In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products. CWP Europe has successfully completed and commissioned a […]
In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products. CWP Europe has successfully completed and commissioned a […]
Kosovo’s distribution system operator, KEDS, has disconnected around 90% of electricity meters belonging to businesses that have not signed an agreement with a licensed supplier following the power market liberalization. KEDS, owned by Turkish companies Çalik Holding and Limak, claims the law prohibits it from keeping any consumers on the grid who do not have […]
Pressed by the lack of electricity system flexibility, Cyprus is rushing to deploy battery storage facilities under indirect state control. Private companies are complaining that Transmission System Operator Cyprus (TSOC) is favored at a current tender for three units of 40 MW each. EMA, the electricity market association of private companies has been trying to […]
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 […]