The European Bank for Reconstruction and Development (EBRD) announced on Thursday that supported Romania to deliver its second successful renewable energy auction under the Contracts for Difference (CfD) scheme, completed in August 2025, according to a ERBD release.The second auction awarded 2,751 MW of CfD-backed capacity, bringing the combined total from Romania's first and second auctions to 4.2 GW, surpassing the national target of 3.5 GW set under Romania's Recovery and Resilience Plan (PNRR).Supporting the green transition is a major focus for the EBRD in Romania. The EBRD worked closely with the Ministry of Energy in order to develop the CfD scheme and auction framework, providing technical assistance, policy design, and implementation support. With CfD now proven as a reliable framework, Romania has the potential to position itself as a regional leader in delivering affordable, secure and sustainable energy."We are proud of the strong partnership we have fostered in this sector and congratulate our Romanian colleagues on the successful second auction. This highlights the Ministry of Energy's commitment to competitive auctions and well-structured support mechanisms, and it sets the stage for further progress, including the development of storage support schemes," EBRD Director, Romania, Victoria Zinchuk stated.Since 2024, the EBRD financed nearly 2 GW of renewable capacity in Romania. These investments, amounting to over ?350 million from the Bank's own funds, have mobilised almost ?1.25 billion of external financing.Overall, the EBRD has invested almost ?12 billion in 569 projects in Romania to date.
Warner Bros. Discovery announced a new partnership with Edenred Romania, allowing users of the Edenred Benefit platform to subscribe to HBO Max directly through their employee benefits account. The collaboration aims to make premium entertainment more accessible to employees across Romania, the companies said. Starting October 10, Edenred Benefit users...
This year’s pilgrimage occasioned by the feast of Saint Dimitrie the New, Protector of Bucharest, will take place from October 19 to 29. The event is one of the most significant for the Romanian Orthodox Church in the capital. The faithful will be able to venerate, aside from the Holy Relics of Saint Dimitrie the […]
Classic Unlimited, the well-known organizer of classical music concerts in Romania, announced the launch of a new series of events dedicated to babies, pregnant women, and families, named Classic for Babies. Concerts with interactive sessions will take place in Cluj-Napoca (November 9), Sibiu (November 3), and Târgu Mureș (November 7), with two sessions per day, […]
More than one in three children in Romania, roughly 1.25 million, live in poverty, and the percentage rises dramatically to 75.8% for those whose parents have a low level of education, according to 2024 Eurostat data cited by Save the Children Romania. Children in rural areas face a much higher risk of poverty or social […]
Wizz Air has expanded its base at Timișoara International Airport, in western Romania, by adding a third aircraft and launching five new routes this month. The expansion marks another milestone for the carrier, which has transported more than nine million passengers to and from Timișoara since beginning operations there in 2008. Starting this week, passengers […]
Tech giant Apple announced a major expansion of its clean energy projects across Europe with new large-scale solar and wind farms under development in Romania, Greece, Italy, Latvia, and Poland. The local project is located in Galați County. Together with a newly operational solar array in Spain, the projects announced on Tuesday, October 14, will...
