Nuclearelectrica fights back by suing the National Energy Regulatory Authority (ANRE) after the latter established a fixed-price for delivering electricity, compelling the energy producer to sell electricity at a lower price than the regular one on the market. According to a press release submitted to the Bucharest Stock Exchange, Nuclearelectrica filed last Thursday, January 23, a complaint with the Bucharest Court of Appeal, in that respect....more »

Oltenia Energy Complex (CEO), the state-owned energy producer, plans to sell 60 million euro worth electricity on the Centralized Market of Bilateral Contracts managed by OPCOM through 11 auctions scheduled today. There will be a total of 1.48 TW available for purchase, with a price ranging from about 40.55 euro to nearly 41 euro per MW, depending on the energy package size put on sale....more »

The Austrian group EGGER has finalized the largest biomass power plant in Romania at its plant in Radauti, Suceava County. The facility has an installed capacity of 83 MW and was supported by an investment worth 35 million euro from the group’s own funds. By developing this project, EGGER aims at transforming the Radauti facility into an integrated production site, at the same time reducing the consumption of fossil fuel and securing its competitiveness and long-term viability....more »

Chinese-based company Unisun Energy completed three solar power units in Brasov and Cluj counties, in Transilvania region. The plants which have a total installed capacity of 19.59 MW are estimated to generate yearly up to 8 million euro profit resulting from green certificates trading and energy sales, according to the company. Unisun also announced that all three PV plants have already been connected to the power grid. ...more »

The Romanian subsidiary of the Russian oil group Lukoil received from ANRE, the National Regulatory Authority for Energy, the construction permit for a solar park at the Petrotel-Lukoil oil refinery in Ploiesti....more »

Almost 24 years after construction started, Hidroelectrica inaugurated yesterday the Racovita Hydroelectric Power Plant, although, it will be effectively operational as from the beginning of the next year, upon a testing period. It is the 27th power plant already inaugurated out of 30 other power production facilities included in the project concerning the hydro-energetic development on the Olt river....more »

EPC contractor Martifer Solar, the Romanian subsidiary of Martifer SGPS has completed the construction of two photovoltaic plants – one with an installed capacity of 2.03MW located in Halchiu, Brasov County and other of 3.38MW in Magurele, near Bucharest. The project was developed for Eurowind Energy A/S, Martifer being responsible for the engineering, procurement and construction of the two PV plants....more »

Hidroelectrica’s recently appointed Supervisory Board had its first meeting on December 3, 2013, George Cristodorescu being elected as president. Cristodorescu is E.ON Romania former Deputy Director – he held this position until September, this year – a German citizen with a bachelor’s degree in economics – business administration at Worms University in Germany....more »

Hidroelectrica’s General Meeting of Shareholders approved a new stage of the strategy that implies the selling of some of the micro hydros from its portfolio. There are 14 hydro powers divided in seven assets packages that will be on sale through an open outcry auction which will be conducted on January 23 and 24, 2014. According to the informing published by Hidroelectrica on its website, the starting price for the full package being approximately 10.4 million euro (46.2 million lei)....more »

After connecting the Colibasi photovoltaic plant to the national power grid in early October, Enel Green Power (EGP) checks another functional solar plant that has been connected to the domestic grid recently, a press release announces. This is the company’s fourth PV plant in Romania and is located in Podari, Dolj County, having a capacity of 10MW. ...more »