Renewable energy firm DRI has secured financing for the construction and operations of its Vacaresti solar park in Romania. DRI, UniCredit and Garanti BBVA have signed an agreement for non-recourse loans of up to EUR 60 million to finance the construction and operations of the Vacaresti solar park in Romania. DRI is Ukraine-based DTEK’s renewables […]
Coal deliveries to thermal power plants in the first half of the year reached 73% of the plan, while only 43% of the overburden excavation target was achieved, warned Sanel Buljubašić, CEO of Bosnia and Herzegovina’s state-owned power utility Elektroprivreda Bosne i Hercegovine (EPBiH). Increasing coal production is the only way to stabilize the energy […]
Hydropower plant operator Hidroelektrarne na Spodnji Savi will build two solar power plants with a combined capacity of 9.2 MW near its Brežice hydropower plant. It picked Končar as the contractor. Two new photovoltaic facilities in the pipeline are the continuation of investments in solar near the Brežice hydropower plant. Hidroelektrarne na Spodnji Savi (HESS), […]
The newly purchased wind and solar projects in Romania and Bulgaria will bring much higher returns than ones in the Greek market, claims George Alexopoulos, Deputy Chief Executive Officer of HELLENiQ Energy. HELLENiQ Renewables Romania, operating under Greece-based HELLENiQ Energy, bought a wind project in Scânteiesti in Galaţi in eastern Romania, with a licensed capacity […]
Shikun and Binui Energy is about to begin delivering electricity to the grid from its Satu Mare photovoltaic plant. It is the company’s first renewables project in Romania and the surrounding region. More than two and a half years after the start of construction, the Satu Mare solar power plant of 71 MW secured the […]
Bulgaria’s Electricity System Operator has received applications for the connection of batteries with 12 GW in total capability, according to the transmission system operator’s Executive Director Angelin Tsachev. Bulgaria currently has 500 MW in battery energy storage systems (BESS), with a capacity of 1,300 MWh. The facilities are in private ownership. Angelin Tsachev told Bulgarian […]
The largest hybrid power plant in Bulgaria is beginning to take shape – a joint venture of Eurowind Energy and Renalfa IPP commissioned the first segment of a solar park, and it is building a battery energy storage system (BESS). The Tenevo facility is planned to include a wind power plant as well. Almost two […]
The rising number of maturing wind power projects and the ones under construction in Romania has highlighted the increasing role of the technology for the country’s energy transition. The recent updates are for three locations in the country’s east. Investments in wind power in Romania are rebounding from a long lull. According to the International […]
Public Power Corp. has received funds from the European Union for the installation of 60 chargers for electric vehicles. Public Power Corp. (PPC) and PPC blue Romania have jointly secured up to EUR 2.76 million from the Connecting Europe Facility (CEF) funding mechanism for the installation and operation of the publicly accessible direct current (DC) […]
The final investment decision regarding a 462 MW small modular reactor system northwest of Bucharest could be delayed to early 2027, according to NuScale CEO John Hopkins. RoPower Nuclear, the joint venture established for the SMR project, intends to use NuScale’s technology. The facility in Doicești in Dâmbovița county in the Muntenia region would be […]