Romania has become a hub for clean energy development, attracting transparent investments driven by genuine competition, while Contracts for Difference (CfD) mechanism offers stability to investors, Energy Minister Bogdan Ivan said."Romania - a record in green energy! In just one round of CfD auctions, we secured investments for 2,751 MW of clean, affordable energy ? 37% above the 2,000 MW target set under the National Recovery and Resilience Plan (NRRP) and at prices up to 50% lower than the maximum thresholds. The results in brief: 1,488 MW from 26 solar projects and 1,263 MW from 23 wind projects," the minister wrote Wednesday on his Facebook page.According to him, the average winning prices were EUR 40.35/MWh for solar and EUR 73.89/MWh for wind."Exceeding the NRRP target proves that Romania is a center for clean energy development, attracting transparent investments based on real competition. Through the CfD mechanism, we provide stability for investors and accelerate the energy transition. Clean energy production capacity strengthens Romania's energy independence and brings the green future closer," the minister added.
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s first directly operated retail space in the country and […]
Romania will introduce new penalties for retailers that refuse to replace defective products, under a new law recently promulgated by president Nicușor Dan. The measure requires traders to provide a replacement within 30 days when customers report that a purchased item is faulty, whether the purchase was made in-store or online. The retailers that fail […]
Romanian saber fencer Vlad Covaliu was named the best in the world in the junior category for the second consecutive year, according to a press release from Bucharest-based CS Dinamo. The winners of the 2024–2025 World Cup were awarded over the weekend at the International Fencing Federation 2025 Congress held in Manama, the capital of […]
Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 and 2024. This year's ranking, now in its 26th edition, is […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has selected a consortium comprising Prime Batteries Technology and Enevo Group for the supply and integration of a new Battery Energy Storage System - BESS with a capacity of 76 MWh and an absorption/delivery capacity of 48MW. Verbund operates a 226 MW wind […]
