AEA | AEA-Albania Energy Association

April 28, 2025

by AEA in News

An EU budget that works for the people: unlocking finance for energy communities

Authors: Dirk Vansintjan, President of REScoop.eu, EUSEW’s digital ambassador; Sara Tachelet, ACCE project coordinator and Chris Vrettos, policy advisor finance, also EUSEW’s young energy ambassador. Europe’s transition to a clean energy system requires unprecedented investment, but today’s financing tools fail to unlock the full potential of citizen-led energy initiatives. Energy communities can mobilise billions of […]

April 28, 2025

by AEA in News

Romania’s plan to install 2.15 GW of gas power plants isn’t viable

Romania’s plans for new combined cycle gas turbines with a total capacity of 2.15 GW isn’t economically viable and, if constructed, the facilities should be decommissioned by 2035, according to ENTSO-E’s annual assessment of Europe’s security of electricity supply for the ten years ahead. ENTSO-E’s European Resource Adequacy Assessment 2024 (ERAA 2024) provides an integrated […]

April 28, 2025

by AEA in News

Project for first gas power plant in Albania enters next stage

In partnership with domestic company Gener 2, Greece-based GEK Terna and DEPA Commercial are preparing to build the first gas power plant in Albania. The current phase involves seeking financing. Separately, Azerbaijan’s SOCAR is expected to start installing the first gas distribution network in Albania, in the city of Korça. Albania is almost 100% dependent […]

April 28, 2025

by AEA in News

CATL: World’s first mass-produced sodium ion battery is here

Chinese battery producer CATL has unveiled Naxtra, claiming it is the world’s first mass-produced sodium ion battery. At its inaugural Super Tech Day, the company also showcased a battery that sets a new global record for superfast charging technology. Naxtra breaks resource constraints and strengthens the foundation of the new energy industry, according to Contemporary […]

April 25, 2025

by AEA in News

Turkey to manufacture green hydrogen, nuclear, CCS equipment

The 2030 Industry and Technology Strategy includes setting up industrial facilities in Turkey for nuclear energy, green hydrogen, battery storage and carbon capture and storage (CCS). The country is planning to establish a value chain for critical raw materials. The government vowed to support the development of semiconductor technology, autonomous and flying vehicles and cybersecurity […]

April 25, 2025

by AEA in News

Terna Energy to make pumped storage, wind power hybrid in Amari in Crete

Greek renewable energy company Terna Energy, recently acquired by Masdar, made a step forward in its Amari hybrid power plant project in Crete. The facility in the country’s largest island would comprise two wind farms with a total capacity of 81.6 MW and a pumped storage hydropower station, at the Amari dam reservoir, of 50 […]

April 25, 2025

by AEA in News

MORE puts 43.2 MW wind park in northern Greece into regular operation

Motor Oil Renewable Energy (MORE) received the operating license for its 43.2 MW wind power plant near the border with North Macedonia. The facility was in test operation since the fourth quarter of 2023. MORE has 839 MW in renewable electricity plants in operation, aiming to reach 2 GW by 2030. There is already almost […]

April 25, 2025

by AEA in News

Zagreb on track to reach almost 20 MW of solar on public buildings

Zagreb operates solar power plants with a total capacity of 2.43 MW on public buildings, and an additional 16 MW is set to be installed on roofs, according to Mayor Tomislav Tomašević. In 2021, the capital city of Croatia presented the Sunny Roofs program for the installation of photovoltaic plants with a combined capacity of […]

April 25, 2025

by AEA in News

Montenegro’s CEDIS to invest EUR 30 million in distribution grid

Montenegrin electricity distribution system operator CEDIS plans to invest EUR 30 million this year or EUR 6 million more than in 2024. The increase in investments demonstrates greater ambitions year after year and that grid works are becoming more intensive and demanding, according to CEDIS. The country’s distribution system operator (DSO) said it would increase […]

April 25, 2025

by AEA in News

Constitutional Court of Bulgaria annuls exemptions for renewables on agricultural land

The Constitutional Court of Bulgaria scrapped a legal provision that enabled investors to build agrivoltaic facilities on high-grade agricultural land without changing its purpose, and one that simplified the procedure of changing the purpose to build renewable energy plants intended for non-agricultural needs. Authorities can’t simplify procedures for renewable energy plants at the expense of […]

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