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Romanian power distributor Premier Energy has acquired an 86 MW solar project in partnership with Motor Oil Renewable Energy Single Member SA, a unit of Greece's Motor Oil Group. The projects, acquired by Premier Energy's subsidiary Alive Renewable Holding, will include battery storage with a combined capacity of 18 MWh. Construction is expected to be completed by the second half of 2025.The acquisition aligns with Premier Energy's strategy to expand in the renewable energy sector and address climate change issues. The company currently owns, manages, or is developing 1 GW of wind and solar assets in Romania and the Republic of Moldova. What is Premier Energy's strategy for expanding in the renewable energy sector? Premier Energy aims to continue acquiring solar and wind projects to increase their renewable energy portfolio. The company plans to focus on projects with battery storage capabilities to enhance grid stability and energy reliability. Premier Energy is exploring opportunities to expand into other renewable energy sources such as hydroelectric and biomass. The company is committed to investing in innovative technologies and solutions to optimize energy production and reduce carbon emissions. Premier Energy is actively seeking partnerships with other renewable energy companies and investors to accelerate their growth in the sector.

Big scale-investments are being made in Serbia, Montenegro, North Macedonia, Romania as well as Greece. Popular companies such as Iberdrola, Enel Green Power,

39 possessed or gotten solar projects in Germany, Italy, the Netherlands, Romania and Poland over of 150MWp ability. The business intends to own and operate

PV and wind under five separate vehicles in Italy, UK, Spain, Bulgaria and Romania: Quercus Renewable Energy (QRE), Quercus Renewable Energy II (QRE II), Quercus

strategy for 2019-2023, the document likewise showed. Electrica, in which the Romanian state possesses a stake of 48.8%, provides services to over 3.8 million

Ready for power? 2021 will bring a surge of grid-connected projects that will transform energy supply. Get the details now!

Romania's energy ministry has launched two calls for projects related to batteries and photovoltaic (PV) panels, with a total value of over EUR 278 million. The calls, supported by European funds, are open from February 8 to March 21. The first call aims to establish a minimum 240 MW/480 MWh battery energy storage capacity by June 2026, with a budget of around EUR 79.6 million. The second call is dedicated to projects supporting investments in the entire value chain of batteries and PV cells and panels, with EUR 149.25 million allocated for new battery production, assembly, and recycling capacities, and EUR 49.75 million for new PV cell and panel capacities. The ministry aims to have at least 2 GW of annual capacity for battery production and/or assembly and recycling, and at least 200 MW of annual capacity for PV production and/or assembly and recycling by June 2026. What are the objectives and budget of Romania's calls for battery and PV projects? The objective of Romania's first call for battery projects is to establish a minimum 240 MW/480 MWh battery energy storage capacity by June 2026. The budget allocated for the first call is approximately EUR 79.6 million. The second call focuses on projects supporting investments in the entire value chain of batteries and PV cells and panels. The budget for the second call includes EUR 149.25 million for new battery production, assembly, and recycling capacities. Additionally, EUR 49.75 million is allocated for new PV cell and panel capacities. The energy ministry aims to achieve at least 2 GW of annual capacity for battery production and/or assembly and recycling by June 2026. The ministry also aims to have at least 200 MW of annual capacity for PV production and/or assembly and recycling by June 2026. Both calls for projects are supported by European funds. The calls are open from February 8 to March 21, allowing interested parties to submit their proposals within this timeframe. The total value of the calls for battery and PV projects is over EUR 278 million.

unit's economic efficiency last year, with the sale of an 89MW portfolio in Romania as well as 100MW in Spain bringing in EUR163 million (US$ 182

(O&M). The Lisbon office is the company's second foreign branch after Romania. Nomad Electric has plans for more international growth in 2023. Pawel

Petrom, Romania's leading oil company, has acquired a 50% stake in Electrocentrale Borzesti, gaining access to a renewable energy portfolio that includes four

was in place.   The group also operates in Germany, Hungary, Poland, Romania, Slovakia and

solar. In Europe, the UK is expected to lead in residential solar while Romania is emerging as a leader in distributed solar projects. With ambitious clean

plans to reduce its workforce by 10% and close two factories in Wisconsin and Romania. This is due to a decrease in demand for rooftop solar products and higher

Romanian state-controlled electricity distribution group Societatea Energetica Electrica SA (BSE: EL), better referred to as Electrica, has actually acquired a business that holds the legal rights to a 12-MW DC/9.75-MW AC solar project in eastern Romania.

on solar-storage projects exceeding 1.5 GW in the UK, Greece, Italy, Spain and Romania. The joint venture Ameresco Sunel Energy has actually currently been chosen