Transelectrica signs financing contract for Mostistea station refurbishment

Green Forum
Romanian national electricity carrier Transelectrica signed the tenth financing contract from the Modernization Fund, namely to implement the ‘Pilot project DigiTEL Green – Refurbishment of the 220/110/20kV Mostistea station' with a non – reimbursable value of €48 million.

The DigiTEL Green pilot project is a strategic investment by Transelectrica to modernize and enhance energy infrastructure in line with European energy policies. By deploying cutting-edge technological solutions and equipment, Transelectrica aims to reduce the ecological footprint and advance towards a sustainable energy infrastructure. 

This investment, part of Transelectrica's Development Plan for 2022–2031, is crucial for mitigating environmental impacts and facilitating the transition to a sustainable energy framework.

The refurbishment of the Mostistea station will integrate advanced digital technologies to optimize operations and enable the station to generate its energy from renewable sources, thus promoting energy efficiency in line with the nZEB (nearly Zero Energy Buildings) concept. This modernization effort will significantly enhance the reliability and performance of the power transmission network.

Transelectrica recognizes the importance of European financing mechanisms in supporting energy investments and is poised to leverage these opportunities. With the signing of the Mostistea station refurbishment contract, Transelectrica now has ten projects funded by the Modernization Fund, totaling over €470 million.

The Mostistea station refurbishment project follows the successful refurbishment of the Alba Iulia station in a digital concept, which also received funding from the Modernization Fund. This underscores Transelectrica's commitment to clean economy objectives and signifies progress towards sustainability and innovation in the national energy sector.

 

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Microsoft hits 100% renewable energy target five years early
Energy

Microsoft hits 100% renewable energy target five years early

Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.

Real estate

How is EU real estate navigating the CSRD changes? Take our survey

The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.

Energy

Waldevar Energy builds utility-scale PV parks in Romania

Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.

Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

READ MORE
Green Forum  |  19 February, 2026 at 10:24 AM
Green Forum  |  5 February, 2026 at 11:47 PM