hydropower
Hidroelectrica reaches EUR 10.5 billion in valuation at stock market debut in Bucharest
12 July 2023 - The start of trading showed the IPO of Romanian hydropower producer Hidroelectrica was a success for investors
EU pays out EUR 1.4 billion to Bulgaria, Croatia, Romania for green transition
09 June 2023 - The European Union's Modernization Fund has paid out EUR 2.4 billion for the seven member states, which is the joint largest disbursement
Serbia denies it would spin off hydropower plants to joint firm with Hungary’s MVM
22 May 2023 - Serbia denied that it plans to separate 350 MW in hydropower from state-owned coal and electricity producer EPS to a joint firm with MVM
Renewables produced more electricity than fossil fuels for first time over winter in EU
02 May 2023 - A significant decrease in electricity demand combined with record renewable electricity supply prevented the EU from returning to fossil fuels
Renewables outpace coal for first time in US power production
30 March 2023 - The US power sector produced 4,090 TWh last year, and the share of renewables was 21%, the Energy Information Administration said.
Balkans mostly lag behind 2022 global renewables growth but solar power picks up pace
22 March 2023 - The world added a record 295 GW of renewable electricity capacity last year, increasing the stock by 9.6%, IRENA said
Bulgaria to replace coal complex with solar gigawatts
10 March 2023 - Bulgaria is leaning on nuclear power, RES and energy efficiency in its decarbonization push, Minister of Energy Rosen Hristov said
Serbia’s EPS achieves record in daily sales of electricity
06 March 2023 - State-owned coal and power utility EPS sold 26.7 GWh of electricity in the free market on March 2 for a record EUR 4.06 million
Slovenia’s DEM to build 440 MW pumped storage hydropower plant
03 February 2023 - Dravske elektrarne Maribor (DEM) has high ambitions beyond hydropower. Solar, wind, battery and geothermal projects are underway.
Romania and Bulgaria agree to build two hydropower plants on Danube
23 January 2023 - Romania and Bulgaria have agreed to build two hydropower plants on the Danube, which should be operational within the next five to six years.
Half century old hydropower plant in Albania is becoming innovative energy hub
02 January 2023 - Hybrid power plants are emerging as an essential ingredient for a world with net zero emissions. Albania's KESH wants to master such solutions.
Romania rolls out windfall profit tax for fossil fuel sector
29 December 2022 - Romania introduced a 60% tax on excess profits for companies that are operating in the areas of oil, gas and coal
China completes world’s second-largest hydropower plant
28 December 2022 - The China Three Gorges Corp.'s Baihetan facility is in full operation. At 16 GW, it is the second-biggest hydropower plant in the world.
Serbia to support large-scale energy projects in 2023 with state guarantees for loans
07 December 2022 - Serbia will have the opportunity to kick-start significant energy projects in 2023, as the proposed law on a budget contains state guarantees and project loans
Romania, Bulgaria in talks on 840 MW hydropower project on Danube river
23 November 2022 - Romanian officials said talks would resume with Bulgaria on building the Turnu Măgurele – Nikopol hydropower plant on the Danube river
Hidroelectrica restarting pumped storage hydropower plant project
15 November 2022 - The largest electricity producer in Romania recommends to build the Islaz dam with a pumped storage hydroelectric facility