Hidroelectrica reaches EUR 10.5 billion in valuation at stock market debut in Bucharest
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
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
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
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
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
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
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
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