10.11.2016

The net loss of Romania’s wind power industry increased by RON1.9 billion in 2015, to nearly RON4 billion (approximately EUR900 million), cumulated for the years 2014 and 2015, due to a lack of more

03.24.2016

Road carrier Wind Speed has invested EUR1.8 million in a climate controlled storage facility in Victoria town, Brasov county, which is 40% fueled by solar power. more

08.25.2015

No other industry has gone from ecstasy to agony in the span of just one year as the green power industry did. more

08.20.2015

Romanian electricity distribution and supply company Electrica (EL.RO) seeks to outsource two ready-to-build wind power projects, saying investments in renewable energy as not as attractive as they more

08.18.2015

Total wind projects of 130 MW were set up in the first six months of 2015, representing around 52 wind turbines, the projects being most probably started during previous years and postponed over more

08.11.2015

Wind farm developer Monsson Group, controlled by businessman Emanuel Muntmark, announced it will dismantle its wind park in Targuşor, Constanta county, saying local legislation has rendered it more

06.29.2015

The Monsson group of businessman Emanuel Muntmark, the largest local wind farm developer, ended last year with EUR50 million revenue, an increase on 2013 and might reach about EUR60 million in two more

05.06.2015

The three companies whereby Czech-held CEZ operates the giant wind farm complex Fantanele-Cogealac posted almost one billion lei (EUR226 million) losses last year, according to the data the group more

01.28.2015

Investors in solar park projects got most of the green certificates awarded under Romania's government-backed clean energy support scheme last year. more

01.27.2015

After investments of EUR380 million in wind projects, Verbund will no longer expand in Romania, says Ovidiu Pop, general manager of Verbund Romania, the local subsidiary of Austria’s biggest energy more

01.07.2015

About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy market were more

12.03.2014

Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is set to more

11.14.2014

EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptions in two more

11.04.2014

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 the energy more

08.05.2014

The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local economy, and more

06.04.2014

The European Bank for Reconstruction and Development (EBRD) is granting a EUR57 million loan for the Topolog-Dorobantu wind park, in Tulcea county, developed by LUKERG Renew. more

05.28.2014

Romania has become the 16th most important country for Vestas, Europe’s biggest wind turbine producer, after the Danish company installed another 140 windmills locally in 2013. more

04.03.2014

EDP Renovaveis, the renewable power unit of Energias de Portugal group, completed green power projects worth EUR250 million in Romania last year, according to ZF estimates. more

04.02.2014

Lukerg Renew, a joint venture between Russia's Lukoil and Italian energy group ERG, will borrow EUR67 million to finance a 70-megawatt wind farm in eastern Romania, ERG said in a statement Wednesday. 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

03.06.2014

LUKERG Renew, a joint venture of Russia’s oil group Lukoil and Italy’s renewable energy company ERG Renew, will complete a 84 MW wind farm in Tulcea County (SE Romania) in a month, following more

03.04.2014

Erste Group and Banca Comerciala Romana will provide EUR76 million funds for the construction of the 108 MW wind farm Crucea North, in the Dobrogea region on the Romanian Black Sea coast, while EBRD more

02.05.2014

Romania ranks fifth among the 28 member countries of the European Union in terms of the size of wind farms installed last year. However, investments completed in 2013 are 25% smaller year-on-year. 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

01.12.2014

Investments in wind farms and solar parks could reach EUR3 billion this year after the EUR6 billion invested in Romania in 2009-2013, ZF has calculated based on the information provided by energy more