Israeli renewables company Nofar Energy is set to secure a EUR 68 million loan from the European Bank for Reconstruction and Development (EBRD) for three large-scale photovoltaic projects in Romania, with a combined capacity of 515 MW, including the 265.5 MW Corbii Mari solar park, https://balkangreenenergynews.com/ informs. The EBRD’s loan, with an expected approval date of September 10, 2025, will be disbursed to Nofar’s three Romanian subsidiaries – Corbii Mari Solar Plant, Aviv Renewable Investment, and Slobozia Solar Plant. Nofar’s firms intend to build a 175.7 MW solar farm in Iepuresti, a 74 MW solar farm in Slobozia, both in Giurgiu county, and a 265.5 MW solar farm in Corbii Mari, Dambovita county, according to the EBRD. The three solar parks are expected to generate 676 GWh of electricity annually. Their operation is expected to reduce CO2 emissions by 280,000 tons annually, the bank noted. The three solar parks are expected to produce 676 GWh a year The Corbii Mari solar park, spanning a total of 290 hectares, would be located near the Romanian capital, Bucharest. Given its size, the project is divided into six lots, Romanian news portal Profit.ro reported. Nofar operates the largest existing photovoltaic park in Romania, of 155 MW, located in Ratesti in Arges county. Nofar’s 155 MW solar park in Ratesti is currently the largest in Romania There are other major photovoltaic projects in Romania larger than Corbii Mari, in various stages of development, including one of over 1 GW, under development in Arad county by Czech company Rezolv Energy. Ingka Investments, the investment division of Sweden-based Ingka Holding, the largest IKEA franchisee company, is building its first solar power plant in Romania. The Butimanu project is for 300 MW in peak capacity, it recently said. Nofar is also developing the Ghimpati solar project near Bucharest, with an installed capacity of 146 MW. Earlier this year, the Israeli company said it had connected to the electricity grid its solar park in Ada, the largest such system in neighboring Serbia.
Romanian gas producer Romgaz (BVB: SNG) has filed an action with the European Court of Justice against the European Commission, requesting the annulment of certain regulations that impose CO2 storage quotas on oil and gas companies. The company considers the quotas disproportionate. It is the first time that Romgaz has initiated a direct action against […]
Bucharest residents can donate clothes in good condition, non-perishable food, and toys for the families affected by the explosion that left 3 dead and many others injured, and nearly collapsed the apartment building in District 5 on Friday, October 17. "Following the devastating explosion in District 5, entire families have been left without housing, and […]
RoPower Nuclear, the developer of the SMR (small modular reactor) project in Doiceşti, Romania, announced the signing of a contract with Studsvik Scandpower, one of the global leaders in software dedicated to nuclear fuel analysis, on Friday, October 17. The president of the Swedish group emphasized that Romania is setting an important precedent for the […]
Energy regulator ANRE has launched an investigation into whether the gas distributor followed proper safety procedures before the powerful explosion that killed three people and injured others at an apartment building in Bucharest’s Rahova district on Friday morning, October 17. According to
In the first half of 2025, Romania ranked 52nd worldwide among the countries most frequently affected by cyber activities, according to the new Microsoft Digital Defense Report. The sixth annual report, covering trends from July 2024 to June 2025, emphasizes that traditional security measures are no longer sufficient. Modern defenses and strong collaboration between industries […]
Via Transilvanica, the long-distance trail that traverses Romania’s cultural, historical, and natural landscapes, has been awarded silver in the “Peace, understanding and inclusion” category at the 2025 Europe Responsible Tourism Awards. The initiative is organized by the International Centre for Responsible Tourism Global (ICRT Global). The award ceremony took place at the Press Club Brussels […]
