Romanian electricity producer Hidroelectrica has signed a contract for the comprehensive modernization of its Stejaru hydropower plant in Neamț County, representing one of the company’s largest investment projects to date. The agreement, valued at 97.5 million euros excluding VAT, has been awarded to Hidroserv, a subsidiary of Hidroelectrica. The project will be fully financed from […]
According to CEO Bogdan Badea, Hidroelectrica intends to introduce storage facilities at each of its run-of-river hydropower plants, allowing surplus electricity to be transferred to evening consumption periods. Badea noted that the energy market experiences 7–8 daily intervals with extremely low or even negative prices, while other periods see excessively high prices. The main challenge
Hidroelectrica has selected the local subsidiary of Danish wind turbine manufacturer Vestas to handle maintenance for the wind turbines at the Crucea Nord wind farm. The five-year agreement, valued at €20 million before VAT, covers full upkeep of the Vestas V112 – 3 MW MK1a turbines and associated SCADA, PPC, and AEOS control systems. Under
Hidroelectrica has announced a public tender valued at approximately 49.5 million euros for the supply and installation of mechanical and electrical equipment at the Nehoiasu II hydropower plant. The project focuses on expanding the 110 kV transformer station. The contract includes a range of activities such as turbine works, preparation of technical documentation, equipment manufacturing
Hidroelectrica is set to install a 64 MW battery energy storage system (BESS) next to the Portile de Fier 2 hydropower plant on the Danube, designed for a four-hour duration and a total storage capacity of at least 256 MWh. The company aims to award the contract by late autumn and complete the project within
Hidroelectrica reported a net profit of approximately 319 million euros for the first half of 2025, down 41 percent from around 541 million euros in the same period last year. The decline was driven by reduced in-house generation and a greater reliance on market purchases to meet delivery commitments. Severe hydrological conditions affected output early
Romanian electricity producer Hidroelectrica has launched a 31.6 million euro tender for the Tudor Vladimirescu solar power plant in Braila County. The 45 MW project, dormant since 2012 due to the company’s insolvency, covers 55 hectares of Hidroelectrica-owned land near high-voltage corridors and substations, facilitating grid connection. The contract includes full delivery of the project:
Romania: Hidroelectrica’s H1 2025 power generation drops 27% amid lower hydrology Read More »
Romanian electricity producer Hidroelectrica reported a 27% year-on-year decline in net electricity output during the first half of 2025, generating a total of 6,068 GWh. The decrease was primarily driven by reduced hydroelectric production, which accounts for 98% of the company’s own generation mix. Wind power generation also saw a downturn, falling 14% year-on-year to
Romanian electricity producer Hidroelectrica has signed a 7.8 million euro contract with Waldevar Energy for the installation of a floating solar power plant at the Nufarul reservoir in Olt County. The project follows a 14-month timeline, starting with a four-month design phase and followed by ten months of construction. The pilot plant will use high-efficiency
Romania: Hidroelectrica awards contract for first floating solar power plant Read More »
Romanian electricity producer Hidroelectrica has awarded a contract for the development of its first floating solar power plant, a key component of the Nufarul pilot project. This initiative marks a major step for the company as it begins integrating floating photovoltaic technology into its renewable energy portfolio. The contract was awarded through an open public
