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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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Ukraine continues to reduce gas imports from Russia

Ukraine intends to develop several gas routes from Hungary, Poland, Slovakia and Romania and to increase imports from EU countries as it want to reduce imports of expensive gas from Russia. Ukraine has pointed out that a cut in Russian natural gas acquires will be deeper next year than expected, amounting to 24.5 billion cubic meters (bcm).

read more... 19/08/2013

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Enel Green Power has connected its first PV plants in Romania

Italian renewable energy company Enel Green Power SpA (EGP), a subsidiary of the Enel Group has announced it has connected to the grid its first photovoltaic plants in Romania. The two plants of Berceni 1 and Berceni 2, have a combined installed capacity of about 19 MW, are likely to generate almost 29 GWh per year. The plants are located in Prahova County.

read more... 17/07/2013

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Romania: Chevron won the approval to start shale gas exploration

US oil giant Chevron obtained permits to drill exploration wells for shale gas in the areas in eastern Romania. Chevron will explore for shale in three blocks of 670,000 acres near the Black Sea. The permits will consent to Chevron to drill at depths of between 10 and 15 meters within an area that measure 1,800 square kilometers.

read more... 12/07/2013

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