A very important project that we have in mind at the moment is an investment of about 1,500 Megawatts in floating photovoltaic panels, which we want to realize together with the Emirati company Masdar, on Friday announced, during a conference on the market of capital, the president of Hidroelectrica, Bogdan Badea."The Hidroelectrica company focuses on several targets. The first target is to maintain and increase the company's profitability and financial performance, which also comes with the plan to increase the installed capacity in terms of the production and diversification of energy sources, exclusively "green", because Hidroelectrica is a "green" company. We want to keep this label as a "green" company. Our investment plans, in addition to new hydro capacities that we can still achieve while also taking into account the environmental restrictions that we have at the moment, are moving towards diversification towards other regional energy sources, especially wind and photovoltaic. We already have the Crucea wind farm in operation, which was integrated into the portfolio. The operational results were beyond expectations, and the synergies that various sources of renewable energy benefit from have helped the company to diversify its production portfolio and increase profitability. Another very important project that we are considering at the moment is an investment of about 1,500 Megawatts in floating photovoltaic panels. It is an investment that we want to make together with the Emirati company Masdar. It is a new investment in Romania at such a size," said Badea.The representatives of Hidroelectrica and those of Masdar signed, on March 20, 2023, in the capital of the United Arab Emirates - Abu Dhabi, a joint venture agreement that engages the two companies in a joint investment approach aimed at the creation of off-shore wind farms and floating solar parks in Romania.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
