OMV petrom begins the execution of its first photovoltaic project, as the company awarded the EPPCC contract for the photovoltaic plant in Isalnita to an association of Romanian companies, according to an OMV Petrom press release.OMV Petrom, the largest integrated energy producer in Southeastern Europe, signed an EPCC - Engineering & Design, Procurement, Execution & Commissioning - type contract for the Isalnita solar project. The contract includes the construction of the photovoltaic park, the 110 kV power station for connection to the grid, as well as the operation and maintenance for a period of 2 years from commissioning.The contract was awarded to the association of Romanian companies Actual Connect S.R.L., Global Technical Systems S.A., Bit Invest S.R.L. and Alpin Sun S.R.L. following a competitive selection process. The association of companies accumulates an experience of over 700 MW installed in photovoltaic systems in countries such as Belgium, the Netherlands, Germany, Austria, Hungary and Romania, the press release reads."The signing of this contract marks a significant moment for our company, the start of the actual construction of the first large photovoltaic project fully developed by OMV Petrom. This project underlines our commitment to the renewable energy sector and demonstrates our ability to be leaders in the energy transition in Romania," said Franck Neel, OMV Petrom Executive Board Member responsible for Gas & Power, as quoted in the release.The Isalnita photovoltaic project, for which the final investment decision was taken in June of this year, is the first large-scale photovoltaic project fully developed by OMV Petrom. The park will have an installed capacity of approximately 89 MWp and is located in Isalnita commune, Dolj county. The estimated annual production will be approximately 130 GWh.The next step in this project is the start of construction, with completion and commissioning expected to take place in the first half of 2026.This project supports OMV Petrom's goal of having a portfolio of 2.5 GW of renewable energy projects, together with partners. The Isalnita photovoltaic power plant can develop strong synergies with other projects already in the portfolio, strengthening the security of electricity supply from renewable sources, the release also shows.Also, as part of the call for projects within Romania's National Recovery and Resilience Plan (PNRR), OMV Petrom has submitted a project to build a Battery Energy Storage System with a storage capacity of 36 MWh and a power injection into the grid of 18 MW. If successful, the system is to be installed within the Isalnita park, the company points out.
Bucharest has cemented its place as the most expensive city in Romania for renters, with price gaps between luxury and working-class districts reaching as much as EUR 2,500 a month, according to an analysis by Imobiliare.ro, quoted by news agency Agerpres. In Primăverii, for example, the capital’s most exclusive neighborhood, monthly...
President Nicușor Dan, currently on holiday with his family in the Romanian mountains, appealed to Romanians to spend their holidays in the country. In a video posted on social media, he said that the most beautiful places he visited are those in Romania. “The most beautiful places I have visited with my family are those here, […]
Romania saw an increase in newly established companies that far exceeded the EU average in the second quarter of 2025, according to data published on Monday, August 18, by Eurostat. According to these data, from the first quarter to the second quarter of 2025, the largest increases in the establishment of new companies...
A new interactive map is bringing Romania’s street art scene into focus, documenting murals and urban art interventions across major cities and smaller towns. The Romanian Street Art Map highlights works from Bucharest, Cluj-Napoca, Iași, Timișoara, Sibiu, Constanța, Brașov, Craiova, Ploiești, Bacău, Reșița, and even seaside destinations such as Vama Veche, offering both locals and […]
Bucharest will see extensive traffic restrictions on August 31 as the capital hosts the fourth edition of L’Étape Romania by Tour de France. Several major boulevards and central streets will be closed between 07:00 and 14:00 to allow more than 2,500 cyclists to take part in the event, the organizers said. The closures will affect […]
BT Arena, in Romania’s Cluj-Napoca, is set to host a disco and eurodance blast from the past with internationally famous bands during the DISCOTECA ‘80-’90 event in September. Vengaboys, Blue, Mr. President, 2 Unlimited, Bonnie Tyler, Boney M with Liz Mitchell & Band, Samantha Fox, Sabrina, and others will take the stage during the third […]
