04.23.2014

The major electricity consumers could save about EUR40 million in 2014 if the government adopts a decision to cut the green power subsidies paid by energy intensive industrial companies. more

02.04.2014

The number of companies in the renewable energy generation sector increased 18 times in 2009-2013 to 559 companies operating wind farms, solar parks or hydropower plants, which receive subsidies from more

01.21.2014

Three senators of the Social Democratic Party filed a proposition to amend the Renewable Energy Law, cutting the maximum value of green certificates from EUR55 to EUR30, Ionel David, CEO of the more

12.18.2013

The modification of the clean energy support scheme as of January 1, 2014 will only affect those power generation facilities starting operation on or after that date, Romania’s energy market more

12.03.2013

Renewable energy sector has been one of the biggest challenges of 2013 for the business law firms as the scheme rewarding investments via green certificates was amended for the worse and investors had more

12.02.2013

The European Investment Bank will provide a credit line worth EUR200 million to Italy’s Enel Green Power International BV for wind energy investment in Romania, Enel said in a statement Monday. more

11.25.2013

Enel Green Power, a unit of Italy’s utility Enel, Monday said its 10-megawatt Podari photovoltaic plant in southwest Romania has been connected to the country’s power grid. more

10.28.2013

Green power producers and especially owners of wind and solar farms already have EUR45 million to recover for the three months since the government changed its support scheme. They will get the money more

10.07.2013

Enel Green Power, a unit of Italy’s utility Enel, Monday said its 6.5 megawatts Colibasi photovoltaic plant in southeast Romania has been connected to the country’s power grid. more

09.30.2013

Investments in photovoltaic parks in Romania were 3.5 times lower in July compared with the previous month after Romanian authorities changed an aid scheme supporting green power producers. more

09.27.2013

Wind energy has been one of the few sectors to record a major boom in the years of crisis after the crash of Lehman Brothers in 2008. more

09.20.2013

Foreign developers of renewable energy products came up with almost EUR60 million for the companies they own in Romania this summer, ZF has found by looking at Trade Registry data. more

09.05.2013

The temporary reduction of state support for renewable energy producers starting July 1 is showing its first effects and the sum investors will have to recover for July reaches about EUR14 million. more

08.22.2013

EDP Renovaveis, the renewable energy division of Energias de Portugal, one of the biggest investors in green energy in Romania, continues the development of wind and solar parks and currently has more

07.31.2013

More than EUR1 billion were invested in wind and solar farms in the first half of the year, and EUR288 million were paid as subsidies to producers. Renewable energy accounted for 12% of total more

06.10.2013

Verbund, the largest energy company in Austria, says it will not go ahead with investments of almost EUR100 million in expanding the wind project in Casimcea (Tulcea) if the support scheme is modified more

06.06.2013

Czech Republic’s CEZ, Italy’s Enel, Energias de Portugal and Spain’s Iberdrola are the companies with the most significant investments in green power in Romania and the first to be affected by more

06.05.2013

Amending the law on the production of renewable energy through emergency ordinance is illegal and breaches European directives, the Romanian Wind Energy Association (RWEA) said Wednesday, warning that more

06.02.2013

Romania is the least competitive European Union country because of electricity prices and made a mistake when applying a green certificate scheme to support the production of green power which enables more

03.29.2013

An investor in a solar PV project who now gets six green certificates per megawatt/hour of power generated might get only four as of this summer, and the get the rest after mid 2016, according to a more

03.12.2013

Enel Green Power, a unit of Italy’s utility Enel, has invested EUR251 million in its Romanian wind energy network in 2012, the company said in its financial report Tuesday. more

02.01.2013

Enel Green Power Romania, a subsidiary of Enel Green Power, increased the share capital by 500 million lei (EUR114.4 million), to RON2.93 billion at the end of 2012, through the cash inflow of its more

01.28.2013

Romanian businessman Marin Moraru, general manager of the Braila-based Marex group whose operations target swine farming, meat processing, alcohol and bioethanol production and agriculture, is more

01.28.2013

Renewable energy producers in Romania collected more than EUR310 million in green certificates in 2012, through the government support scheme, which is three times more than they got in 2010. more

12.28.2012

Enel Green Power, a unit of Italy’s utility Enel, has connected to the grid three new wind farms located in southeastern Romania, with a total capacity of 206 megawatts, the company said in a press more