Energy
Poland’s R.Power Gets EUR46M Funding for Scornicesti BESS Project
Polish company R.Power has obtained EUR46 million funding from the EBRD and Bank Gospodarstwa Krajowego for the building of a BESS project in Scorniceti, Romania, due to be completed this ye...
Electrica Signs EUR36.6M Contract For Development Of Solar And Storage Project In Bihor County
Electrica Group (stock symbol: EL), the most powerful player in energy distribution and supply, has signed a contract for the construction of a photovoltaic park equipped with an energy stor...
Transgaz Net Profit Plunges 25% YoY To RON387M In Q1/2026
National gas transmission company Transgaz (stock symbol: TGN) ended the first quarter of 2026 with consolidated net profit of RON386.68 million, lower by RON129.89 million (-25%) compared t...
Electrica Group Reports RON310M Net Profit For Q1/2026, Up Nearly 60% YoY
Electrica Group (stock symbol: EL), the most powerful player in energy distribution and supply, had a net profit of RON309.6 million in January-March 2026, up 58.2% from RON195.7 million rep...
Premier Energy (PE.RO) Posts EUR536M Normalized Revenue In Q1, 2026
Premier Energy Group (PE.RO), a vertically integrated utility and infrastructure group with operations in Romania, Moldova and Hungary posted EUR536 million normalized revenue in the first q...
Hidroelectrica Signs RON151M Contract To Have Tudor Vladimirescu PV Power Plant Built In Braila County
State-run green energy producer Hidroelectrica (H2O.RO) on May 25 signed a contract for the turnkey construction of the Tudor Vladimirescu Photovoltaic Power Plant (CEF) in Braila County, a...
Greece’s HELLENiQ Renewables Steps Up Expansion In Romania
HELLENiQ Renewables, a subsidiary of Greece’s HELLENiQ ENERGY, is stepping up expansion in Romania with a new 96 MW wind farm in Galati County, which is expected to become operational in 202...
Hidroelectrica Signs EUR190M Contract For Refurbishment Of Raul Mare Retezat Hydropower Plant
Romania’s largest state-run company Hidroelectrica (H2O.RO) on May 21 signed a EUR188.5 million contract for the refurbishment of Raul Mare Retezat Hydropower Plant, a strategic project aime...
Romania’s Total Electricity Production Up 8.8% YoY In Q1, 2026
Romania’s total electricity production increased by 8.8% in the first quarter of 2026 compared with the same period in 2025, while imports fell by 15% and final consumption was 2.2% lower, N...