RENEWABLE ENERGY
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EY: Renewable Energy Sector Expected to Bounce Back Quickly Despite COVID-19 Impact
The renewable energy sector is expected to bounce back quickly despite the global slowdown caused by COVID-19, as the long-term drivers for investment remain strong, according to the EY Rene...
Romania Seeks To Fund New Power Generation Capacities Of Over 10,600 MW
Romania plans to finance, in the next ten years, new electricity production capacities of over 10,600 MW, according to the National Plan for Energy and Climate Change (PNIESC).
Romania Cuts Mandatory Quota Of Electricity Produced From Renewable Energy Sources To 8.3%
In 2017, the mandatory quota of electricity produced from renewable energy sources, which benefit from the green certificate promotion system, will be 8.3% of the final gross electricity con...
Renewable Power Producers Call For Changes In Support Scheme
Associations and employers in the renewable energy sector call on the government and the energy regulator to amend the mandatory renewable energy quota supported through the green certificat...
EnergoBit Cluj Set To See Revenue Rise By 10% In 2015 On Export Contracts
EnergoBit Cluj, a major supplier of equipment and services for the energy field, controlled by Polish investment fund Innova Capital, bets on an 8-10% revenue increase this year, on export c...
Just 9 Windmills Installed In Romania In First Nine Months Of 2014
Renewable power investments worth some EUR480 million were completed in the first nine months of this year, according to ZF calculations based on information provided by Transelectrica and t...
Small Renewable Energy Producers May Go Insolvent Or Bankrupt In 1 Year At Most- Director
Small renewable energy in Romania risk going insolvent or bankrupt within six months to one year due to high taxes, low electricity prices and deadlock on the green certificates market, said...
EY: Romania Drops One Spot Among Most Attractive Countries For Renewable Energy Investments
Romania fell one position, to 32, in a quarterly ranking of the most attractive countries for investments in renewable energy drawn up by EY, which notes activity in Romania has slowed in re...
Romania's Renewable Capacity Seen Growing 57% In 2015
Romania’s renewable power capacity is expected to increase 57.4% to some 7,000 megawatts in 2015, from 5,750 MW projected by the end of this year, according to estimates from the Energy Depa...