The trend of installing rooftop solar on public buildings to create energy communities is gaining momentum in Slovenia, with two more cities, Velenje and Kranj, joining the initiative. Similar projects were recently announced in Celje, Šoštanj, and Novo Mesto. Velenje plans to install solar power plants on 13 public buildings in cooperation with ECE, a […]
At the EU–Western Balkans Investment Forum in Tirana, Serbian company ElevenEs signed a joint declaration of support with representatives of the European Commission and the Development Agency of Serbia, marking a major step toward expanding battery cell manufacturing in the region. ElevenEs CEO Nemanja Mikać signed the document in the presence of European Commission President […]
Telecommunications operator Türk Telekom has inaugurated the first part of a solar power plant of 128 MW in peak capacity. The facility in Sivas province in Central Anatolia is one of the company’s three planned photovoltaic systems, totaling 530 MW. Solar power, affordable and easy to install, is cost-effective for nearly all social and economic […]
Electricity production at state-owned power utility Elektroprivreda Srbije’s (EPS) hydropower plants is set to hit a historic low this year due to unfavorable hydrological conditions, caused by exceptionally low precipitation in the Drina and Danube river basins over the past 18 months. The year-end figure will depend on whether and how well the hydrological situation […]
An overreliance on photovoltaics, combined with slow growth in the deployment of new technologies and storage, threatens Greece’s renewable energy future. The country achieved rapid growth in renewable energy in the past five years, and penetration has surpassed 50% of the electricity mix. However, the very success of the energy policies also led to significant […]
CWP Europe has signed a joint declaration with the European Commission, the Albanian Investment Development Agency, and the Montenegrin Investment Agency in support of its two landmark renewable energy projects – the Tropoja wind farm in Albania and the Montechevo solar farm with battery storage in Montenegro. The declaration of support for CWP Europe’s projects […]
More than three years after the first offshore wind law, Greece made little progress toward achieving the national goal. According to the National Energy and Climate Plan (NECP), the country should have its first 1.9 GW of offshore wind farms by 2030. However, the entire program seems to be on hold. No government official has […]
For NIS in Serbia, doing business will become exceptionally difficult from tomorrow, when the United States imposes sanctions, starting with payment systems. The same goes for any enterprise cooperating with the oil refiner and distributor, majority owned by Russia’s Gazprom Neft and another firm controlled by Gazprom. Nine months after the US announced sanctions against […]
International Power Supply (IPS) opened its Factory X1, with a capacity of 3 GWh per year. It is the first gigafactory in Bulgaria for battery energy storage systems (BESS). Recognized by the European Commission as a strategic project for a net zero industry, Factory X1 officially began production. International Power Supply (IPS) held the inauguration […]
Croatian firm IE-Energy and Slovenia’s NGEN are developing a battery system for smart energy storage, with a total operating power of 60 MW and a capacity of 120 MWh. The project, valued at 60 million, marks the first step toward creating a virtual network of battery storage systems that would connect producers and consumers of […]