PPC Renewables Romania starts construction of largest wind farm in Moldova
The 23 wind turbines will be located on land plots in the localities of Deleni, Costești, Bogdănești, while the interconnection transformer station will be located in Banca.
The 23 wind turbines will be located on land plots in the localities of Deleni, Costești, Bogdănești, while the interconnection transformer station will be located in Banca.
Located in Tulcea, the wind farm generates more than 200 GWh of electricity per year.
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.