Association urges Romania to tap into onshore wind rather than invest in conventional power

Romania should harness onshore wind to meet growing demand for electricity instead of investing in conventional power, WindEurope CEO Giles Dickson told the annual meeting of the Romanian Wind Energy Association in Bucharest today, according to a news release from the Brussels-based association promoting wind power in Europe. Wind energy provided 12.2% of Romania’s electricity […]

Renewables October 30, 2018

Macedonia, Montenegro among only 16 countries to set climate targets to meet pledges under Paris Agreement

FYR Macedonia and Montenegro are among 16 countries out of 197 parties to the Paris Agreement which set economy-wide emissions reduction targets under domestic laws or policies to be consistent with those set in their Nationally Determined Contributions (NDCs), according to a policy brief titled Aligning national and international climate targets. Setting targets under national laws […]

HEP Group to invest EUR 780 million in power networks by 2021

Croatian power utility Hrvatska Elektroprivreda (HEP Group) will invest HRK 4 billion (EUR 537 million) in the distribution network and more than HRK 1.8 billion (EUR 241 million) in the transmission network from 2018 to 2021, which will ensure the security of supply for the existing and future consumers in Croatia. Members of the Croatian […]

Electricity October 29, 2018

Italy’s PLC to acquire 51% of Romania’s Monsson Operation

Italian clean energy group PLC and Romanian renewable energy company Monsson Operation have entered into a strategic partnership, in what will result in PLC becoming the owner of a 51% stake in Monsson Operation by the end of November, the Romanian company has announced. Monsson Operation signed the first part of the M&A procedure, strengthening […]

Renewables October 29, 2018