Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romanian, Moldovan energy ministers sign Memorandum of Understanding

Romanian, Moldovan energy ministers sign Memorandum of Understanding

November 28, 2024

 The minister of energy, Sebastian Burduja, on Thursday signed in Chisinau a memorandum of understanding with his counterpart from the Republic of Moldova, Victor Parlicov, on the development of joint projects and partnerships to promote innovation in the energy field, in the two countries, informs a press release of the Ministry of Energy sent on last Friday."This step means the continuation of a process that Romania has been dedicated to: that of being a partner of the Republic of Moldova, for the consolidation of its energy security and its integration into the European energy market. Within this process, Romania is already concretely and constantly supporting the Republic of Moldova in the energy field, through ongoing strategic projects, such as the Iasi-Ungheni-Chisinau gas pipeline, the Suceava-Balti power line, but also through the supply of energy when Moldova needed it more and more in recent years. Romania now has a new opportunity through the access of Romanian start-ups to the testing ecosystem in the Republic of Moldova, where there is already a sandbox-type legislative framework that allows companies to apply new solutions in a controlled environment," said the minister of energy, Sebastian Burduja, quoted in the press release.The memorandum aims to identify the needs of the industry at the national and regional level from the perspective of green technologies and innovation, as well as the identification and development of programmes or pilot projects in which the priorities in the field of energy innovation and the development of green technologies can be addressed in a sustained manner.At the same time, the document refers to the analysis and identification of options to support investments in significant technological solutions, which will propel the clean technologies industry and influence the energy sector at a regional level, as well as the creation of strategies based on good practices from Romania and the EU, which resulted in the financing of investments in the field of green energy.To this end, the participants will collaborate with priority in order to develop projects and initiatives that support innovation, in particular, for the following areas: digital and intelligent solutions for Cleantech; advanced renewable energy; comprehensive ecosystem for green hydrogen; the next generation of technologies for the management of carbon emissions (CCU/CCS); energy storage; Urban Eco-Friendly infrastructure; energy efficiency; green and energy efficient heating-cooling systems; CyberSec projects for energy infrastructure; advanced biofuels; biomass and nuclear energy.The new memorandum continues the two memorandums of understanding signed between the governments of the two countries, the one of February 11, 2022, regarding cooperation in the field of energy security, and the one of December 11, 2023, regarding the realization of the projects necessary to interconnect the natural gas and electricity networks between Romania and the Republic Moldova, both signed also in Chisinau. (Photo:https://www.facebook.com/)

Read in full - click here
Cirque du Soleil to bring "Ovo" show to Cluj-Napoca in April 2026

The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca.  So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]

Energy group Electrica to list largest green corporate bond issuance in Romania

The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]

Wizz Air expands in Bucharest with new routes, additional aircraft at Băneasa Airport

Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport.  At the same time, six new routes will […]

Inflation in Romania reaches 5.7% in June, up from 5.45% the month before

The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]

Taxi driver fined, barred from Bucharest airport after refusing passenger pickup

A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...

Southern Romania: New bridge over Buzău River opens for traffic

Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]