06.01.2014

Enel, Romania’s largest private electricity distributor, in 2013 reached revenue of almost EUR1.5 billion, up 7% on the year. The figure represents the total revenue derived by the companies through more

05.12.2014

Czech-held S Group completed the construction of Green Gate office building in Bucharest, which is the biggest office project finalized this year in the capital city, with a rentable area of almost more

05.08.2014

Swedish builder and developer Skanska is almost 80% done with the first building of the Green Court office complex in northern Bucharest, yet has only found tenants for 16% of it. The only tenant more

04.25.2014

Romanian commercial lender Banca Comerciala Carpatica (BCC.RO) Friday said it granted a loan worth 9 million lei (EUR2 million) to Genesis Biopartner which will use it to build a new cogeneration more

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

04.01.2014

Czech-held utilities group CEZ is likely to renounce a minority stake in Fantanele-Cogealac (Constanta) wind farm, a project in which it invested EUR1.1 billion, but which now has no green more

04.01.2014

In 2013, solar projects posted the steepest decline in the value of specific investments per installed MW, by almost 30%, followed by biomass-based projects and revamped hydropower stations. more

03.17.2014

Czech-held S Group has invested almost EUR60 million to raise an office building with a rentable area of almost 31,000 square meters close to Piata Chirigiu of Bucharest. more

03.17.2014

Complexul Energetic Hunedoara company, set up last summer, plans to invest EUR355 million to revamp Mintia and Paroseni thermo power stations, as well as the four pit coal mines it owns. more

03.10.2014

Telecom operator Orange Romania has reached an agreement to lease up to 13,000 square meters of office space in the Green Court compound developed by Sweden’s Skanska in northern Bucharest, real more

02.28.2014

Electricity bills might increase by 0.5%-1% in April following Romania’s energy watchdog ANRE decision to hike the 2013 green certificates quota for suppliers, according to sources on the energy more

02.10.2014

Swedish-held Skanska construction and real estate development group will step up investment in Romania as of this spring, when it begins work on the second building of the Green Court office space 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

12.27.2013

Customers are now making car purchases based on price, as well as on emissions level, since the new taxes they have to pay depend on how much pollution a particular vehicle generates, says Cristian more

12.19.2013

The Romanian Photovoltaic Industry Association, or RPIA, Thursday said the government’s decision to reduce the number of green certificates granted to solar power producers is illegal and abusive. 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

12.05.2013

Green Glass, part of Green Group, will invest EUR2 million next year in expanding its glass recycling plant in Popesti-Leordeni, just outside Bucharest, which cost EUR4 million to set up. more

12.03.2013

Company Green Glass, part of Green Group, will open a glass recycling plant in southern Romania Thursday, following an investment worth EUR4 million. 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

11.28.2013

Romania will reach in January 2014 its target quota for renewable energy consumption, six years earlier than the 2020 term agreed with the European Union, the country’s energy watchdog ANRE said 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

11.18.2013

Romania’s government should lower its support for renewable energy or it will hinder the local energy industry’s competitiveness on a European and global level, the Association of Large Industrial more

10.30.2013

Romania made nearly EUR100 million from selling some 21.5 million green certificates since January, Environment Minister Rovana Plumb said Wednesday. more