Romania’s Govt. unveils 2019-2030 energy sector strategy draft
» Romania’s Govt. unveils 2019-2030 energy sector…
Romania’s Energy Ministry announced on Monday, March 18, that it has launched in public debate the draft “Energy Strategy of Romania 2019-2030, with the perspective of 2050”.
The public’s comments and suggestions can be submitted to the Energy Ministry’s headquarters within 15 calendar days of the date of publication of this notice.
Romania would need total investments in the energy sector between EUR 15 and 30 billion for the period 2018-2030, with a central estimate of about EUR 20 billion, according to the strategy.
The key strategic investments are outlined in the revised document: the 3rd and 4th units at Cernavoda nuclear power plant (pictured), the reversible (pumped) hydropower plant at Tarnita Lapustesti, the 600MW coal-fired power unit at Rovinari and the hydropower plant on the Danube at Turnu Magurele-Nicopole, in partnership with Bulgaria.
Albania’s Age Erzen seeks construction permit for small HPP near Tirana
Albanian company Age Erzen has applied for a building permit for a small hydro power plant (HPP), the energy ministry said. The company plans to build a HPP of up to 2 MW on a tributary of Erzen river in Tirana region, the energy ministry said in a statement last week. Albania produces over 90%…
EBRD to invest €250M in Turkish energy sector in 2019
Turkey’s energy sector has been attracting around €250 million ($280 million) per year from the European Bank for Reconstruction and Development (EBRD) and the bank plans to maintain the same levels of financing in 2019 as well, Managing Director for Sustainable Infrastructure Group at the EBRD said on June 19. Nandita Parshad, managing director for…
ELSEWEDY ELECTRIC acquires a portfolio of renewable energy assets in operation in Greece
The completion date is expected to be on or before the 28th of June 2019 and subject to the normal terms and conditions for completing similar transactions Cairo, Egypt: ELSEWEDY ELECTRIC, a leading Integrated Energy and Infrastructure Solution Provider announces entering into a Share Purchase Agreement with R.F. Energy S.A. (a subsidiary of F.G Europe…