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Parapet, a construction company in the solar energy sector with offices in Cluj-Napoca and Nuremberg, and Blue Line Energy, a renewable energy producer and ESRE license holder since 2007, announce the completion of the construction of a 1.1 MW photovoltaic power plant, installed inside the Beştepte wind park, Tulcea County. It is the first hybrid … Continuă să citești Parapet and Blue Line Energy have completed of the first photovoltaic and wind power plant in Romania, in Tulcea

OMV Petrom and Energy Policy Group (EPG) announce the completion of the renovation and rehabilitation works of the Liliești Secondary School in Băicoi, carried out as part of the România Eficientă program. This is the second educational institution in the country to have been modernized at almost zero energy consumption standards (nZEB). The first unit … Continuă să citești Second school modernized within România Eficientă program, supported by OMV Petrom

Nuclearelectrica and the Emirates Nuclear Energy Corporation (ENEC) have announced the signing of a Memorandum of Understanding (MoU) for bilateral cooperation within the nuclear energy sector to support the growth of this critical energy source in tackling the dual challenges of energy security and climate change. The objective of the MoU is to provide both … Continuă să citești Nuclearelectrica signs Memorandum of Understanding with Emirates Nuclear Energy Corporation (ENEC) to collaborate on nuclear energy program development

Nuclearelectrica SA and Nova Power & Gas SRL launch RoPower Nuclear SA, the project company for the development of small modular reactors in Romania, on the site of the former coal-fired power plant in Doicesti, Dambovita County. Jose W. Fernandez, US Under Secretary for Economic Growth, Energy and Environment, US Department of State and Romanian … Continuă să citești Nuclearelectrica SA and Nova Power & Gas SRL launch RoPower Nuclear SA, the project company for the development of small modular reactors in Romania

Enel signed agreements with PJSC Lukoil and private fund Gazprombank-Frezia to sell its entire stake in Enel Russia The transaction concludes the sale of power generation assets in Russia, which Enel started in 2019 with the first sale of coal-fired assets Enel S.p.A. („Enel”) informs that the agreements related to the sale of its entire … Continuă să citești Enel sells its entire 56.43% stake in PJSC Enel Russia

The Kazakh-Romanian Energy Investment Fund (KREIF) has successfully closed a EUR 83m syndicated loan for financing the construction of a new cogeneration plant on the Petromidia Refinery platform. The financing banks are Banca Comerciala Romana (Romanian Commercial Bank) as mandated lead arranger, bookrunner, documentation, facility and security agent, together with Raiffeisen Bank Romania, Raiffeisen Bank … Continuă să citești The Kazakh-Romanian Energy Investment Fund raised a EUR 83m syndicated credit facility coordinated by BCR   for the financing of a new Cogeneration Plant on the Petromidia Refinery platform

Hybrid and electric vehicles are preferred by almost half of the Romanian consumers (46%), who say they would choose such a type of engine for their next vehicle, according to Deloitte 2022 Global Automotive Consumer Study, conducted in 25 countries around the world, including Romania. Out of these, the majority (63%) would make such a … Continuă să citești Deloitte study: half of Romanians want to buy electric cars to reduce the fuel cost and to protect the environment. Charging infrastructure remains their main concern

Author: Mihai Drăghici, Director, Consulting, EY România Geopolitical priorities are shifting across Europe and energy is no exception The current geopolitical framework forced European countries to redefine their energy relationships and initiate quick steps to become energy independent. For the last ten years, Europe relied heavily on Russian oil & gas, particularly countries such as … Continuă să citești Mihai Drăghici, EY: Romania – Opportunities and risks towards energy independence