Below is an extensive outline of the CfD mechanism’s current status, highlighting the legislative framework, key procedural steps, and critical requirements for participants in the first CfD auction explained by Radu Eremciuc, CEO at Green Balkans Energy Ltd As we know, the Contracts for Difference (CfD) scheme represents one of Romania’s most significant support mechanisms […]

In Romania, obtaining a Power Purchase Agreement (PPA) for a Photovoltaic Power Plant (PVPP) is a crucial step for the financial viability of the project. PPAs secure the sale of the electricity generated by the plant, providing predictable revenue streams. According to Mr. Radu Eremciuc, CEO of Green Balkans Eergy Ltd., the procedure for securing […]

Understanding the Contracts for Difference (CfD) Mechanism in Romania:A Guide for Investors and Energy Stakeholders Understanding the Contracts for Difference (CfD) Mechanism in Romania: A Guide for Investors and Energy Stakeholders As Romania continues to strive towards a sustainable and decarbonized energy sector, one of the key mechanisms driving this shift is the Contracts for […]

Romania Launches Inaugural Auction for Wind and Solar Energy Contracts Romania has initiated its first competitive auction for Contracts for Difference (CfDs) targeting wind and solar energy projects, marking a significant move in the nation’s renewable energy strategy. The Ministry of Energy plans to allocate CfDs for 1 GW of wind and 500 MW of […]

The Evolution of Solar Panel Technology: Harnessing the Power of the Sun In an age where renewable energy sources are becoming increasingly vital for sustainable development, solar panel technology has emerged as a shining star. Solar panels, also known as photovoltaic (PV) panels, have seen a remarkable evolution since their inception. This article delves into […]

Romania’s Sunshine Boom: Embracing Solar Energy for a Brighter Future Romania is a country blessed with abundant sunlight, making it an ideal location for solar energy generation. As the world shifts towards cleaner and more sustainable energy sources, Romania has begun to recognize the immense benefits of investing in solar power. In this article, we […]

Shining Bright: Predictions for Solar Power in the Next 50 Years The sun, our nearest star, has been providing Earth with a boundless source of energy for billions of years. In recent decades, we’ve harnessed this energy through solar power technologies, and the future looks even brighter. Predicting the next 50 years for solar power […]

Harnessing the Sun’s Power: The Benefits of Investing in a Photovoltaic Park In an era characterized by growing environmental concerns and a shift towards sustainable energy sources, photovoltaic parks have emerged as a compelling option for investors and communities alike. These vast expanses of solar panels capture sunlight and convert it into clean, renewable electricity. […]