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Serbia to construct pumped storage hydropower plants Derdap 3, Bistrica

The Ministry of Mining and Energy will present a EUR 17 billion investment plan in September. Investments in new power plants include the construction of pumped storage hydropower plants Đerdap 3 and Bistrica. According to Professor Nikola Rajaković, the two systems could play a major role in Serbia’s energy transition by facilitating the integration of solar power plants and wind farms.

read more... 24/08/2021

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Italian hydro stocks fall below long-term average

Italian hydropower stocks continued to fall last week, reaching a 2021 low and moving to a deficit to the five-year average, amid dry conditions in Italy's hydro-intensive regions.

read more... 19/03/2021

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Statkraft to begin operations at hydropower plant in Albania

Renewable energy generating company Statkraft announced this week that its Moglice hydropower plant in Albania will began commercial operations, delivering renewable power to the Albanian grid.

read more... 02/07/2020

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Engie-led consortium to pay EUR 2.2bn for EDP's Portuguese HPPs

A consortium led by French utility Engie SA is to acquire the Portuguese hydropower portfolio of Energias de Portugal SA, with a total capacity of 1.7 GW, for EUR 2.2 billion (USD 2.4bn).

read more... 23/12/2019

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Hydro leads in providing most of Norway's power in July

Hydropower produced 94.3% of Norway's electricity in July, equivalent to 9.23 terawatt-hours (TWh), according to Statistics Norway (SSB) on Monday.

read more... 02/09/2019

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