Research of renewable energy in cooperation with the UAE’s Masdar Institute
Ministry of Mining and Energy called on Serbian scientific research institutions to apply for joint renewable energy projects with Masdar Institute from the United Arab Emirates, owned by Abu Dhabi Future Energy Company. All applications received by March 27 are to be sent to Masdar Institute for consideration. The cooperation, based on a memorandum from […]
The state blocks completion of power privatisations
Greece will not go ahead with privatising its dominant electricity utility or power grid operator Admie, energy minister Panagiotis Lafazanis said, despite promising its creditors not to halt sales that are underway. The comments appeared to mark the first sign of open dissent from a minister on the far left flank of the new Greek […]
MVM purchases hydroelectric power plant
State-owned MVM Hungarian Electricity Ltd. has purchased a 7.48 MW hydroelectric power plant (HPP) in Romania, more precisely a 90 percent stake, in order to “further strengthen its renewables portfolio”, Budapest Business Journal reported, citing an article in Hungarian language Romanian daily ’Kronika’. According to the paper, the value of the transaction is approximately EUR […]
Hidroelectrica prepares for hydropower upgrade, acquisitions
Hidroelectrica plans to invest EUR 300 million this year in upgrading three hydropower plants and considers buying small hydro plants in the neighbouring countries as well as several hundred megawatts in wind farms developed on the local market, Mediafax reports. According to the attorney Remus Borza, the representative of Euro Insol, Hidroelectrica’s judicial administrator, Hidroelectrica […]
Installed wind capacity in Romania rose by more than a third in 2013
TPA Horwath Romania and Schönherr have, for the fourth consecutive time, published a study on ’Wind power and other renewable energy sources in Romania’, Austrian Energy Agency’s EnerCEE portal said. The report highlights that the total installed wind power capacity in Romania increased by 36.5 percent in 2013. Romania currently ranks 5th in Europe regarding […]