China General Nuclear Power Corporation this week submitted a binding offer for the project regarding the completion of Units 3 and 4 of the nuclear power plant from Cernavoda. Subsequently, the Government will analyze the offer and will initiat...more »

Electrica’s first General Meeting of Shareholders subsequent to its IPO convened on September 22, 2014 and elected a new management by cumulative vote, as anticipated....more »

Romania falls to the 32nd position in the EY’s report on the attractiveness of investment destinations in terms of renewable energy projects, after being ranked the 31stin the report related to the previous quarter....more »

Romania’s nuclear power producer, Nuclearelectrica, is examining the opportunity emerged following Enel’s announcement on the sale of the Romanian assets, considering the acquisition of some of the distribution operations....more »

Romanian Minister Delegate for Energy, Razvan Nicolescu, is meeting with Enel representatives in Italy to talk about the announced sale of the domestic operations in the energy distribution sector. One of the most important topics is the sale of the 51 percent stake held in Enel Distributie Dobrogea, company which is regarded as a strategic asset, according to Nicolescu who advised the private sector not to submit any takeover offers as the State, through the companies it controls, is interested in take back control on those operations....more »

Germany’s Ministry of Environment supports the development of a 10 MW wind farm in Tomnatic, the Bihor County, through a financing of 3.9 million euro, according to a press release....more »

China General Nuclear Power Corporation (CGN) was declared eligible for continuing the investors’ selection procedure for the project regarding the completion of Units 3 and 4 of the nuclear power plant from Cernavoda. The Chinese corporation was the sole investor submitting the qualification documentation and will be able to access to the data room of this project, Nuclearelectrica announced through a press release....more »

Razvan Nicolescu, the Minister Delegate for Energy, today notified Romania’s Anticorruption Directorate (DNA) on loss of 7 million euro of the Romanian Authority for Nuclear Activities (RAAN) revealed by a report of the ministerial control body from August 19 on RAAN’s activity and contracts for coal processing in 2009-2013, the Department for Energy announces....more »

The state aid scheme aimed at supporting the large energy consumers by cutting down up to 85 percent of the green certificates (GCs) on the electricity bills could be approved by the EU Commission within the coming two weeks, Bogdan Chiritoiu, President of the Romanian Competition Council, told to Agerpres....more »

China National Electric Engineering Corporation (CNEEC) will run a project worth 271 million dollar for the refurbishment of Unit 4 at Deva thermal power plant, also developing the facilities for the operation of Units 3 and 4, reads Mediafax....more »