The International Hydropower Association (IHA) and Eurelectric launched the Paris Pledge. It is a collective call to action, aimed at unlocking the potential of pumped storage hydropower in Europe. The signatories urge the European Union and national governments to create the right conditions for long-duration storage to meet clean energy goals. Over 50 utilities, hydropower […]
In an accelerating investment wave, companies in Romania are combining BESS with solar power, hydropower and wind power, or building standalone energy storage facilities. The group includes R.Power, Hidroelectrica, Engie and more big names. Recent updates about investments in battery energy storage systems (BESS) in Romania indicate the technology is becoming another pillar of the […]
Verbund Wind Power Romania, a subsidiary of Austria’s Verbund, has acquired a 272 MW wind project from Monsson, a Sweden-based renewable energy group. The project, taken over at a ready-to-build stage, is expected to enter the construction phase in 2026. The planned wind farm in Caraș-Severin county in Romania is expected to produce 569 GWh […]