European Energy has received grid connection approvals for around 500 MW of solar and wind energy projects across, https://energycentral.com/ informs. These approvals bring the projects closer to the ready-to-build stage. The total development pipeline for European Energy Romania now exceeds 1.5 GW of solar and wind projects. European Energy is in working process to receive grid connection approvals for the remaining projects in the near future, which is an important step in project development, moving these initiatives closer to a ready-to-build stage. “We consider a very promising market. The upcoming auction for Contract for Difference outlined in the Romanian renewable energy support scheme, totalling five GW, will unlock the implementation of more wind and solar projects,” says Ioannis Kalapodas, Head of European Energy’s office. As of the end of 2023, has 11.7 GW of renewable energy capacity either built or which have grid connection approval, according to the . Renewable energy, as part of Romania’s Green Transition, offers numerous benefits, including cleaner and cheaper electricity for consumers. Additionally, it provides economic advantages for farmers and landowners, local businesses, communities, and citizens through increased tax revenue and new jobs in environmentally friendly investments. “Securing 500 MW of grid connection approvals is a step towards achieving a leading position in the market. can foster a new progressive stream of renewable energy development under the recently launched support scheme for Contracts for Difference,” says Thorvald Spanggaard, Executive Vice President and Head of at European Energy. European Energy estimates that hybrid projects, which include a mix of solar, wind, and battery storage technologies, could drive the development of renewable energy in . Another initiative that could spur this development is the establishment of clear regulations for guarantees of origin, which would stimulate corporate power purchase agreements in the country.
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]
In a ruling handed down on Tuesday, May 13, the Bucharest Court of Appeal rejected a request by US authorities for the extradition of a 17-year-old Romanian student. The youth is accused of sending hundreds of bomb threats and manipulating underage girls into engaging in acts of extreme violence, sexual exploitation, and self-harm. Aside from […]
Accor, a global leader in hospitality, has announced the expansion of its presence in Romania by signing a franchise agreement with Amazonia Aquapark SRL for Novotel Timișoara. The newly built hotel is scheduled to open by the end of 2027, marking the brand's first property outside Bucharest and becoming a flagship for Novotel in Eastern […]
A survey published on Wednesday, May 14, by the Open Minds Association shows that Romanians strongly support respect and mutual support in the workplace, signaling that the business environment can play a critical role in supporting social unity. According to the first data set from the “Diversity and Inclusion Barometer,” May 2025 edition, 81% of […]
Eight of the largest business organizations active in Romania have voiced their concern over the accelerating deterioration of the business climate and the erosion of Romania’s credibility. The call is signed by AmCham Romania – American Chamber of Commerce in Romania, AOAR – Association of Romanian Businessmen, AHK – Romanian-German Chamber of Commerce and Industry, […]
