Masdar and Romania’s Hidroelectrica partner on wind energy and solar energy projects
Masdar partners with Hidroelectrica on solar and wind energy projects: UAE renewables giant Masdar signed a joint cooperation agreement with Romanian state-owned utilities firm Hidroelectrica to deploy offshore wind energy and floating solar energy projects totalling 2 GW in the country, according to a company tweet on Friday. The agreement was signed by UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum and Romania’s President Klaus Iohannis during a meeting last week that saw both sides discuss bilateral cooperation in the renewable energy sector.
Not the first regional interest in Romania’s renewables: Emirates Nuclear Energy Corporation (ENEC) signed an MoU last week with Romania’s Nuclearelectrica to collaborate on nuclear energy program development in the two countries, as well as in Central and Eastern Europe. The collaboration aims to deploy nuclear energy for decarbonizing the power sector and heavy industry, as well as in the production of clean hydrogen. Back in August, Iraqi infrastructure and electricity developer Mass Group Holding acquired a 1.2 GW thermal power plant in the country.