Romanian state-owned hydropower operator and electricity supplier Hidroelectrica is expecting record-low output this year amid a severe drought. However, it entered the winter season with much higher water reserves than in 2024. The company projected its annual profit at EUR 590 million. Chronic drought and heat in Southeastern Europe may require countries in the region […]
One of the biggest photovoltaic plants in Romania is due to begin commercial operation by the end of the year. China Huadian Corp., which bought 49%, is reportedly acquiring the entire 134 MW facility. Project firm Grup Blauer București has completed the construction of a solar park in southern Romania. The 134 MW facility in […]
A new agreement between the UAE and Montenegro will facilitate connecting the energy sector with financial technologies and artificial intelligence. The two countries are also considering to deploy solar, wind, hydropower, green hydrogen and battery projects. The United Arab Emirates and Montenegro agreed to cooperate in the energy sector, setting up a bilateral strategic partnership […]
OMV and Masdar are setting up a joint venture for the development and operation of the fifth-largest electrolyzer plant in Europe. The facility is already under construction in Austria. The UAE-based company would be a minority shareholder, with 49%. Austrian integrated energy, fuels and chemicals company OMV and Masdar – Abu Dhabi Future Energy Co. […]
Greece approved the request of a firm developing a project for a giant solar park with a green hydrogen plant to double the electrolyzer capacity. The site is in the vicinity of the village of Mantasia in the Phthiotis regional unit. The Ministry of Environment and Energy in Athens signed off on a proposed change […]
Eksim Energy, which operates one of the biggest solar power plants in Turkey, commissioned the first part of its Yozgat wind farm. The company based in Istanbul has surpassed 1 GW in installed capacity. Eksim Energy (Enerji) is accelerating its expansion in the green energy sector in Turkey – the company said it has received […]
The results of exploration at the Vinkovci GT-1 well have confirmed the area’s significant geothermal potential, Croatian Hydrocarbon Agency said. Maximum temperature is 131 degrees Celsius. Vinkovci is the third location in Croatia with positive results, as reservoir temperatures exceeding 100 degrees were earlier confirmed in Velika Gorica and Osijek, Croatian Hydrocarbon Agency revealed. The […]
Public consultation is underway in Cyprus for environmental impact assessment (EIA) studies for three projects for photovoltaic units, of 14.5 MW in total peak capacity, with 40 MWh in battery storage. The developer, SAOLA, plans several such investments. It is facing opposition from the local population and environmentalists. The electricity system in Cyprus is severely […]
Poland-based R.Power began work on its Lazuri photovoltaic plant of 55 MW in peak capacity in Satu Mare county in northwestern Romania. The company is energizing four solar parks of more than 23 MW overall, its first operational assets in the country. In addition, it is about to break ground on its 254 MWh Scornicești […]
Austrian green energy producer Enery and Turkish software company SmartPulse have entered a strategic partnership to deliver advanced solutions for the management and trading of renewable energy and storage assets. The collaboration aims to amplify market results for renewable energy producers and battery owners, while strengthening integration into the regional energy markets. Enery Portfolio Optimization […]