Author: Alexandru Popescu
Premier Energy Group, a leading vertically integrated energy company in Southeastern Europe, listed on the Bucharest Stock Exchange, announces the signing of an agreement to acquire Evryo Group from funds managed by Macquarie Asset Management. The transaction will be carried out through the acquisition of a 100% stake in Felix Distribution Holdings S.R.L., the parent company of Distribuție Energie Oltenia S.A., as well as a 100% stake in Evryo Power S.A. Valued at approximately 700 million euros, the acquisition represents a landmark step in the Group's strategy to consolidate its position in Romania by adding the electricity distribution component to its operations…
Romania is becoming one of the strategic markets for renewable energy investments in Europe, with projects in development and long-term expansion plans. In an exclusive interview with IndustryNews.ro, Adrian Dobre, Country Manager of Eurowind Energy in Romania, states that the group allocates between 300 and 400 million euros annually for local projects and emphasizes that „we are here for the long term.” Adrian Dobre will be a speaker at the Solar Energy Bucharest Summit, organized from April 22–23, 2026, at the Palace of the Parliament. Eurowind Energy is present in several European markets. What does the company's global strategy look like in...
The local energy storage market is attracting more and more international suppliers, driven by the accelerated growth of BESS projects and the need for flexibility in the energy system. In an exclusive interview with IndustryNews.ro, Yves Zhang, Sales Director, Europe – BESS BD at StarCharge, says that Romania is becoming a relevant market for the development of storage projects, especially in standalone applications. The company will be present at the Solar Energy Bucharest Summit, organized from April 22-23 at the Palace of the Parliament. What are StarCharge's concrete plans for the Romanian market and what types of projects are you targeting? The company is focusing its strategy in...
The commercial segment and utility-scale projects currently dominate the demand for integrated energy solutions in Romania, while the storage component is becoming increasingly present in all types of projects. In an exclusive interview with IndustryNews.ro, Alexandru Bătucă, Channel/Tier2 Manager at SKE Solar Inverters, states that the local market is undergoing a transition towards complete systems, which include inverters, batteries, and energy management platforms. SKE is recognized as one of the main distributors of Huawei's solar energy solutions in Europe. How has this partnership evolved in recent years, and what role does it play in the company's growth strategy?...
The Ministry of Energy and the Ministry of Finance, with the technical support of the Romanian Digitalization Authority (ADR), announce the launch of an Expression of Interest (EOI) to identify and pre-select a Consortium Leader for the development, structuring, and implementation of the Black Sea AI Gigafactory project in Romania, the Ministry of Energy announced. The project is designed as a strategic computing infrastructure initiative for artificial intelligence, of national and regional relevance, intended to support the development of advanced digital and industrial capabilities, strengthen Romania's role in the emerging European artificial intelligence ecosystem, and position the Black Sea region as a significant location for AI infrastructure of...
Rosebud AI, the American platform for creating 2D and 3D games using generative artificial intelligence, backed by key names in the global tech industry, including OpenAI co-founders Andrej Karpathy and Ilya Sutskever, announced on Wednesday, in a statement cited by StartupCafe.ro, that it is launching the Rosebud Education Initiative in Romania. The company states that its program offers teachers, schools, libraries, and educational organizations access to dedicated digital resources, „which allow children to create games using AI, without needing programming knowledge or expensive equipment.” The initiative comes at a time when – according to the American startup – „the use of technology among..."
The Minister of Energy, Bogdan Ivan, announced that he has received official confirmation from the United States Government for an exemption from sanctions against Lukoil, allowing Romania to restart the Petrotel-Lukoil refinery, which, through this mechanism, will be able to operate again within 45 days. „This is extremely important news: the fact that we have received official confirmation from the American government for the exemption from sanctions against Lukoil so that Romania can restart the Petrotel-Lukoil refinery. It represents huge news for our country. Through this mechanism, within 45 days, this refinery will be able to operate again and..."
The e-Mobility scheme will also include the component of investment in renewable sources and storage
The e-Mobility state aid scheme will include a new category of eligible expenses: investments in the production of energy from renewable sources and in storage systems, directly integrated with the charging infrastructure, announced on Wednesday, on his social media page, the Minister of Transport and Infrastructure, Ciprian Șerban, cited by Agerpres. „We are preparing an essential amendment to the e-Mobility state aid scheme, through which we will introduce a new category of eligible expenses, investments in the production of energy from renewable sources and in storage systems, directly integrated with the charging infrastructure. This initiative starts from a reality on..."
Romanian authorities are performing a true balancing act to prevent Romania's rating from falling into the “junk” category (speculative investments), which would hinder the country's access to financing markets and increase borrowing costs. If Romania borrows more expensively, Romanian companies will do the same, according to Cristian Bichi, advisor to the BNR governor, in a new analysis. In general, due to many technical aspects involved, the topic of credit ratings remains a mystery to the general public and, in some cases, even to economic analysts. Starting from this reality, the present opinion, elaborated for financial education purposes, will be structured...
Global oil production fell by 10.1 million barrels per day (mbd) in March to 97 million barrels per day, due to the Middle East war. This is the largest decline in history, according to the International Energy Agency (IEA), which warned that losses will be even greater in April, EFE reports. In its monthly oil market report, published Tuesday, the IEA indicated that production losses in March, caused by the conflict that broke out on February 28 with U.S. and Israeli airstrikes against Iran, totaled over 360 million barrels, but...
