A new wind power plant, with an installed capacity of 140 MW, in Deleni commune, eastern Vaslui county, is added to the organic development of the portfolio of renewable energy sources of PPC Renewables, reaching the construction phase, the company informs in a press release.The new wind farm is designed with 23 6.1 MW GE Vernova turbines and will be connected to the grid by the end of 2025. Given the high wind potential of the region, the estimated annual generation of the plant is approximately 370 GWh per year. Once operational, CO2 emissions will be reduced annually by 215,000 tons. Upon completion, the project is expected to provide enough energy to power the equivalent of approximately 62,000 households, the quoted source points out.PPC Renewables operates an existing portfolio of over 700 MW in Romania. Upon completion, the total installed capacity of renewable energy sources of the PPC Group in the country will reach approximately 850 MW.
Thailand is quite a popular destination in Southeast Asia. It is renowned for its stunning beaches, ancient temples, and friendly locals. However, behind the smiles lies a culture rooted in tradition, respect, and subtle social rules. While most people are friendly and forgiving of mistakes, it's still essential for visitors to understand basic etiquette. A […]
The ratio between the market capitalization of companies listed on the Bucharest Stock Exchange and Romania’s GDP was 20.7% as of December 31, 2024, below the levels recorded in other regional markets, such as Greece (43.7%), Croatia (33.8%), and Hungary (21%). The figure can be disappointing as Romania’s BVB has significantly more listed companies (346) […]
OVES Enterprise, a Romanian software development company based in Cluj-Napoca, announced an expansion to the United States market through a strategic partnership with Adler Aerospace. The company will be developing large military drones based on the company’s artificial intelligence solution, Nemesis AI. The agreement provides for the integration of the Nemesis AI platform into the […]
Homeowners in Bucharest are finding buyers for their apartments faster than anywhere else in Romania, while sellers in Cluj-Napoca face the longest waits, according to a new real estate market report published by Imobiliare.ro and quoted by Agerpres. The study, titled Market 360: Residential...
Work has begun on restoring the alleys in Bucharest’s Herăstrău Park, as some were severely affected by the collapse of the bank and were facing a real risk of falling. The restorations will be complete in 2026. Herăstrău Park is nearly 100 years old and has been worn down by weather events and other phenomena. […]
Romania has awarded a record 4.2 GW of renewable energy capacity across two Contracts for Difference (CfD) auctions, exceeding its 3.5 GW target under the national Recovery and Resilience Plan, the European Bank for Reconstruction and Development announced. The second auction, held in August 2025 and backed by the EBRD, allocated...
