President Klaus Iohannis signed on Wednesday the decree regarding the promulgation of the law for the ratification of the framework on the establishment of the International Solar Allaince (ISA).The respective framework was open for signing in Marrakesh, on 15th November 2016 and signed by Romania in Dubai, the United Arab Emirates on 3 December 2023.ISA was set up on 30 November 2015 in Paris, on the joint initiative of the President of France and the Prime Minister of India, as a coalition of solar-rich countries to address their energy needs. According to the explanatory memorandum submitted to Parliament, once it enters into force, the Framework Agreement will ensure the strengthening of cooperation in the field of solar energy between Romania and the ISA member states, with a view to transforming our country's energy sector by diversifying energy supply sources and routes. The increase in the share of renewable energy resources in energy consumption, which is linked to the phasing out of coal, foresees a renewable energy target for Romania of 30.7% in 2030. The document shows that Romania is a country with significant solar resources, with over 210 sunny days per year, according to statistics. In support of decarbonisation, the investment needs in additional solar generation capacity are expected to be 3.7GW over the coming years until 2030. In total, almost 120 countries have signed the ISA accession agreement and almost 100 have also deposited an instrument of ratification.
The Romanian stock market benchmark – the BET Index – officially crossed the 20,000-point threshold on Tuesday, July 25, 2025, marking a major milestone in its recent surge. The BET has gained about 7.5% in the last month, setting several new record highs on its path to 20,000 points. However, the Bucharest Stock Exchange’s recent […]
If you operate as a crypto broker, you might have come across a crypto broker program — a specialized service designed to enhance broker operations, expand service offerings, and optimize how they serve their end clients. These platforms have grown in popularity, offering streamlined access to the digital asset space with tools designed to suit both […]
For its 2025-2026 season, the George Enescu Philharmonic will bring to Bucharest more than 70 Romanian and foreign conductors and soloists of top level, 75% of whom are present for the first time in its artistic programming, the institution said. Among the names that will take the stage of the Romanian Athenaeum in Bucharest starting this […]
The Neuman House, a protocol residence for former communist dictator Nicolae Ceaușescu situated in the city of Arad, in western Romania, is up for sale for EUR 2.4 million, according to an online listing by an international agency specializing in luxury property brokerage cited by Agerpres. The building belonged to the noble Neuman...
During a press conference held on Tuesday, July 29, Romanian prime minister Ilie Bolojan presented the main measures from the magistrates' pension reform project, which will be included in the third fiscal package. The project includes raising the retirement age and capping pensions. The reform is urgent and necessary, said the official, who also warned […]
UNICEF has launched the Romanian-language version of the podcast On My Mind (În Mintea mea), created to support young people's mental health, with the support of global streaming platform Spotify. The Romanian-language version of the podcast complements the work carried out by UNICEF in Romania, which is currently implementing an initiative aimed at promoting the […]
