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9 September 15:24

Electrica and Romgaz have signed a Memorandum for the development of up to 400 MW of renewable energy production and storage capacity.

Raluca Niculae

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Economy

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The two companies will collaborate through a dedicated investment vehicle, with Electrica as the main developer and Romgaz as a minority partner. This initiative aims to integrate operational competencies and production capacity, contributing to national renewable energy goals by 2030. Electrica's CEO, Alexandru Chiriță, emphasizes the importance of collaboration for the energy transition, following the attraction of 500 million EUR from green bonds. Romgaz, through its general director, Răzvan Popescu, reaffirms its commitment to investments in clean energy, strengthening Romania's energy security.

Sources

Curs de guvernare

Memorandum între Electrica și Romgaz pentru dezvoltarea a 400 MW în capacități de producție și stocare a energiei verzi

Electrica și Romgaz se aliază pentru a construi de la zero noi centrale de energie regenerabilă de 400 MW

Electrica și Romgaz, memorandum privind producerea și stocarea energiei regenerabile. Puterea totală va ajunge la 400 MW

Electrica and Romgaz, partnership for 400 MW of renewable energy

Acord între Electrica și Romgaz pentru construirea de la zero a 400 MW în regenerabile

ȘTIRI PE ACELEAȘI SUBIECTE

Current Affairs

Romgaz has approved a decarbonization strategy with investments of 2.5 billion euros until 2050, focused on reducing emissions and transitioning to green energy.

Economy

Electrica has started the procedures for the authorization of 15 energy storage battery parks, with a total capacity of 1GWh.

Economy

Romgaz announces a bond issuance of 500 million euros, with a maturity of 6 years, for the financing of development projects, including in the gas sector.

Republic of Moldova

Romgaz, the largest producer and operator of natural gas storage in Romania, as well as a producer of electricity, has created a subsidiary in the Republic of Moldova dedicated to wholesale natural gas trade.

Current Affairs

Romgaz has sued the European Commission for the annulment of a regulation that imposes the storage of 50 million tons of CO2 per year, significantly affecting the company.

Economy

The Minister of Energy, Bogdan Ivan, emphasizes the importance of investments in electricity storage to manage peak consumption.

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Romgaz renewable energy collaboration

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