GREEN ENERGY
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Victor Ponta Reacts Harshly To E.ON Romania CEO’s Statements
Prime Minister Victor Ponta has taken an aggressive stance against E.ON Romania after the company’s chief executive Frank Hajdinjak said the group will give up its green energy projects in R...
E.ON Threatens To Pull Green Energy Projects If Government Cuts Subsidies
E.ON Romania, a unit of German utility E.ON, will give up its green energy projects on the local market unless the government reconsiders its plan to reduce subsidies in the field, the compa...
Clash Continues But Green Energy Producers Get Subsidies Of Over EUR160M And Investments Go Ahead
Green power has been the hottest topic in the energy sector since the beginning of this year, with the prospect of changes to the support scheme pitching against one another investors, the a...
Romania Approves EU Financing For Several Green Energy Projects
The Romanian Economy Ministry Monday signed 11 financing contracts worth 670 million lei (EUR153.4 million) for several energy efficiency and renewable energy production projects.
Siemens: Green Power Support Scheme Should Not Give Equal Treatment
The economy could benefit from the renewable energy boom if investors were rewarded based on the amount of components they buy from the local market for their projects, says George Catalin C...
Romania Plans To Halve Green Energy Support
A law significantly cutting the green energy support scheme could take effect as of July 1. At stake are investments of hundreds of millions of euros.
Romania's Top Areas For Renewable Energy Investments
Constanta, Tulcea, Galati, Caras-Severin and Braila are Romania’s top counties when it comes to installed capacity of green power projects. The five counties have attracted more than EUR2.5...
New Investments Of EUR1B And Over EUR200M Collected By Green Energy Producers In First Nine Months
Renewable energy attracted investments of around EUR1 billion in the first nine months of this year in Romania, with more than EUR900 million drawn by wind energy alone.
Wind Farm Capacity Seen Double By 2014, Solar Power Projects Most Popular Now
The capacity of the operational wind farms in Romania might double by the end of 2014, from the current 1,390 MW, which cost about EUR2 billion. Although this is a significant leap from the...