romania

Thesan (Savio Group) realises 6 photovoltaic power plants in Romania, for a total value of more than 13 million Euros and a total power of 9 MWP

English

Completion of the acquisition and realisation of 6 power plants in Romania.
Total power of 9 MWp.
Operation’s total value of more than 13 million Euros.
After India, development of activities in Brazil.
18 december 2013 – Thesan S:p.A., a company operating worldwide within the renewable energy sector, has completed the acquisition and realisation of 6 power plants in Romania, each of them having a power ranging between 1 MWp and 2.5 MWp. The total value of the operation is more than 13 million euros.

The European Parliament Energy and Environment Committees call for a 2030 binding target for renewables

English

The European Parliament Energy and Environment Committees call for a 2030 binding target for renewables

In a draft resolution adopted today, the European Parliament Committees on Industry, Research and Energy (ITRE) and on Environment, Public Health and Food Safety (ENVI) call for an ambitious and legally-binding 2030 target for renewable energies.

LUKERG completes 82 MW wind farm in Romania

English

LUKERG Renew, the joint venture between Italy’s ERG Renew and Russia’s Lukoil – Ecoenergo, has completed a wind farm in the Romanian region of Tulcea.

The farm was put online last November and is currently in testing stage. The project has an 82 MW installed capacity and is fitted with Vestas turbines, with the company planning to add another 2 MW in the coming months.

The farm will generate 200GWh of electricity yearly, when it reaches full capacity.

Following the completion of the new wind project, LUKERG Renew increased its installed capacity locally to 150MW.

Romania’s president asks for re-examination of bill deferring green certificates

English

Romanian President Traian Basescu asked the Parliament to re-examine the law approving the government emergency ordinance no.57/2013, which defers some green certificates for renewable producers, claiming the European Commission, the executive arm of the EU, was not prenotified regarding the legal changes.

Renewable energy productionin Romania - all-time record last year

English

The renewable energy production reached a record figure at the end of last year, when the total capacity of the projects in the grid exceeded 3,757 MW, 60 per cent higher than in late 2012, according to data released by Transelectrica, Agerpres informs.

Austria’s Egger has completed a 83MW Romanian biomass plant

English

Austria's Egger, the wood processor, has completed a 83MW biomass plant at its site in Romania's Radauti, Suceava County, following a EUR 35 million investment, reports business daily Ziarul Financiar.

The new plant is designed to provide heat and energy on the site, and is fueled by wood waste.

"The Egger plant in Radauti is a strategic location for the Egger group. The company has continued to develop the Radauti plant in a production unit that is completely integrated through the construction of a biomass plant," said Ioan Banciu, technical director at Egger Radauti.

Renewable energy report Romania edition october 2013

English

Nr. 02/2013 October
 
 
1.      Opportunities and projects renewable energy Romania
2.      Market intelligence: news on wind energy solar energy in Romania and other renewable energy projects in Romania
3.      Incubation activities of the chamber for your energy projects
4.      Projects management activities for your energy projects
 
The full report is in anexa 25 pages of market news.
 
1.    Opportunities and projects renewable energy Romania

New legislation green certificates solar and wind romania - translations in english

English

The legislation changed on green certificates.
We have translated the new legislation for you.
 
Read in anxa.

National Bank of Romania reference interest rate set at 4.5% as of 6 August 2013

English

According to the provisions of the Romanian Fiscal Code, the deductibility of interest expenses for RON denominated loans granted by entities other than credit institutions, non-banking financial institutions, legal entities that grant credits according to the law and international development banks is limited to the level of the reference interest rate set by the National Bank of Romania corresponding to the last month of the quarter.

Consequently, from August 2013 the deductibility limit will be set at 4.5%, unless further changes occur by the end of the third quarter.

Pages