ENERGY
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Solar Power Investments In Romania Reach EUR150M
Romania had more than 94 megawatts installed in solar power parks by May 16, 2013 compared with 49 MW at the end of last year, according to national power grid operator Transelectrica (TEL.R...
Tiriac Holdings Firm Got EUR8M Loan For Solar Park From Banca Romaneasca
Romanian lender Banca Romaneasca lent EUR8 million to firm Blue Sand Investment, part of Tiriac Holdings, to develop a EUR13.6 million photovoltaic park in Prahova county, southern Romania.
Lower Energy Consumption Brings Thermal Power Producer CE Oltenia To A Halt
Oltenia Energy Complex (CE Oltenia), Romania’s largest coal-fueled energy producer, covering over 30% of the local consumption, is now working at only 2% of its installed capacity, a situati...
Romania To Increase Welfare To Offset Higher Energy Bills
Romania’s Government will increase welfare starting July 1, 2013 to counterbalance higher electricity and natural gas bills following price hikes, Prime Minister Victor Ponta said Thursday.
SIF Crisana-Banat Is Looking At Privatization Of Energy Distributors
With the entire 100 million-lei profit from 2012 still in its accounts, regional investment fund SIF Crisana-Banat (SIF1.RO) is going ahead with its plan to take part in the privatization of...
Managers Of State-Owned Energy Companies Earn Up To RON18,000 A Month
Managers of companies in Romania’s energy industry make 4,693 lei (little over EUR1,000) and RON18,000 a month, according to a maximum net wage list released by the government Tuesday.
Minister: Romania Must Modernize Power Producers With High Production Costs
Romania should start its energy system restructuring by adapting electricity producers that register high production costs to market requirements, Minister-delegate for Energy Constantin Nit...
Transelectrica Wants Green Certificates To Finance Grid Investments
Romania’s state-run power grid operator Transelectrica (TEL.RO) has asked to receive part of the green certificates allocated via a government support scheme in the renewable energy sector s...
Energy Minister: State-Run Company Privatizations On Schedule
The process to privatize Romanian state-owned companies is on schedule and will continue with nuclear power plant operator Nuclearelectrica, natural gas producer Romgaz, energy producer CE O...