In an accelerating investment wave, companies in Romania are combining BESS with solar power, hydropower and wind power, or building standalone energy storage facilities. The group includes R.Power, Hidroelectrica, Engie and more big names. Recent updates about investments in battery energy storage systems (BESS) in Romania indicate the technology is becoming another pillar of the […]
Romanian state-owned hydropower plant operator Hidroelectrica, the largest electricity producer in the country, is looking to take over a 250 MW wind farm project under development and a total of about 270 MW of solar projects. Hidroelectrica’s plan is to acquire the companies that own the rights, permits, land, and other assets related to the […]
The European Union has an ambitious goal to lift the number of heat pumps to 60 million by 2030. Still, total sales of the devices in 19 European countries fell by a combined 22% last year, according to the European Heat Pump Association (EHPA). As part of its energy transition strategy, the EU aims to […]
North Macedonia has issued 107,666 guarantees of origin for electricity in the first two months since introducing the mechanism. In April, the National Electricity Market Operator (MEMO) established the Register of Guarantees of Origin for electricity. On May 26, MEMO officially issued the first renewable energy guarantees of origin to state-owned power company Elektrani na […]
Elektroprivreda Srbije achieved a profit of RSD 27.4 billion (EUR 233.8 million) in the first half of 2025. The financial result of the state-owned Elektroprivreda Srbije (EPS) is lower than in the same period of 2024, when profit amounted to RSD 32.8 billion (EUR 280.3 million). The company posted RSD 26.1 billion (EUR 222.8 million) […]
North Macedonia drafted the Law on the Use of Energy from Renewable Sources to facilitate a decrease in fossil fuel consumption and a rise in the share of green energy. The legislation introduces market premiums under two-way contracts for difference (CfDs), which would be approved through renewable energy auctions. It also regulates net metering and […]
Russia is interested in cooperating with Serbia in the nuclear energy sector. According to the authorities, the country is still a long way away from the potential construction of a nuclear power plant. Minister of Mining and Energy of Serbia Dubravka Đedović Handanović met with the Ambassador of the Russian Federation Alexander Botsan-Kharchenko to discuss […]
Dutch company Oceans of Energy has assembled its new floating photovoltaic plant in the Port of Amsterdam in just three days. The modular facility is about to be towed and integrated with the Hollandse Kust Noord offshore wind farm on the North Sea, creating a hybrid power plant. The Nymphaea Aurora floating solar power platform […]
Companies that participated in the second round of auctions in Romania for contracts for difference (CfDs) for wind and solar power projects received the ranking list. The target quota for photovoltaics was slightly surpassed, with 1.49 GW approved. Conversely, only 1.26 GW was allocated in the wind project segment, against the available 2 GW. Average […]
District heating plant Energetika has begun removing coal ash from an uncovered disposal site that has been polluting air and soil for years in the heart of Kragujevac, Serbia’s fourth-largest city. The effort is part of a project financed by an EUR 18 million loan from the European Bank for Reconstruction and Development (EBRD), to […]