Canadian renewables developer and asset owner Grasshopper Energy has signed an agreement that could support the development of up to 1GW of solar in Romania by 2030. The deal with entrepreneur Stefan Sturdza covers the development, construction and operation of solar projects in the country and is said to require investments of around USD 1 billion. Canada-headquartered Grasshopper Energy said the partnership represents the first stage of its goal in helping Romania reach its renewables targets. "Grasshopper is honoured to play a role in providing Romania with the latest clean energy infrastructure innovation and to support Romania and Europe in combating climate change," CEO Azeem Qureshi said quoted by Pv-tech.org. Having reached 1.4GW of installed solar at the end of 2020, Romania is looking to have 5.1GW of deployed solar by 2030 as part of efforts to generate 30.7% of its energy needs from renewable sources by the end of the decade. Recent months have seen R.Power enter Romania's solar market with plans for a 100MW PV plant, while developers Econergy and Nofar Energy have acquired a 155MW ready-to-build park that they said will be the country's largest solar installation to date.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
