Renewables, the fourth biggest renewable energy producer in the world, with projects of renewable energy in Romania, announced on Wednesday that they implement a new operating model. As part of their business plan for 2021 – 2025, EDPR means to implement 20 GW new capacity, with supplementary capital investment of 19 billion euro and an organization of 3,000 employees. ‘This includes the extension of the market at global level, including through acquisition of Sunseap which will allow the group to extend its geographic presence on 26 markets. Similarly, the new operating model includes the growth of the share of the solar energy and other new technologies production, such as storage of energy and green hydrogen’ the company announces. The operating model will organise EDPR over three regions: Europe- Latin America, North America and Asia-Pacific, followed by integrated approach of the global functions as centres of excellence such as Acquisitions, Investments and Technical Engineering, where the company may put to value its global footprint to support its competitive advantage. Miguel Stilwell d’Andrade (CEO) and Rui Teixeira (CFO) will work with the people nominated as COO for the three regions, Duarte Bello, leader in Europe and Latin America, Pedro Vasconcelor, leader in the Asia-Pacific region, Sandhya Ganapathy, leader in North America, as well as together with Bautista Rodriguez, Chief Technical Officer (CTO) and in charge with the offshore business through JV Ocean Winds of EDPR. By means of the new organisational structure and the nominations in the management team, the company consolidates its basic regions to stimulate growth, and to strengthen its position as a leader on these markets. EDPR accelerated its growth in 2021 by adding 2.5 GW of new capacities over the first nine months, getting the installed aggregated capacity to 13 GW. EDP Renewables (Euronext: EDPR) is a world leader in the sector of energy from renewable sources and the fourth biggest producer of energy from renewable sources in the world. With definite development, shares of first class and operational capacity as a market leader, EDPR had an exceptional development over the last years and it is present on 26 international markets in Europe, Latin America, North America and Asia. EDP, the main shareholder of EDPR is a global energy company and a leader in adding value, innovation and sustainability. EDP was included in the Sustainability Index Dow Jones for a period of 14 years in a row and was recently acknowledged as being the most sustainable electrical utility in the world in the Dow Jones index.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
