hydropower
Swiss energy company Alpiq posts strong EBITDA, net income in H1 2023
24 August 2023 - Alpiq said its adjusted EBITDA in H1 2023 was CHF 787 million, up from CHF 114 million in the same period of 2022
Romania allocates EUR 500 million to help public institutions become prosumers
21 August 2023 - Romania’s Ministry of Energy has launched a EUR 500 million subsidy scheme for installing renewable energy facilities for self-consumption at public institutions
Romania’s biggest pumped storage hydropower project awaits feasibility study
04 August 2023 - Romania initiated market consultations for its Tarnița-Lapuștești pumped storage hydropower project, aiming to commission a feasibility study
Montenegro’s EPCG gets approval for hydropower system at Otilovići dam
31 July 2023 - EPCG has obtained the urban planning and technical requirements for its small hydropower project at the Otilovići reservoir
Hidroelectrica to install battery at its loss-making Crucea Nord wind farm
27 July 2023 - Romania's Hidroelectrica is preparing to integrate a 1.2 MW battery system with its only wind power plant – Crucea Nord
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.