GREEN ENERGY
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Electrica Drops Green Energy Investments After Four Years
Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is s...
Energias De Portugal Brings Almost EUR80M For Two Wind Projects In Romania
EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptio...
CEZ Romania's 1H EBITDA Falls After Green Energy Aid Cut
Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpon...
Top 15 Wind Farm Businesses In Romania
The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local econo...
Romanian State Piles Up EUR200M Debt For Wind And Solar Projects
The Romanian state is already owing almost EUR200 million to renewable energy investors, representing the value of green certificates investors should have received between July 2013 and Apr...
Energy Specialists, Selling Goat Milk
Constanta-based Elcomex group saw its energy revenue slide last year by 60% in euros, to EUR24 million, due to the renewable energy market decline, but its parallel investment in an integrat...
Italy’s Enel Sold EUR1.5B Worth Of Energy In Romania In 2013
Enel, Romania’s largest private electricity distributor, in 2013 reached revenue of almost EUR1.5 billion, up 7% on the year. The figure represents the total revenue derived by the companies...
Banca Carpatica Grants RON9M Financing For Green Energy Project
Romanian commercial lender Banca Comerciala Carpatica (BCC.RO) Friday said it granted a loan worth 9 million lei (EUR2 million) to Genesis Biopartner which will use it to build a new cogener...
How Will The War Between Coal And Green Energy End?
Complexul Energetic Hunedoara company, set up last summer, plans to invest EUR355 million to revamp Mintia and Paroseni thermo power stations, as well as the four pit coal mines it owns.