Hidroelectrica has signed contracts with the Hidroserv and UCMH consortium to modernize the Vaduri, Remeți, and Arcești hydroelectric plants.
Hidroelectrica Group experienced a decline in operational and financial performance during the first half of 2024 compared to the same period in 2023.
It would cause more harm than good, violate national and EU laws, and undermine Romania's international commitments to halt natural destruction.
Hidroelectrica signed the contract for the modernization of the Vidraru Hydropower Plant, a project of strategic importance for the National Energy System (SEN).
The refurbishment works are scheduled to be completed within 84 months.
Hidroelectrica has inaugurated the Microcentrala (MHC) Poiana Ruscă, marking the completion of its first investment project with external financing.
Hidroelectrica announced that it has signed an extension of the collaboration agreement with Masdar to develop onshore and floating photovoltaic solar projects,
The overarching goal is for Hidroelectrica to emerge as a leading force and pivotal player in Romania's energy transition.
Hidroelectrica completed the modernization of ten 110kV electrical stations in SH Hateg.
The energy producer Hidroelectrica has completed the modernization of the Slatina Hydropower Plant, an important objective in the company's portfolio.
A very important project that Hidroelectrica is currently considering is an investment of around 1,500 MW in floating photovoltaic panels.
Hidroelectrica, an energy producer owned by the Romanian state, is preparing for listing on the Bucharest Stock Exchange (BVB). Fondul Proprietatea, the minority shareholder, is selling 17% of the holding (almost 20%), i.e. 78 million shares.
The Arabs from Masdar want to do 2,000 MW green projects with the state company Hidroelectrica. The investments would exceed €2 billion and include offshore wind and floating solar.
Romanian state-owned company Hidroelectrica is focused on the development of energy production projects exclusively from renewable sources, says Bogdan Badea, CEO of Hidroelectrica. He talked to Green Forum about its plans for this year regarding sustainability and the social responsibility projects that the company is involved in.
Hidroelectrica signed a joint venture agreement with Masdar from the United Arab Emirates, for the construction of offshore wind farms and floating solar farms in Romania. Hidroelectrica is the largest producer of green energy in Romania, with a portfolio of 187 hydropower plants, with a hydropower capacity of 6.3 GW, plus the Crucea wind farm, with an installed capacity of 108 MW.
Hidroelectrica, a producer of renewable energy, wants to publish its first sustainability report. Last year, the state-owned company had a net profit of RON 4 billion (€800 million).
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.
The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.
The European Commission has given the green light to a €790 million state aid package for Romania.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
