Energy
INS: Romania Imported Over 3.8 Billion KWh From Abroad In 1H/2022
Romania imported a quantity of electricity of 3.845 billion kWh in the first six months of 2022, higher by over 12% than in the same period of 2021, as per data from the country's statistics...
Nuclearelectrica Reconnects Cernavoda Unit 1 To National Power Grid
Romania's nuclear power producer Nuclearelectrica (SNN.RO) has announced that Unit 1 was reconnected to the National Power System on August 31, 2022 after the completion of repair works of t...
Hidroelectrica Hits RON4.7B Revenues, RON2.6B Profit in 1H/2022
Hidroelectrica, Romania’s largest state-owned energy producer and the most profitable state-run company, ended the first half of 2022 with RON4.7 billion revenues, up 48% year-over-year, and...
Sweden’s OX2 Starts EUR120M Wind Project in Galati
Sweden’s OX2, Europe’s largest independent operator of wind projects, is starting works for one of its first investments in Romania, a wind park in Galati valued at EUR120 million.
Enel Green Power, First Heavyweight to Enter Romania’s Second Green Wave
Enel Green Power Romania, the local green power unit of Italy’s Enel, one of Europe’s most powerful utilities group, in early August got the technical approval to connect two large solar pow...
Mass Global Energy Rom Buys Mintia Thermoelectric Power Plant, Promises EUR1B Investments
Romania’s government sold the assets of the Mintia thermoelectric power plant to Mass Global Energy Rom, part of the Iraqi Mass Group Holding for EUR91.2 million, excluding VAT.
Simtel Team Signs Photovoltaic Plant Contract with Food Retailer
Romanian-held engineering and technology company Simtel (SMTL.RO) notified the Bucharest Stock Exchange of the conclusion of a framework agreement with a food retail company for the developm...
Nuclearelectrica Sells RON2.4B Worth of Electricity to Enel Group
Nuclearelectrica (SNN.RO), Romania’s only nuclear power producer, on Tuesday notified the Bucharest Stock Exchange about several contracts for wholesale of electricity to two companies of th...
Czech TESLA Chooses Braila for EUR100M Energy Storage Battery Plant
TESLA Energy Storage, a company founded in June, but that is part of Czech Republic’s TESLA group, a producer of energy equipment, is set to start building an energy storage equipment plant...