The ninth Energy Community Summer School has kicked off in Montenegro, gathering 40 participants from 28 countries. On July 19, forty young professionals and researchers from 28 countries convened at the Faculty of Maritime Studies in Kotor, Montenegro, to dive deep into the pressing technical, political, and economic issues driving the energy transition, according to […]
Statkraft has sold its Croatian platform to Resalta, according to the two companies. The transaction, which includes the renewable energy project pipeline and the transfer of employees, was signed and closed in July. Norway-based Statkraft has decided to leave India, the Netherlands and Croatia in October 2024. The company started its Croatian operations in 2021. […]
The largest solar power plant in Slovenia has only 7.1 MW in peak capacity and a 5 MW grid connection. The facility in the country’s southwest, on the border with Italy, has begun regular operation, according to its developer Moja elektrarna. Slovenia is mostly leaning on small photovoltaic and battery storage installations for its renewables […]
The number of power purchase agreements (PPAs) for renewables in Europe fell by 31% and the volume tumbled 26% in the first half of the year from the levels in the same period of 2024, Pexapark found. Germany and France registered sharp declines in the photovoltaics segment, but a surge in Italy and Spain has […]
US-based bank Citi and Bulgaria have established a partnership to secure funding for the construction of units 7 and 8 at the existing 2,000 MW Kozloduy nuclear power plant. Bulgaria’s Ministry of Energy said minister Zhecho Stankov and his delegation have held final talks in New York with Citi’s management. Following a detailed review and […]
Power utility Elektroprivreda Bosne i Hercegovine aborted a waste co-incineration test at its Tuzla coal power plant. It halted the pilot project upon a request from the city authorities. Elektroprivreda BiH (EPBiH) announced it would comply with the resolutions that the City Council of Tuzla adopted, and halt the development project for trial co-incineration of […]
The Energy Community Ministerial Council held its annual informal meeting in Athens, where the organization was founded twenty years ago. No contracting party is expected to meet the criteria for exemption from the Carbon Border Adjustment Mechanism (CBAM) in the electricity sector – the European Union is due to start charging the CO2 tax on […]
Hungarian state-owned energy company MVM has become the majority owner of Serbia-based firms Energotehnika – Južna Bačka from Novi Sad and Elektromontaža from Kraljevo. Energotehnika – Južna Bačka and Elektromontaža, which were privately owned, provide a wide range of services and goods in the energy sector, primarily in Serbia. MVM is the dominant producer, distributor, […]
Global investment firm Brookfield and tech giant Google signed an agreement to deliver up to 3,000 MW of carbon-free hydropower capacity in the United States. Brookfield said the Hydro Framework Agreement (HFA) is the first of its kind and “the world’s largest corporate clean power deal for hydroelectricity.” Brookfield Asset Management, together with Brookfield Renewable, […]
Within the European Union’s proposed budget for the period from 2028 to 2034, the EUR 409 billion European Competitiveness Fund is for investments in strategic technologies, including for the clean transition and decarbonization. The new Connecting Europe Facility (CEF), worth EUR 81.4 billion, would finance the completion of Trans-European Networks and foster the EU’s green […]