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Energy & Environment
Genia Bioenergy receives EU funding for biogas plant in Romania
Thursday, January 18, 2024
Spanish company Genia Bioenergy will construct a biogas plant for the municipality of Seleus, in western Romania, reported Retema quoted by https://www.bioenergy-news.com/. The purpose of this plant is to offer a sustainable solution to the management of 60,000 tons of livestock and agricultural waste per year through the generation of renewable energy from which both the city council and residents can ...
Rompetrol to Abandon Two Petrochemical Projects At Petromidia In Romania
Thursday, January 18, 2024
The Kazakh-Romanian Energy Fund (FIEKR) abandons two planned investments in the Petromidia petrochemical platform, the only one that still exists in Romania. “The withdrawal from the Selected Projects of the Project regarding the construction of a catalytic dewaxing facility inside the Petromidia refinery, approved by the General Meeting of Shareholders on February 21, 2020, is approved by ...
Delgaz Grid completes the modernization of five transformer stations in Vaslui
Thursday, January 18, 2024
Delgaz Grid, a member company of the E.ON Romania Group, is finalizing an investment project financed by European funds through which the transformation stations Husi, Stanilesti, Vetrisoaia, Falciu, Murgeni were modernized by replacing some high and medium voltage equipment. Also, the necessary conditions were created for the SCADA (control and remote data acquisition) integration of the five transformer stations. The project was co-financed from ...
Romgaz allots 13 mln. lei for the evaluation of the technical condition of the gas pipelines
Thursday, January 18, 2024
Romgaz allocates, from its own sources, the amount of 13.74 million lei, without VAT, for the evaluation of the technical condition of the gas pipelines, and a framework agreement will be concluded for a period of 4 years. According to an announcement published on the Public Procurement Electronic System (SEAP), the purchase involves the conclusion of a framework agreement, and the estimated value of the largest subsequent contract is ...
OMV Petrom’s gas production decreased slightly in the last quarter of 2023
Thursday, January 18, 2024
OMV Petrom’s gas production decreased slightly in the last quarter of last year (Q4), to 56,200 boe/d, down 5% compared to the previous quarter, when it stood at 59,500 boe/d, according to preliminary data sent on Thursday to Bucharest Stock Exchange. Total hydrocarbon production stood at 110,000 boe/d, down from 113,500 boe/d in the third quarter, down 2.65% year-on-year. Crude oil and condensate production totaled 53,700 boe/d, ...
Nala Renewables enters Romania
Thursday, January 11, 2024
Nala Renewables, a company based in Great Britain, established a company in Romania last month, Nala Renewables Romania SRL, according to data from the Official Gazette. Nala Renewables Romania SRL has as its main object of activity the production of electricity, and the share capital is fully subscribed by the parent company. According to its own data, 50% of Nala Renewables is owned by ...
Romania exports almost 1,000 MW of electricity to the Republic of Moldova and Ukraine
Thursday, January 11, 2024
Romania exports almost 1,000 MW of electricity to the Republic of Moldova on Monday morning, but most of this energy goes on to Ukraine, according to HotNews.ro. This in the conditions where the wind turbines installed in our country produce a huge amount of electricity. Romania’s electricity production this morning exceeds 9,000 MW, most of it coming, around 10:00, from wind turbines. They provide more ...
Oil Terminal commissions 55,000 cu m gas tank in Constanta
Thursday, January 11, 2024
Oil and petroleum handling company Oil Terminal commissioned on Friday in Constanta a gas tank with a storage capacity of 55,000 cubic meters built at the company's South Storage Facility, at the exit of the city, with Energy Minister Sebastian Burduja attending.According to Oil Terminal CEO Sorin Ciutureanu, one of the reasons why the new tank was built outside the city is that of relocating the storage capacity from the 100-hectare inner-city Northern Storage Facility, to ...
Azerbaijan increases export of crude oil, petroleum products to Romania
Thursday, January 11, 2024
Between January and October of last year, Azerbaijan increased its import of tomatoes from Turkiye by 419 times, Azernews reports, citing the State Statistics Committee. According to the information provided by the State Statistics Committee, in 10 months, Azerbaijan imported 117.36 tons of tomatoes worth 66.44 thousand US dollars from Turkiye. Compared to the ...
UniCredit Bank financed the solar plant from Sarmasag with 39 mln. euro
Thursday, January 11, 2024
UniCredit Bank financed the photovoltaic power plant in Sarmasag, Salaj with 39.3 million euro, thus supporting Romania’s transition to green energy, the bank announced on Tuesday. According to the quoted source, the bank completed a financing transaction for the project, in the total amount of 39.3 million euros, with Comcris Energy SRL, a subsidiary of Enery, a group based in ...
Minister Burduja: The Tarnita-Lapustesti project must go ahead and it will go ahead
Thursday, January 11, 2024
The Tarnita-Lapuste?ti project must go ahead and will go ahead at the fastest possible pace, because it is the most important investment aimed at balancing the national energy system, says the Minister of Energy, Sebastian Burduja, after the ministry announced on Friday that no complying offers have been submitted for carrying out the feasibility ...
Photon Energy connected a 3.9 MWp solar photovoltaic plant to the grid in Romania
Thursday, January 11, 2024
Photon Energy announces that the Romanian branch of the group, dedicated to technological services, procurement and construction (EPC) – has completed and connected to the grid another photovoltaic (PV) plant. The plant has a combined production capacity of 3.9 MWp. “We are delighted to have expanded our portfolio of operational PV assets with a further 3.9 MWp in Romania,” said Georg ...
Memorandum between the Government and Romanian economic sectors on the development of partnerships for energy transition
Thursday, January 4, 2024
The development of partnership for energy transition between the government of Romania and the Romanian economic sectors, under the aegis of the Interministerial Committee regarding climatic changes (milestone 414 target of the National Plan for Recovery and Resilience) was approved, through memorandum by the executive in the last meeting in December 2023.According to a press release, this memorandum approved the framework for the establishment of ...
OMV Petrom acquires wind power stake, e-car charging business in Romania
Thursday, January 4, 2024
Romanian energy group OMV Petrom announced on Wednesday that it would acquire a 50% stake in Electrocentrale Borzesti from RNV Infrastructure as part of investments in renewable energy in Romania, https://www.xm.com/ . Electrocentrale Borzesti holds around 1 gigawatt of capacity in renewable projects, mainly in wind power, OMV Petrom said, adding that these projects would be further developed and operated together ...
IFC invests in NEPI Rockcastle arm to back green buildings in Bulgaria, Romania
Thursday, January 4, 2024
The International Finance Corporation (IFC) said it is lending 387 million euro ($424.3 million) to NE Property B.V. (NEPC), a subsidiary of Dutch-registered shopping centre developer NEPI Rockcastle, to reduce greenhouse gas emissions and boost energy efficiency in the commercial buildings sector of Romania and ...
Nofar chooses LONGi panels for 576 MW of solar in Romania
Thursday, January 4, 2024
Israeli renewables developer Nofar Energy Ltd (TLV:NOFR) has inked a EUR-76.6-million (USD 84.4m) agreement to buy solar panels from China’s LONGi Solar for projects in Romania, ...
Nuclearelectrica borrows 145 mln euro from EIB
Thursday, January 4, 2024
Nuclearelectrica, the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said it has signed a contract to borrow 145 million euro ($160.2 million) from the European Investment Bank (EIB), https://seenews.com/ reads. The loan will finance the construction of a ...
Start of construction underway for three big solar parks in Romania
Thursday, January 4, 2024
CCE Holding launched works at the site of its Horia1 solar park of 40 MW in Romania’s northwest, ENGIE is preparing to install a photovoltaic facility of 37.2 MW and PNE just sold a ready-to-build project of 61.5 MW, https://balkangreenenergynews.com/ ...
ENGIE to commission solar park north of Bucharest
Thursday, January 4, 2024
ENGIE Romania said it would start the construction of a photovoltaic plant with a total peak capacity of 37.2 MW in Aricestii Rahtivani north of the capital Bucharest. It added it is its fourth greenfield project. The solar park will be built on an area of 57 hectares. The subsidiary of French energy giant ENGIE plans to commission the facility next year. It estimated the annual output at 57 ...
Premier Energy Acquires CEZ Vanzare Shares
Thursday, January 4, 2024
On December 21, 2023, the company CEZ Vanzare was acquired by Premier Energy. The transaction will enter into force after the prior completion of all necessary legal procedures. Premier Energy is a gas supplier for domestic and non-domestic consumers (from the retail area, industry, trade), operates and owns a gas distribution network in Bucharest and in the areas adjacent to the capital: the ...