The acquisition was completed through Enspire Enerji Yatırımları ve Hizmetleri A.Ș., a subsidiary of Entek Elektrik Üretimi A.Ș., which is 99.23% owned by Tupras Turkiye Petrol Rafinerileri.
Entek is a joint-stock company based in Turkey. Tupras is Turkey's largest industrial enterprise and the seventh-largest refinery in Europe. It is part of Koç Holding, which also controls the Ford Otosan plant in Craiova and the Arcelik group, known for the Beko brand in Romania (formerly Arctic).
Renewable Energy Insurance Broker (REIB) insured the largest photovoltaic park in Southeastern Europe, located in Ratesti, Arges County, Romania.
Econergy Renewable Energy, a leading renewable energy developer and Independent Power Producer (IPP), announced its success in the recent Romanian Contracts for Difference (CfD) auction with the Parau 2 solar project.
Romania is set for a significant expansion in the photovoltaic sector in 2025, driven by funding programs such as Casa Verde and RePower EU.
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
SolarPro Holding, Bulgarian engineering, procurement, and construction (EPC) contractor, will develop a 174 MW solar photovoltaic (PV) farm in Romania's Oltenia region.
Renalfa IPP, an independent energy developer and producer based in Vienna, has acquired a 258 MWac photovoltaic (PV) project located in Teleorman, Romania.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
