercial exchanges of electricity on the interconnection between Romania and the Republic of Moldova. Through the sustained collaboration of the […]
Nuclearelectrica announces the renewal of the mandate of CEO Cosmin Ghita for a period of 4 years starting from February 12, 2023 (the expiry date of the current mandate being February 11, 2023). As of 2019, Cosmin Ghita is the […]
Nuclearelectrica announces the reduction of the power of Cernavoda NPP Unit 1 by 25 percent on the night of August 9, 2022. “The power reduction of Cernavoda NPP Unit 1 is necessary to carry out some works to remove the […]
The European Commission has approved, under EU State aid rules, a 149 million Euro Romanian scheme made available through the Recovery and Resilience Facility (‘RRF’) to support the production of renewable hydrogen. The measure aims to contribute to the development […]
Axionet IoT, a local Machine to Machine (M2M), Internet of Things (IoT), electro-mobility and green energy production services and solutions company, announces the completion of a large project in partnership with Mobexpert, for the implementation of modern solutions in order […]
OMV Petrom, the largest integrated energy company in South-Eastern Europe, celebrates 10 years since the commissioning of Brazi power plant. The plant produced a total quantity of over 32 TWh of electricity during this period. Franck Neel, Member of the […]
