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Romania will raise gas prices in April

Regulated natural gas prices in Romania will see an increase of 2% for households and 5% for industrial consumers starting from April, as part of a broader plan to liberalize energy markets, as stated on Thursday by Nicolae Havrilet, the chief of energy regulator ANRE. He also declared that electricity prices will remain stable.

read more... 21/03/2014

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German STEAG to receive funding for Romania wind farm

STEAG GmbH, one of Germany’s largest electricity producers, will get funds for 108 MW wind energy farm estimated at a cost of 200 million euro ($275.47 million), located in southeastern Romania, in the province of Dobrogea, as stated by the European Bank for Reconstruction and Development (EBRD) on Tuesday.

read more... 05/03/2014

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Romania: Chevron forced to suspend shale gas explorations

US oil major Chevron halted exploration works for shale gas in eastern Romania for the second time in two months, as a lot of people gathered to protest against government support for shale gas exploration and separate plans to set up Europe’s largest open-cast gold mine in a small Carpathian town.

read more... 10/12/2013

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EIB to finance Enel Green Power projects in Romania

The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.

read more... 09/12/2013

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Enel Green Power has connected a new PV plant in Romania

Italian-based Enel Green Power (EGP) has connected to the grid the Colibasi photovoltaic (PV) plant, sited in Giurgiu, with a total installed capacity of 6.5 MW bringing the EGP’s Romanian installed solar capacity up to about 26 MW.

read more... 11/10/2013

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