D.Trading, the pan-European trading arm of DTEK Group, signed a renewable electricity offtake deal for 200 MW of installed solar power capacity in Romania with renewable energy developer and operator Econergy. The power purchase agreement (PPA) includes the country’s largest photovoltaic plant. D.Trading announced that it would purchase electricity from solar power plants Rătești and […]
DRI expanded its activities in Poland with the acquisition of rights to build a battery energy storage system (BESS) in Kozienice, located in the east-central part of the country. The investment will also strengthen Ukraine’s grid, according to the update. DRI, DTEK’s renewables arm in the European Union, acquired a BESS project for 112 MW […]
New Chief Executive Officer of DRI Murat Çinar is taking office on September 3, replacing Ivan Geliukh. A change at the helm of DRI is consolidating its position in the European renewables market, particularly in its core markets of Croatia, Italy, Poland, and Romania, according to the company’s new announcement. It said it has appointed […]
Renewable energy firm DRI has secured financing for the construction and operations of its Vacaresti solar park in Romania. DRI, UniCredit and Garanti BBVA have signed an agreement for non-recourse loans of up to EUR 60 million to finance the construction and operations of the Vacaresti solar park in Romania. DRI is Ukraine-based DTEK’s renewables […]
Capacity building and education for corporates, together with product diversification and an upgrade of the regulatory framework, could clear the obstacles for power purchase agreements in the Western Balkans, which are lagging behind the other countries in Southeast Europe. In addition to their other benefits, such contracts could contribute to securing baseload energy from hybrid […]
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