Solar energy appears to be the new star of the renewable energy market after two years in which investments in wind farms have been in the spotlight, attracting over EUR1.5 billion.
After the green energy support scheme was approved, everybody expected a boom of interest in solar
Private power supplier Repower Romania, the local subsidiary of Swiss-held Repower group, plans to go into electricity generation and invest about EUR250 million on the local market in the next ten years.
The company is currently in talks over wind power projects and is looking at two such projects in
Peter Loescher, chairman and chief executive officer of Siemens, believes that despite the growth of the green power sector, coal and natural gas will be used for a significant part of energy production for a long time.
Loescher’s vision of the energy mix is a new warning signal for the local market, which might find