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Iberdrola installs its first offshore HVDC station in the United Kingdom

Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.

Lukoil begins sale of international assets after new US sanctions

Lukoil has started divesting its foreign assets following new US oil sanctions, a move that could reshape its overseas presence and impact supply in key European markets.

Shanghai Electric signs 342 MW deal with Econergy in Romania

Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.
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GE Vernova to supply 42 turbines for a 252 MW wind farm in Romania

GE Vernova will equip the Ialomiţa wind farm with 42 turbines of 6.1 MW, strengthening its presence in the European onshore wind sector with a 252 MW project in partnership with Greenvolt.

CWP Europe secures Brussels’ support for 1 GW energy projects in the Balkans

CWP Europe formalised two major projects in Albania and Montenegro with backing from the European Commission, reinforcing the Balkans’ integration into the European energy market.

StarCharge signs 500MWh contract with ENERGY INVESTMENT LLC in Eastern Europe

StarCharge has secured a 500MWh energy storage order through a strategic agreement with ENERGY INVESTMENT LLC, strengthening its position in rapidly evolving Eastern European markets.
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Elawan wins 92MW wind capacity in Romania under 15-year public contract

Elawan Energy secured two wind power projects totalling 92MW in Romania through a long-term public contract, strengthening its presence in the region with operations scheduled to begin in 2028.

Metacon finalises EUR7.1mn hydrogen contract with Elektra in Romania

Swedish firm Metacon has secured a EUR7.1mn ($7.7mn) contract to deliver a 7.5 MW electrolysis plant to Elektra Power SRL, marking its operational entry into the Romanian market.

HiTHIUM signs 2GWh deal with Solarpro for large-scale storage projects in Eastern Europe

Storage provider HiTHIUM will supply 2GWh of batteries to Solarpro for multiple large-scale projects across the Balkans and Central Europe.
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Nuclearelectrica secures €620mn for strategic Cernavoda projects

Romanian producer Nuclearelectrica has secured €620mn in funding to modernise Cernavoda unit 1 and launch the next phase of units 3 and 4, backed by a banking syndicate led by JP Morgan.

Washington approves $130mn project to connect Moldova’s grid to Europe

The United States is funding a new high-voltage line to integrate Moldova into the European electricity market, following the cutoff of supplies from the separatist Transnistria region.

Bringing forward the EU gas ban would push up TTF in Central Europe

Starting the ban on Russian gas as early as 2026 would raise benchmark prices, with a spread close to $1/MMBTU in 2026–2027 and spikes above $20/MMBTU in Austria, Hungary and Slovakia, amid tight regional supply and limited LNG availability.
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Romania negotiates with Brussels to extend coal plants until 2031

The Romanian government is asking the European Union for a five-year delay on the closure of 2.6 gigawatts of coal capacity, citing delays in bringing gas and solar alternatives online.

Shikun & Binui commissions a 71 MW solar power plant in Romania

Israeli group Shikun & Binui begins commercial operation of its first photovoltaic park in Romania, a 71 MW facility located in Satu Mare County.

OSW raises USD 5.5 million to support its global solar market expansion

Australian distributor OSW secures strategic funding to accelerate U.S. growth and deploy its digital solar project management platform.
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Photon Energy Group posts 7.5% growth despite declining EBITDA

Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.

Rezolv Energy secures 731MW in Romania’s public-backed renewables auction

Rezolv Energy won three contracts for difference totalling 731MW in Romania’s second auction, supported by public financing mechanisms for renewable energy.

The Alexandroupolis FSRU Restarts at Reduced Capacity in a Reshaping Regional Market

After a prolonged technical shutdown, the Greek floating terminal resumes operations at 25% capacity, with near-saturated reserved capacity and an expanded role in exports to Southeast Europe.
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The Black Sea Defies Financial Obstacles to Become Europe’s Gas Hub

Giant discoveries are transforming the Black Sea into an alternative to Russian gas, despite colossal technical challenges related to hydrogen sulfide and Ukrainian geopolitical tensions.

Naftogaz signs first Transbalkan gas deal with Azerbaijani SOCAR

Naftogaz and the State Oil Company of the Republic of Azerbaijan (SOCAR) have formalised an initial contract for natural gas delivery via the Transbalkan corridor, opening new logistical perspectives for Ukraine’s energy supply.
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EU invests €2.967 billion to modernize energy systems in 10 countries

The European Commission is allocating nearly 3 billion euros to support 39 energy projects in 10 member states, aimed at modernizing infrastructures and reducing CO2 emissions.
Modernisation systèmes énergétiques

Renalfa inaugurates a 25 MW/55 MWh energy storage system in Bulgaria

Renalfa IPP launches a 25 MW/55 MWh energy storage battery in Razlog, Bulgaria, marking a major step forward in energy storage in Eastern Europe.
Renalfa inaugure un système de stockage d’énergie de 25 MW/55 MWh en Bulgarie.

Rezolv Energy and Low Carbon secure €291 million for wind farm in Romania

Rezolv Energy and Low Carbon, through their subsidiary First Looks Solutions S.R.L., have secured loan facilities of up to 291 million euros to finance the first construction phase of the VIFOR wind farm in Romania.
Parc éolien Roumanie Rezolv Energy Low Carbon

OMV Petrom validates €750 million investment in sustainable fuels

By investing 750 million euros in a new plant at Petrobrazi, OMV Petrom, the energy leader in Southeast Europe, is positioning itself as a future major player in biofuels.
OMV Petrom valide 750 M€ d'investissement dans les carburants durables.

OMV Petrom acquires 50% of new photovoltaic projects in Romania

OMV Petrom strengthens its partnership with Renovatio by acquiring a 50% stake in photovoltaic projects totalling 130 MW, increasing their joint portfolio to over 1.1 GW.
OMV Petrom Renovatio acquisition

USA supports deployment of SMR in Ghana

The United States is advancing the deployment of small modular reactors in Ghana through key agreements, an SMR training center and a welding certification program, positioning Ghana as a regional hub for SMRs.
USA soutient déploiement SMR Ghana

Zion Oil & Gas launches reactivation of the MJ-01 well in Israel

Zion Oil & Gas starts recompletion operations on its MJ-01 well in Israel, despite logistical challenges linked to the ongoing conflict.
reactivation well MJ-01 Israel

Atlantica Sustainable Infrastructure acquired by Energy Capital Partners

Energy Capital Partners acquires Atlantica Sustainable Infrastructure for $22 per share, valuing the company at $2.5 billion. This transaction, supported by the company's main shareholders, is designed to strengthen the company's green growth.
Atlantica Sustainable Infrastructure acquired by Energy Capital Partners for $2.5 billion.

EBRD buys stake in Premier Energy

European Bank for Reconstruction and Development (EBRD) becomes a shareholder in Premier Energy PLC, supporting the expansion of renewable energy production capacity in Romania and Moldova.
EBRD Acquires Stake in Premier Energy to Support Renewable Energy.

Project for a new hydroelectric power station on the Danube

Romania plans to join Serbia in building a third hydroelectric power station on the Danube, an ambitious but controversial project due to its environmental and navigability impacts.

Photon Energy: €15m for solar farms in Romania

Photon Energy has signed a €15 million loan agreement with the EBRD to finance the construction of six solar farms in Romania, strengthening its integrated business model.
La Roumanie développe son parc Photovoltaïque.

EU: China withdraws from solar project in Romania following investigations

The European Commission announces the withdrawal of two Chinese giants from a Romanian tender for a photovoltaic park, following anti-subsidy investigations.
Union européenne Entreprises Chine Solaire Enquêtes

Saint-Gobain signs a PPA in Romania

Saint-Gobain signs a major five-year renewable electricity purchase agreement in Romania, a crucial milestone on the road to zero-carbon emissions.
Saint-Gobain PPA Roumanie

Russian gas pipeline: reduced flows to Europe in April

In April, Russian gas flows to Europe declined, with a notable reduction via the TurkStream pipeline.
Flux Gaziers Russes Réduits

R.Power expands into Romania for New Solar Projects

R.Power launches an ambitious solar portfolio in Romania, promising a significant increase in clean energy production with over 1.2 GWp under development.
R.Power renforce sa présence en Roumanie avec un vaste portefeuille de projets solaires prometteurs et des partenariats stratégiques.

Hidroelectrica and Masdar strengthen their partnership

A delegation from Hidroelectrica, led by Karoly Borbely, is taking part in an official visit to the United Arab Emirates from April 17 to 19, 2024. This visit marks a milestone in the strengthening of energy relations between Romania and the United Arab Emirates.
Hidroelectrica Masdar partenariat

PPC Group-MYTILINEOS agreement for 2000 MW of solar projects in Europe

PPC Group and MYTILINEOS sign an agreement to develop up to 2,000 MW of solar projects in Italy, Bulgaria, Croatia and Romania, valued at 2 billion euros.
Accord PPC MYTILINEOS solaire

China “very concerned” about EU investigation into its wind turbine manufacturers

China expresses concern at EU measures to investigate its wind turbine manufacturers for anti-competitive practices.
Chine critique enquête UE subventions

Moldova: a power line to reduce dependence on Russia

Moldova is starting work to connect its power grid to that of Romania, with the aim of reducing its dependence on Russian energy.
Ligne électrique Moldavie Roumanie

EU launches anti-subsidy investigation against China for wind energy

Margrethe Vestager announces an EU investigation into Chinese wind turbine manufacturers, suspected of distorting competition in Europe.
UE Enquête Subventions éolien Chine
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