Tag: electricity

Turkey ranks fifth in European wind investments – Turkey, 13 April 2021

According to a report published by WindEurope, Turkey ranked among the top five European countries that invested the most in wind energy with its over 1 billion euros of onshore wind energy investments in 2020. The report shows that Europe has invested 42.8 billion euros in new wind farms in 2020 Full article available for […]

Greenpeace warns about illegal state aid to EC Oltenia – Romania, 12 April 2021

Greenpeace Romania announced that the Government has extended a 240 million euros loan to troubled coal-based electricity producer Energy Complex (EC) Oltenia before receiving the final opinion from the European Commission on its plans to support the company. The organization reminded that the En Full article available for subscribers of Energy NEWS service (PDF publications, […]

Hidroelectrica to distribute all of its 2020 profit as dividends – Romania, 13 April 2021

The largest Romanian electricity producer Hidroelectrica will propose to its shareholders a distribution of the entire profit from 2020 (minus the legal reserve) as dividends. Thus, the total dividend payout for 2020 will amount to around 260 million euros, out of a 295 million euros net profit r Full article available for subscribers of Energy […]