Energy

Skytron Energy has been awarded a 50MWp photovoltaic project by Romanian EPC company LSG Building to provide monitoring and controlling services. Given the challenging Romanian specifications related to the construction of PV power plants, the German company’s support is essential so that the afferent requirements are met....more »

Hidroelectrica concluded contracts worth EUR20 million on the Centralized Market of Bilateral Contracts managed by OPCOM, the Romania’s electricity and natural gas market operator. The said amount was obtained at the auctions OPCOM organized this week, on October 30 shows a company release. ...more »

Astroenergy Solar Netherlands acquired a photovoltaic project of 5.98 MW ACV Solar Technology developed in Cluj County. The Dutch company has been assisted in this transaction by Wolf Theiss Bucharest, states a press release from the law firm....more »

Energreen Investment Europe expects to finalize by the end of this year one of the two solar power plants projects developed in Brasov County, according to Mediafax. The plant has an estimated power of 5 MW and is located in Halchiu, being managed by Elisolar, a local company controlled by the investment group. Same it is Vis Solaris that implemented a photovoltaic project of 17MW, but in Hoghiz....more »

Two days following the inauguration of a photovoltaic park in Magurele, Prahova, the County Council announced that a solar plant intended to ensure the energy independence in the area is going to be established in Cornu. The project is based on European funding through the POS CCE program (Operational Program 'Increase of Economic Competitiveness ) - Priority 4 – increase of energy efficiency and supply security in the context of climate change - and the afferent contract was signed yesterday by the local authorities. ...more »

Hidroelectrica exceeded the performance indicators stipulated on the 2013 budget, in spite of facing a poor year in terms of hydrology, a lower demand on the electricity market and a decrease of the shipping prices, shows a press release....more »

Chevron got a
construction permit for placing the first gas shale exploration well
in Romania, upon state-authorities approved the soil exploration in
Silistea, Vaslui, transmits Mediafax. Having the authorization from
the Vaslui County Council after providing the required documentation,
Chevron is going to start setting up the exploration well in the
area....more »

From the total amount of domestic
consumption between January 1 and August 31, 2013, more than 41.6% is
due to renewable energy....more »

Enel Green Power has
connected its third photovoltaic park to the national electricity
grid upon the company managed to connect the first two parks in July
2013. The operational project for solar energy is located in
Colibasi, Giurgiu county, having an installed capacity of 6.5 MW....more »

Romania's energy market regulator, ANRE, capped at 8.5% the rate of
return (ROR) applied to investments made by electricity suppliers,
cutting down on the previous rate of 10%. The new rate will apply both
to the value of investments distributors in this field will make from
now on and to the regulatory asset base for power distribution.Nonetheless,
there might be added another 0.5% to the new ROR, provided the
distributors direct their investments in smart energy and their
technological consumption goes below the threshold established by ANRE....more »