In Short : Under the terms of the agreement, Econergy will receive €30 million after providing Engineering, Procurement, Construction management (EPCm) services. The company is also contracted to manage the facility for ten years, handling the revenue generated from electricity merchant sales. In Detail : Econergy, a renewable energy company, has secured a significant funding […]
Romanian majority state-owned hydro power producer Hidroelectrica said on Thursday it is seeking consultants to draft a feasibility study for the construction of a 300 MW photovoltaic plant and a green production plant on Olt river. The solar park will be located in the former basin of the Fagaras-Hoghiz reservoir lake and the electricity produced […]