Energy | 24 March, 2025 at 10:00 AM
Simtel secures 10-year PPA for 736 GWh of electricity
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Swiss energy player MET Group has purchased a ready-to-build (RTB) photovoltaic park in Răscăeți (Dâmbovița County), from Kraftfeld.
Renewable EPC by Allview, the renewable energy division of Visual Fan, has signed a new contract for the design and execution of a photovoltaic park in Resița.
NEPI Rockcastle, the largest owner of shopping centers in Romania, aims to cover its electricity consumption exclusively from renewable sources by the end of 2026.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
The country's energy landscape has shifted considerably since 2022, following the conflict in Ukraine.
The company plans to expand its portfolio through both greenfield projects and co-development opportunities.
The US, China, and Germany retain the top three spots in the Renewable Energy Country Attractiveness Index due to strong policy support
Advising MORE in its first transaction on the local market, Clifford Chance Badea lawyers assisted the client in structuring and negotiating the related transaction documents.
Bulgaria, Croatia, Greece, Romania, Serbia and Slovenia already comply with the EU's 2030 target for 15% grid interconnection compared to installed power.
OMV Petrom and state-owned gas producer Romgaz have announced the initiation of drilling for the first gas production well in the Neptun Deep project.
While there's significant interest in battery storage systems among Romanian prosumers, cost remains a major obstacle.
Price caps on electricity and natural gas will remain in place under the same conditions as at present, from the start of April to the end of June 2025 for electricity.
The US government is currently reviewing Romania's recent inclusion in the Visa Waiver Program (VWP) to ensure it meets the program's strict security requirements.
Symmetrica, a local manufacturer of vibrated pressed paving stones and kerbstones, is preparing to complete its new factory in Bolintin Vale.