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.
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
