New “Casa Verde Fotovoltaice” session to launch on September 6
Laurențiu-Adrian Neculaescu, President of the Environmental Fund Administration (AFM), announced that a new session of the “Casa Verde Fotovoltaice” program will commence on September 6,...
Premier Energy Group reports EUR 534.8 million in normalized revenue, EUR 39.9 million in normalized net profit in the first six months of 2024
Premier Energy Group, a key player in the energy market in...
Sebastian Burduja, Minister of Energy: “Almost every day, we sign new financing contracts, and after a year in office, I am pleased with the pace of launching investment programs, evaluating projects, and signing contracts....
Meta Platforms signs agreement for 150 MW geothermal energy with Sage Geosystems
Meta Platforms, the owner of Facebook, has reached an agreement to purchase up to 150 MW of geothermal energy from Sage Geosystems to...
Reţele Electrice Muntenia launches 24 million lei tender for advanced circuit breakers
Reţele Electrice Muntenia has announced a public tender via the SEAP platform for the acquisition of modern equipment, with a budget of up...
Romgaz covers over 45% of domestic gas consumption in H1 2024
Romgaz, Romania’s largest gas producer, supplied more than 45% of the country’s domestic gas consumption in the first half of 2024. The company produced...
The diplomatic daily newspaper Nine O’Clock is a dependable interface between Romania and the world!
The diplomatic newspaper Nine O’Clock is a Romanian newspaper, written exclusively in English. It was founded 33 years ago, in...
OMV announces gas discovery in the Norwegian Sea
Estimated between 30 and 140 million barrels
Austrian energy group OMV has announced the discovery of a new gas reservoir in the Norwegian Sea following the completion of...
Greenhouse gas emissions in the European Union drop by 4% in early 2024
Greenhouse gas emissions from economic activities in the European Union decreased by 4% in the first quarter of 2024 compared to the...
Sebastian Burduja wrote on his Facebook page: “In Romania in 2024, cyberattacks are becoming increasingly complex and unconventional, and the stakes for protecting energy infrastructures are no longer just about defending the technology itself,...
The ROMGAZ and NS-EDGE Partnership Establishes a New Benchmark for Cybersecurity,
by Nine O’Clock
S.N.G.N. Romgaz S.A. (ROMGAZ) hosted this week an important event “NS EDGE CYBERSECURITY SHOWCASE”, thus marking a considerable advance in strengthening the...
Eaton, one of the global leaders in smart energy management, shares some useful tips to keep your electricity bills from reaching exorbitant figures, especially in summer.
It is the middle of summer and the high...
Romania plays a crucial role in the Black Sea region, both as a NATO member and a significant regional energy producer and diplomatic actor. Recently, a major event organized in Bucharest by the Atlantic...
EBRD, together with Eiffel Investment Group, to provide EUR 24.4 million funding to INVL Renewable Energy Fund I for construction of solar power plant in Romania
The European Bank for Reconstruction and Development (EBRD), together...
Distribuție Energie Electrică România secures €200 million in EU grants for network investment
Distribuție Energie Electrică România (DEER) has successfully secured €200 million in non-reimbursable European funding through the Modernization Fund. This amount represents 80%...
Swiss-based renewable energy investment platform Keppel MET Renewables (KMR) underlines its commitment to investing into solar energy: The equal joint venture between integrated energy company MET Group and the Infrastructure Division of Singapore-based Keppel...
Remarks as Delivered by Secretary Jennifer M. Granholm at the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) Business Forum
Thank you so much, Mr. Prime Minister , Mr. Minister , Madam Ambassador , and...
Prime Minister Marcel Ciolacu: Romania continues to be a firm, consistent, and reliable US partner, dedicated to the efforts of strengthening Europe’s energy security.
Prime Minister Marcel Ciolacu and the U.S. Secretary of Energy Jennifer...
Today, at the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) Ministerial in Bucharest, U.S. Secretary of Energy Jennifer Granholm, Under Secretary of State for Arms Control and International Security Bonnie Jenkins, and U.S....
Energy Minister Sebastian Burduja: “Today I participated in two important events that highlight Romania’s role as a central player in the energy sector in the Black Sea region.
At the discussion organized by the Romanian...
U.S. Trade and Development Agency Director Enoh T. Ebong will travel to Bulgaria and Romania from July 20-24 to advance Southeast Europe’s energy security and clean energy transition. In Bulgaria, Director Ebong will award...
On Tuesday, July 23, 2024, through Wednesday, July 24, 2024, U.S. Secretary of Energy Jennifer M. Granholm will travel to Romania to convene the 5th Ministerial Meeting of the Partnership for Transatlantic Energy and...
OMV Petrom, OMV and ACB Participaties B,V, become a shareholder of EIT InnoEnergy, by Nine O’Clock.
OMV Petrom and the parent company OMV entered the InnoEnergy shareholding, joining giants such as ING, Renault, VW, Schneider...
Rețele Electrice secures 1 billion lei investment funding from a bank consortium led by EBRD
Rețele Electrice companies, part of the PPC Group, signed loan agreements worth 1 billion lei on Thursday with a bank...
Minister Sebastian Burduja assures Romanians that the national energy system is secure and there will be no major power outages
Sebastian Burduja, the Minister of Energy, stated that the national energy system is secure and...
Prime Minister Marcel Ciolacu Hello. It is great to meet you here. I think I’ll find out when I get home and I’ll look in the chest of pictures, to see if I was...
OMV Petrom secures its raw material for the production of sustainable fuels
OMV Petrom and Expur (Expur S.A.) concluded a contract for the purchase of fully refined vegetable oil to produce diesel from renewable sources
At...
Bucharest, June 30, 2024
SN Nuclearelectrica SA announces that the works related to the planned planned outage of Cernavoda NPP Unit 1 have been completed and the synchronization to the National Energy System was...
MET Group and ToRa launch development partnership with solar and storage project in Saxony
by Nine O’Clock
MET Group has acquired a 100% stake in a German project company from ToRa GmbH. The project aims to...
THE COMPETITION COUNCIL LAUNCHES INVESTIGATION INTO ELECTRICITY METER READING SERVICES IN ROMANIA
The Competition Council has launched an investigation into possible manipulations of public
tenders organized by certain contracting authorities/entities for the awarding of electricity
meter reading...
Eurowind energy obtains construction permit for the 66 MW Frumușița wind farm in Galați county
Eurowind Energy, the Danish developer and operator of wind, solar, and hybrid projects, has received the construction permit for the...
During the first five days at 16% discount, the IPO of JT Grup Oil, the developer of the most modern private terminal for liquid fuel products at the Black Sea, attracted subscriptions worth 23...
Oil holds steady around three-month lows
Oil prices were stable on Friday but poised to show a weekly loss under pressure from lingering concerns that sticky inflation could prolong higher interest rates and curb fuel...
Fitch Ratings assigned S.N.G.N. Romgaz S.A. a long-term issuer default rating of ‘BBB-‘, with a stable outlook
Societatea Nationala de Gaze Naturale ROMGAZ S.A. (“Romgaz” or “the Company”) informs its shareholders and investors that Fitch...
60 artificial nests placed on high-voltage poles in southern Romania for endangered species Falco Cherrug
A number of 60 artificial nests will be placed on high-voltage poles in the south of the country this year,...
Rețele Electrice companies buy cables and conductors worth about 190 million lei for network modernization projects
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of...
Romania on Monday had the third lowest electricity prices in the EU at EUR 55/MWh, says ministry
Romania on Monday had the lowest electricity prices in its region and the third lowest in the European...
Romania, South Korea sign MoU on nuclear energy bilateral cooperation
Romania and South Korea signed a Memorandum of Understanding on nuclear energy cooperation, which covers the improvement of nuclear equipment, safety and nuclear fuel equipment,...
SMR project in Romania to benefit from highest level of nuclear safety, technological robustness (SNN CEO)
The SMR project in Romania will benefit from the highest level of nuclear safety and technological robustness, said Nuclearelectrica...
Societatea Națională Nuclearelectrica S.A. (SNN) recently visited Doosan Enerbility’s Changwon headquarters as part of the delegation led by Romanian President Klaus Iohannis. The scope of the visit was to assess Doosan’s advanced SMR production...
BCR and Erste Group finance Eurowind Energy’s 48 MW Pecineaga wind farm project
Eurowind Energy, a key player on the European renewable energy market, developer and operator of wind, solar and hybrid projects, has signed...
Greenvolt Group, an international renewable energy company based in Portugal, will participate in the CfD auction organized by Romania this year a 250 MW wind project, company officials said.
“We now have a 250 MW...
The electric mobility company within the PPC group of companies in Romania adopts a new brand identity – PPC blue. The new brand is symbolized by the letter “e” that embodies the qualities of...
Minister of Foreign Affairs Luminița Odobescu met with the Director General of the International Atomic Energy Agency (IAEA), Rafael Grossi, who is visiting Romania.
The Minister of Foreign Affairs underlined the importance of the IAEA’s...
IAEA Director General Rafael Mariano Grossi meets with Romanian Minister of Foreign Affairs Luminița Odobescu during his visit to Bucharest.
IAEA Director General Rafael Mariano Grossi traveled to Bucharest for a two-day visit this week...
The decision to enter Romania, the 10th country in the Group’s expansion plan (Portugal, Spain, Italy, Greece, France, Poland, Irland, UK, Germany) at the European level on this segment, stems from an awareness of...
In an opinion adopted at its March plenary, the European Economic and Social Committee (EESC) underlines that wind power is a key component of the green transition, pointing out the need for expanded and...
Rooftop Solar Surge in the EU is Outpacing Government Policies and Readiness – New Report Finds
• Residential Rooftop Solar installations have soared across the EU, but many Member States still lack a clear strategy...
Gov’t approves solar tax cancellation, updates support scheme for energy consumers
The government adopted on Thursday the Ordinance amending and supplementing Government Emergency Ordinance (OUG) 27/2022 through which it eliminates the solar tax for prosumers...
Prime Minister calls for responsibility on occasion of Earth Hour: Energy sector is of strategic importance
The energy sector is of strategic importance for any country in the world, not only in terms of resources...
Rețele Electrice Banat modernized the Venus primary substation in Timișoara following an investment of 14 million lei
The installed power of the transformer station doubled to 50 Mega Volt Amper (MVA)
Venus primary substation serves...
EnergMin Burduja: Small nuclear reactors mean safe, clean energy at a fair price
Nuclear energy, and especially small modular reactors, are the promise for solving the energy trilemma, because it means safe energy, energy at...
Korkia and Econous Green Energy partner to develop 600 MW of solar power in Romania, according to a company press release.
Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership...
PPC FiberGrid: FTTH to 1.7 m households in 2025
Fiber-to-the-home deployment plan moves ahead with 12 new construction contracts for even faster deployment
In Attica, Thessaloniki, Patras, Heraklion, Volos, Kalamata, Larissa, Ioannina, Corinth, Trikala, Kozani,...
Rețele Electrice Banat runs a tender of almost 37 million lei for the modernization of distribution networks in the Timisoara area
The works will consist in making loops on medium voltage lines, consisting of 20...
In 2024, OMV Petrom will allocate over 8 million lei to the program, which provides access to free medical services for 5,000 rural residents
People from 27 communities will have access to a complex set...
Romania will provide consultancy regarding the modernization of Ecuador’s energy system
The President of the Chamber of Commerce and Industry of Romania, Mr. Mihai Daraban, had, on March 5 this year, a series of working...
The Municipality of Resita lists the first issue of green municipal bonds on the Bucharest Stock Exchange
The bond issue has a value of EUR 8.8mn and a maturity of ten years.
This is the first...
DOMENIILE SALAMEH RENEWABLES received two grid connection approvals from Transelectrica, for the largest solar-wind-storage combined parallel development of renewable energy projects in Romania
As of February 2024, DOMENIILE SALAMEH RENEWABLES, a Constanta based landowner and...
Rețele Electrice Dobrogea completed the modernization of high voltage lines and transformer substations through a project worth approximately 11 million lei co-financed by POIM 2014-2020
Rețele Electrice Dobrogea (part of PPC group, previously called E-Distribuţie...
Rețele Electrice Dobrogea invests over 67 million lei in the modernization of the energy infrastructure in the Năvodari area
Rețele Electrice Dobrogea invests over 67 million lei in the modernization of the Năvodari station...
The launch of Teiuș Photovoltaic Park: A 47 million euro investment for a green future in Alba
Teiuș.Solar, part of the Eurowind Energy group, a Danish developer and operator of wind, solar and hybrid projects,...
🎉 Electrica shares join the FTSE Russell indices starting with March 18.
➡️ Romania will thus have 15 companies in the structure of the indices dedicated to emerging markets.
Alexandru Chiriță, Electrica CEO |
“FTSE Russell’s...
Six sectors are responsible for carbon dioxide emissions from energy use
Emissions trading systems represented the primary tool for reducing carbon emissions in 2021
In the period 2021–2023, the reduction in fuel excise taxes resulted in...
OMV Petrom signs two financing contracts for two green hydrogen production facilities
OMV Petrom has signed two financing contracts under the National Recovery and Resilience Plan (PNRR) for the construction of two production facilities for...
Volker Raffel CEO at E.ON Romania: Today we launched the “Detector for Life” campaign
Volker Raffel CEO at E.ON Romania:: Today we launched the “Detector for Life” campaign, through which E.ON and Delgaz Grid are...
The three Rețele Electrice companies launched a tender with a maximum value of 52.83 million lei for the purchase of medium voltage cells
The procedure covers up to 500 medium voltage cells, equipment used in...
Kilowat: The fire risk of photovoltaic systems is increasing exponentially in Romania, due to the increasingly frequent unauthorized installations on Romanian houses
In the last year, more and more ANRE unauthorized companies have appeared, abusing...
Stagnation in Renewable Installations Despite PNRR Funding
Source: National
Throughout 2023, despite the billions of euros allocated through the National Recovery and Resilience Plan (PNRR), Romania witnessed a concerning trend in renewable energy. The nation managed...
Rețele Electrice Companies attract new European financing, of over 433 million lei, for investments in networks in the 3 electricity distribution regions
The companies will carry out 6 projects, worth about 558.3 million lei, of...
