GREEN POWER
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Rompetrol Rafinare To Make RON27M Investment In Green Power At Vega Ploiesti Refinery
Rompetrol Rafinare (RRC.RO) will start developing a photovoltaic power plant with an installed capacity of 4.8 MW and an energy storage system of approximately 9 MWh, within the Vega Ploiesti refinery, the company said in a report to the Bucharest Stock Exchan...
Belgium’s Aukera Goes Ahead With Planned 1GW Of Green Power In Romania, Has 2GW Of Storage In The Works
Belgium’s Aukera announced at the end of 2021 its intention to reach a green energy portfolio of 1 GW in Romania. Now, 250 MW are in the construction start phase. Aukera says it will also ad...
Visual Fan Green Energy Arm Inks EUR5.4M Contract To Develop Solar Park in Resita
Renewable EPC by Allview, the green energy unit of Visual Fan, has signed a new contract to design and execute a photovoltaic park in Resita, Caras-Severin county.
Romania Becomes Major Destination For Renewable Energy Investments Of Greece’s PPC
Greece’s PPC Group, which officially became the owner of all Enel companies in Romania in 2023, estimates Romania’s electricity demand will increase by 10% by 2030, which means additional in...
DTEK Renewables Plans To Reach 750MW Capacity In Green Energy Projects
Moldova Eolian SRL, the project company behind the Ruginoasa wind farm, wholly owned by DTEK Renewables International B.V., has reached a EUR55 million financing agreement for the 60MW proje...
McKinsey & Company: Romania’s Switch To Green Power To Require EUR30B Investments
The investment potential of the green power market (solar panels, heat pumps, insulation) in Romania stands at more than EUR30 billion by 2040 and about EUR20 billion of that could come from...
Shikun & Binui Teams Up with Businessman Emanuel Muntmark to Build EUR50M Solar Park in Satu Mare
Shikun & Binui Energy, the energy investment arm of Shikun & Binui, the biggest Israeli real estate developer, will earmark as much as EUR50 million for one of the first large new photovolta...
Dutch Photon Energy Doubles Renewable Energy Portfolio in Romania
At the end of the first 9 months of 2021, Photon Energy had a project portfolio of around 218 MW under various stages of development in Romania, almost double the 117 MW capacity of early 20...
Second Wave of Green Energy Projects Faces Major Hurdle, National Power Grid Operator Says
The development of the second wave of renewable energy projects is facing a major hurdle, the incapacity of the national energy system to integrate new investments.