Europe: TTF gas prices...

In late October 2025, TTF gas futures remained relatively stable, trading in the...

Region: SEE power prices...

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly...

Romania: Econergy secures €25...

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project...

Montenegro: EPCG completes modernization...

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit...
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Romania: Food industry companies to invest 25.5 million euros in solar projects with support from Modernization Fund

Fourteen food industry companies will jointly invest 25.5 million euros in solar installations exceeding 1 MW, aimed at meeting their own energy needs.

Of this total investment, more than 17.1 million euros come from non-refundable funds provided through the Modernization Fund, which is managed by the Ministry of Energy. The Ministry of Agriculture and Rural Development, through the Agency for Financing Rural Investments, is responsible for overseeing the state aid scheme.

To date, the Ministry of Energy has allocated a total of 20.2 million euros from the Modernization Fund to support renewable solar energy projects with capacities greater than 1 MW.

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