The minister of energy, Sebastian Burduja signed on the occastion of his visit to the United States of America a letter of intent with Lockheed Martin, the first step towards the development of technology for the production of GridStar Flow batteries (redox flow battery) in Romania. ‘On the occasion of my visit to the USA, I signed in Boston a letter of intent with Lockheed Martin, American top company in aerospace, military and energy domains. It is the first step for the development of technology for the production of batteries in Romania. And not only batteries, but batteries of the last generation produced by Lockheed Martin, GridStar Flow ( redox flow batteries) an innovative solution for energy storage for utility, commercial, industrial and military applications. It is a cost-effective and efficient long-term technology with an operational lifetime of 20 years and, importantly, it is not dependent on critical raw materials and is environmentally friendly’ the minister wrote on his Facebook page on Sunday.Burduja said that the American company tries to establish strategic partnerships to develop production capacities for GridStar Flow on the markets in the whole world. ‘They chose to explore Romania due to its strategic position, of its production capacity, of the competence of our engineers, but especially as we have the potential to become a European leader in the domain of energy security and long-term energy storage. Everything means well-paid jobs, prestige and value-added exports for Romania. I saw such a storage capacity in batteries near Boston. It works perfectly, at the Lockheed Martin standards. We can develop in our country a production unit to become a single supplier of GridStar flow in the EU and in the region. The batteries storage is more and more important for the national energy system, in the context of increasing the share of intermittent renewable energy production’ explained the minister of energy.He mentioned that starting with the period of his previous mandate as minister of research, innovation and digitization he collaborated with Lockheed Martin, the American company as he started a partnership with the Technical University in Cluj Napoca for the development of solutions based on Artificial Intelligence. ‘It is the second centre for research-development of Lockheed Martin in the whole world, after the laboratory in Australia’ said Sebastian Burduja on the social media network. (Photo:https://www.facebook.com/)
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
