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FIEKR

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Romania, FIEKR will invest 40 million dollars in service centers

The Kazakh-Romanian Energy Investment Fund (FIEKR), established by KazMunayGas International (KMGI) and Romanian Government, said that it will invest 40 million dollars in opening...

Romania, FIEKR said that it has secured 24 million euros loan from OTP Bank

The Kazakh-Romanian Energy Investment Fund (FIEKR) said that it has secured 24 million euros loan from OTP Bank Romania for the development of 23...

Romania, FIEKR has closed 83 million euros syndicated loan for financing the construction of a new cogeneration plant

The Kazakh-Romanian Energy Investment Fund (FIEKR) has successfully closed 83 million euros syndicated loan for financing the construction of a new cogeneration plant on...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...