Tag: Romania

From Gas Power Plants to 1,200 MW of Renewable Energy: Romania’s Projects for 2025

Romania is preparing for several significant projects in the energy sector in 2025. In the current global context, where energy security becomes increasingly critical, particularly due to situations such as the disruption of...

The Future od Green Energy in Romania

Romania is among the countries with a diverse and balanced energy mix, with a strong reliance on hydropower, efficient nuclear reactors, and wind farms, while coal and natural gas are also present...

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...

What is the Sun Tax and Why Some Countries “Punish” Their Prosumers?

There should be no obstacles for those who want to invest in renewable energy sources on the way to decarbonization of the energy sector. And yet, by introducing the so-called “sun tax”,...

Mihajlovic with the EIB: Energy Transition and Various Gas Suppliers are Crucial for the Development and Security of Serbia and the Region

Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D, met with Matteo Rivellini, Head of the Western Balkans Division at the European Investment Bank (EIB), and discussed with...

EBRD and Ascendis Launch Regional IncubatorX SME Programme

The European Bank for Reconstruction and Development (EBRD) and Ascendis, a training and consulting company, today launched IncubatorX SME, a programme through which companies in Bulgaria, Croatia, Romania and Serbia can engage with top entrepreneurs and consultants, who...

Car Leasing and Rental Company Plans to Cut Fleet’s Carbon Emissions by a Quarter by 2025

The European Bank for Reconstruction and Development (EBRD) is investing  EUR 10 million in a EUR 48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This is Romania’s...

EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group

The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...

Fast-Growing EBRD Green Cities Signs up 50th member, Medias

The EBRD’s fast-expanding EUR 3 billion urban sustainability programme, EBRD Green Cities, has reached a new growth milestone, with Medias in Romania becoming the 50th city to sign up to improve the...

EBRD and EU Advance Honey Producer’s Development in Moldova

Nestled in the picturesque village of Costești, Moldova, Regina Naturii manufactures and trades jars of delicious natural delicacies. The honey producer may well have borrowed its work ethic from industrious bees in...

Marked Improvement in Europe’s Air Quality Over Past Decade

The EEA’s ‘Air quality in Europe — 2020 report’ shows that six Member States exceeded the European Union's limit value for fine particulate matter (PM2.5) in 2018: Bulgaria, Croatia, Czechia, Italy, Poland,...

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