Romanian oil company OMV Petrom has finalized the acquisition of a 50% stake in Electrocentrale Borzesti, a domestic firm with a renewable energy portfolio of approximately…
Browsing: Hydropower
India’s Adani Group is set to construct 10 gigawatts of hydroelectric projects abroad in the coming years, aiming to reach its goal of net-zero carbon emissions…
Düsseldorf-based Uniper has entered into a nine-year Power Purchase Agreement (PPA) with a major international industrial gas producer to supply a total of 575GWh of energy…
The World Bank has approved a USD 250 million (EUR 227 million) initiative in Lebanon aimed at improving the country’s electricity services to ensure they are…
Japan will continue restarting nuclear power plants and expand the use of renewable energy to meet growing electricity demand, according to Industry Minister Yoji Muto. The…
Micropower Energy has inaugurated a 1.75-MWp solar power generation and 1,184-MWh energy storage microgrid at Santa Paula Farm in Bahia state, Brazil, marking the largest microgrid…
Indian businessman Anil Ambani’s Reliance Group has entered into a strategic partnership with the Royal Government of Bhutan to jointly develop two major renewable energy projects:…
Greek renewable energy producer Terna Energy reported an adjusted net profit of EUR 29.9 million in the first half of 2024, marking a 46.3% year-on-year increase.…
Germany generated 217 billion kWh of electricity from renewable sources in the first three quarters of 2024, accounting for 56% of the country’s gross power consumption,…
Portugal’s national grid operator, Redes Energeticas Nacionais (REN), reported that renewable energy sources supplied 73% of the country’s electricity consumption during the first three quarters of…
Iberdrola SA has received environmental approval to build a 440-MW pumped-storage hydropower plant on the Tagus River in western Spain. The utility company is now awaiting…
In 2023, the global renewable energy sector experienced its largest-ever increase in employment, with jobs rising from 13.7 million to 16.2 million, according to a joint…