Romania: Electricity consumption slightly...

According to data from the National Institute for Statistics (INS), electricity consumption in...

Greece: PPC advances major...

The PPC Group is accelerating renewable energy projects in northern Greece, focusing on...

Greece: Natural gas demand...

The Greek natural gas transmission system operator DESFA reported that total natural gas...

Bosnia and Herzegovina: RS...

The Ministry of Energy and Mining of the Republic of Srpska (RS) has...
Supported byClarion Energy
HomeSEE Energy NewsRomania, Hidroelectrica is...

Romania, Hidroelectrica is in the process of buying 2,000 MW PV and wind farms, worth 2.3 billion euros

Hidroelectrica, Romania’s largest electricity producer, is considering the purchase of three wind farms and one photovoltaic fleet, which are in various stages of development, according to a 2021 report by the company’s board.

Hidroelectrica submitted non-binding offers for four plants in the last quarter of 2021, the document states.

If the transactions are realized, the company would invest around 2.3 billion euros in these projects, which would enable the production of an additional 5 TWh of electricity per year. Currently, the company produces about 17 TWh per year.

Hidroelectrica states that the total installed capacity of these four projects exceeds 2 GW, with an estimated production of close to 5 TWh per year. The total value of investments is estimated at around 2.3 billion euros, according to data from sellers and data from the market.

The company has previously had at least one attempt to buy a large photovoltaic project, but without success. It is about the photovoltaic park Ratesti, with a capacity of 150 MW, which was offered for sale by the investor Portland Trust last year.

According to unofficial information, the Supervisory Board of Hidroelectrica opposed this acquisition. In the end, the project was bought by two Israeli developers, Econergy and Nofar Energy.

Source: e-nergia.ro

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: Electricity consumption slightly declines in first eight months of 2025, solar generation surges 35%

According to data from the National Institute for Statistics (INS), electricity consumption in Romania during the first eight months of 2025 totaled 33.3 TWh, a decline of 0.8% compared to the same period in 2024. Industrial electricity consumption reached 25.06...

Greece: PPC advances major solar and energy storage projects

The PPC Group is accelerating renewable energy projects in northern Greece, focusing on the former lignite power plant sites of Ptolemaida, Kardia, Agios Dimitrios, and Amyntaio. Once fully operational, the solar power plants currently under construction are set to...

Greece: Natural gas demand surges 16.7% in first nine months of 2025 driven by exports and LNG growth

The Greek natural gas transmission system operator DESFA reported that total natural gas demand, including exports, reached 56.36 TWh in the first nine months of 2025, up 16.7% from 48.31 TWh in the same period in 2024. The main driver...
Supported byVirtu Energy
error: Content is protected !!