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CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

Hidroelectrica signs contract to modernize Vidraru Hydropower Plant

Green Forum

9 July, 2024 at 4:00 PM

Hidroelectrica signed the contract for the modernization of the Vidraru Hydropower Plant, a project of strategic importance for the National Energy System (SEN), an investment of around 188 million euros.

The contract was won by the association formed by Electromontaj, Koncar – Engineering Co. Ltd. and Butan Group.

The Vidraru Hydropower Development is one of the most important and strategic investments in energy infrastructure in Romania.

The Vidraru Hydropower Plant, inaugurated on December 9, 1966, harnesses the hydropower potential of a 28 km stretch of the Argeș River, boasting an installed capacity of 220 MW and contributing approximately 400 GWh annually to electricity production. At its inauguration, the Vidraru Dam ranked as the fifth largest in Europe and the ninth largest in the world.

Hidroelectrica operates 187 plants with a total hydropower capacity of 6.3 GW and also owns a wind farm in Crucea with an installed capacity of 108 MW.

MVM to acquire E.ON Energie Romania majority stake

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Environment

EU boosts offshore energy goals

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Industry

Tauron expands wind portfolio and cets 2035 goals

Tauron has inaugurated the Gamów wind farm in the Silesian province, its 14th onshore wind farm. Located in the Rudnik commune, the site includes 15 turbines with a total capacity of 33 MW.

Energy

Hidroelectrica refurbishes Hydro Unit 5 at Stejaru HPP

Hidroelectrica has announced the completion of refurbishment works on Hydro Unit No. 5 (HA5) at the Stejaru Hydroelectric Power Plant.

Energy

Hidroelectrica upgrades Vaduri, Remeți, and Arcești plants

Hidroelectrica has signed contracts with the Hidroserv and UCMH consortium to modernize the Vaduri, Remeți, and Arcești hydroelectric plants.

Business

Hidroelectrica's net profit falls 32% in the first half of 2024

Hidroelectrica Group experienced a decline in operational and financial performance during the first half of 2024 compared to the same period in 2023.

Business