“The 2024 turnover decline is in line with the entire industry tendency, with most major energy companies reporting lower results. The main cause was the falling sales price per MWh,” says Gianina Pelea, Nova Power & Gas CEO.

For 2025, she forecasts improved financial indicators.

For the next two years, the company plans EUR400 million investments in energy storage and production, becoming thus a leading independent producer in the field.