Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó said Serbia can count on an increase in supply of oil and fuel from MOL, as NIS is now under US sanctions. However, it cannot fully replace the volume that was coming through Croatia, he warned and stressed that it shows the risk of depending […]
Principia built its first battery system in just six months. The Themelio facility in Chalkidiki in northern Greece, with 49 MW in operating power, will help reduce curtailments from wind and solar power plants and contribute to grid stability. One of the first standalone battery energy storage systems (BESS) in Greece is coming online in […]
CEO of Slovenian state-owned energy utility GEN energija Dejan Paravan has resigned. According to a news report, he is joining NGEN, but the company still didn’t comment on the speculation. GEN energija, which is developing a project for Slovenia’s second nuclear power plant, is about to appoint a new CEO. After necenzurirano.si reported that Dejan Paravan, the […]
Minister of Economy Ante Šušnjar has said that Croatia is prepared to acquire Russian-owned oil company NIS in Serbia, which came under US sanctions today. Croatian state-owned oil pipeline operator Jadranski naftovod (JANAF) relies heavily on deliveries to NIS, and Šušnjar believes the acquisition would benefit both Croatia and Serbia. The US sanctions against the […]
Geothermal well developer and operator Green Tech International started the construction of a geothermal hydroponic greenhouse complex on ten hectares in western Romania. It is part of a five-year plan to reach 50 hectares. Green Tech International, listed this year on the Bucharest Stock Exchange (BSE or BVB), said it has started the works on […]
The second line of the submarine cable connecting Montenegro and Italy is expected to be completed by 2031, Montenegro’s Minister of Energy and Mining Admir Šahmanović said at the European Union – Montenegro Investment Conference. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened yesterday in Luštica, near Tivat, by […]
Alcazar Energy intends to increase its investments in Montenegro from USD 200 million to USD 500 million, according to Co-Founder and Managing Partner Daniel Calderon. Alcazar Energy is one of the companies with which Montenegro has signed memoranda of understanding on projects in the energy sector. It was done today at the EU-Montenegro Investment Conference […]
A total of 14 cooperation projects between Montenegrin and European companies have been initiated at the ongoing European Union-Montenegro Investment Conference, including investments in wind farms, solar parks, energy storage, and grids. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened today in Luštica, near Tivat, by the President of […]
As part of efforts to ensure that all electricity consumed by Apple devices is matched with green energy, the United States–based tech giant is facilitating 650 MW of renewables projects across Europe, including through power purchase agreements (PPA). By 2030, wind and solar power plants in Spain, Greece, Italy, Latvia, Poland, and Romania are expected […]
Vienna-based Renalfa IPP commissioned a 65 MW / 260 MWh battery energy storage system within its hybrid power plant project in Tenevo. Also in Bulgaria, the joint venture expanded its Kaolinovo solar power plant to 33 MW and added a BESS of 33 MW in operating power and 110 MWh in capacity. One of the […]