Enel scraps Romania asset sale plan, insiders tell local media

Anonymous people familiar with the matter revealed Enel is counting on Romania as a strategic market and that the management wouldn’t negotiate about stakes in its businesses in the country. Romania’s state-owned utility Hidroelectrica, which has an ambitious long-term diversification plan, may have to expand without Enel’s assets. The largest foreign investor in the country’s […]

Low costs boost demand for renewables during coronavirus crisis

Green energy has been the most resilient to the effects of lockdowns worldwide, said Dave Turk, Acting Deputy Executive Director of the International Energy Agency. The demand for renewables is seen growing 1% this year, while the coronavirus impact may push the level in the overall energy sector as much as 6% lower, according to the […]

Typhoon HIL is best startup in Serbia in PowerUp! challenge

A firm founded in 2009 was acknowledged for UEGOS, a solution to prevent voltage deviations and protocol barriers between smart devices and the power grid. Typhoon HIL was chosen in the PowerUp! competition in Serbia to participate in the finals in Poland. Typhoon HIL Inc. has impressed the jury with a tool for the communication […]