CCE Holding launched works at the site of its Horia1 solar park of 40 MW in Romania’s northwest, ENGIE is preparing to install a photovoltaic facility of 37.2 MW and PNE just sold a ready-to-build project of 61.5 MW, https://balkangreenenergynews.com/ informs. Romania has joined the group of gigawatt-scale markets this year in terms of installed photovoltaic capacity within one year and the list of mature projects keeps getting longer. In fact, SolarPower Europe expects the country to reach 8.7 GW by 2027. The solar boom is fueled in all segments from prosumers to municipal authorities to transmission system operator Transelectrica. Austria-based renewable energy developer CCE Holding said it started the construction of its first photovoltaic park in Romania and its biggest in Europe. The site for the facility with 40 MW in peak capacity is near Arad in the country’s northwest. It spans 50 hectares. CCE Holding won EUR 3 million in funding through Romania’s National Recovery and Resilience Plan.The company said the Horia1 solar power plant would be connected to the grid by next autumn. It is envisaged to consist of modules of 590 W each. CCE Holding revealed that it secured financing from Raiffeisen Bank International. The project was developed in cooperation with Banat Agri Group and Austria-based Frapag, according to the statement. The firm added that it has 980 MW under development in Romania and ten solar power projects in various stages. Horia1 will benefit from EUR 3 million from the country’s National Recovery and Resilience Plan (NRRP or, in Romanian, PNRR). The company won support in the first round of applications.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
