Renewables

Three companies from China bid for HPP project

Published

August 10, 2015

Country

Comments

comments icon

0

Share

Published:

August 10, 2015

Country:

Comments:

comments icon

0

Share

State-run company Hidro Tarniţa SA has three bidders left in the race for the construction of a 1 GW hydro pumped storage facility Tarnița – Lăpuștești on Someșul Cald river in Cluj county in Romania’s northwest, Economica.net reported. The plant project, which has been stalled for the last three decades, is worth over EUR 1 billion. Preliminary bids in January were filed by five potential investors, all from China. The project is for four turbines of 250 MW and envisages the creation of a 10 million cubic metre reservoir linked to Tarniţa lake. The facility will take five to seven years to complete.

China Gezhouba Group and Wuling Power Corporation are one of the remaining consortiums. Both are big dam builders, and Gezhouba’s portfolio includes the Three Gorges Water Conservancy Project, world’s largest hydroelectric facility. The second group is made of China Huadian Corporation companies China Huadian Engineering and Guizhou Wujiang Hydropower Development, which control dams along Wu river in China. The third consortium comprises Huaneng Lancang River Hydropower and Hydrolancang International Energy.

Hidro Tarniţa counts on more than 4,000 job openings for the hydro plant.

Related Articles

croatia star energy enna geo geothermal projects

British Star Energy sells three geothermal projects in Croatia

30 April 2026 - The transaction releases EUR 5.2 million of restricted cash and removes future capital commitments arising from licences, the company said

Energy transition as systemic transformation Siemens Energy Lazar Mijic interview

Energy transition as systemic transformation

30 April 2026 - We spoke with Lazar Mijić, Head of Global Business Strategy in the business area Transformation of Industries at Siemens Energy, about where the region currently stands on the map of global energy transition

Greek government sees PV losses from zero prices as informal support for consumers

Greece frames solar power’s zero prices as informal consumer support

30 April 2026 - The Greek government is reluctant to remunerate photovoltaic producers for their high losses from zero or negative hourly wholesale prices

croatia grid connection fee hera decision

Croatia finally sets grid connection fee

29 April 2026 - The Croatian Energy Regulatory Agency (HERA) has adopted the fee for the connection to the electricity network