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Strengthening Energy Ties – Romanian Section of the Power Line to Serbia Commissioned

At the beginning of the year, a meeting was held in Athens between the energy ministers of Romania and Serbia to discuss opportunities for enhancing cooperation in the energy sector. The discussions...

Romania Inaugurates New Solar Park with Energy Storage System

In Sărmășag, Sălaj County, the "Sărmășag" solar park has been officially inaugurated, marking a significant step in Romania’s energy transition. The new solar facility, with an installed capacity of 51.4 MW, also includes...

Romania Nearing the Adoption of a New Investment Program “Green Energy” 2024-2030

The Ministry of Energy of Romania has launched a public consultation on the draft emergency ordinance for the national investment program "Green Energy," aimed at supporting administrative-territorial units and operators in centralized...

Backing Romania’s Green Ambition with 110 Million Euros Finance Package

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania,...

EBRD is Supporting Renewable Investments in Romania

The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...

Romania adopts offshore wind law

The Romanian Parliament adopts the country’s first Offshore Wind Energy Law. This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of its offshore...

EFSE and BT Mic Join Forces to Provide Local Currency Financing for Romanian MSEs

The European Fund for Southeast Europe (EFSE) has provided BT Microfinanțare (BT Mic), part of Banca Transilvania Financial Group, with a second loan in Romanian leu equivalent to EUR 7 million to...

Romania Breaks Up Alleged €25m Illegal Logging Ring

Romania’s security forces have mounted a series of raids to break up an alleged €25m illegal logging ring, in what is believed to be the largest operation of its kind yet seen...

Romania Doubles Incentives For Plug-In Electric Vehicles

In a bid to help reduce the country’s growing air pollution problems, the government of Romania has reportedly doubled the incentives on offer for buyers of plug-in electric vehicles. Following the changes —...

EIB Group Financing Reached EUR 1.1bn in Romania in 2016

The European Investment Bank (EIB) provided new loans worth EUR 1.04bn and the European Investment Fund (EIF – which together with EIB forms the EIB Group) executed operations in Romania totalling EUR...

Sweden Closes the Baltic Sea to Offshore Wind Farms – 13 Projects Cancelled

The Swedish government recently canceled 13 offshore wind farm projects, citing military concerns as the reason. This decision has shaken the energy sector, particularly due to the closure of a large part...

New Solar Capacity in France Exceeds 3 GW in the First Nine Months

France has taken another step forward in the development of its solar capacity in 2024. By installing approximately 3.32 gigawatts (GW) of new solar systems in the first nine months, the country...

Green Growth: 30 Percent of World Regions Achieve Economic Growth While Reducing CO2 Emissions

An increasing number of regions worldwide are succeeding in combining economic growth with a reduction in carbon dioxide emissions, according to a study conducted by experts from the Potsdam Institute for Climate...

Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs

In the first half of 2024, average household electricity prices in the EU recorded a small rise compared with the second half of 2023, from 28.3 euros per 100 kWh to 28.9...

EBRD Supports Croatia’s Largest Solar Power Plant Operated by Hrvatska Elektroprivreda

For the construction and future operation of the "Korlat" solar power plant in Croatia, the European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 31.6 million euros...

The World’s Largest Lightweight and Circular Solar Power Plant Opened in Belgium

In the municipality of Genk, Belgium, the world’s largest circular and lightweight solar installation was presented, located on the roof of the SABIC company. This unique solar system generates 2,000 MWh of electricity...

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