Prime Batteries Technology started the works on multiplying the capacity of its battery storage factory in Bucharest, despite the deteriorating prospects for its industry segment in Romania. Czechia-based Tesla Group has given up on a manufacturing facility project worth almost EUR 100 million, even with state aid approved. The government’s renegotiation of a funding package […]
YESS Power said that in November it plans to commission a 60 MW battery energy storage system (BESS) in North Macedonia. The Turkey-based contractor is installing the facility for Mey Energy at the site of the client’s solar power plant in Novaci. It would be the first large BESS and hybrid power plant in the […]
Fortis Energy has obtained a construction permit for a solar park of 270 MW on the territory of the city of Sremska Mitrovica in Serbia, Mayor Branislav Nedimović said. The company plans to include a battery energy storage system (BESS) of 36 MWh. Turkey-based Fortis Energy bought a solar power project in Serbia last year, […]
The European Union plans to double its support to small and medium-sized enterprises in the 2025-2027 period for investments in energy efficiency and decarbonization. The European Commission and the European Investment Bank (EIB) Group have launched a EUR 17.5 billion financing initiative. According to the commission, more than 350,000 companies across Europe are set to […]
Minister of Energy Bogdan Ivan claims that energy poverty or even blackouts could hit Romania if it proceeds with the closure of coal plants. Namely, the gas power projects for replacing them are suffering severe delays. The European Commission has become flexible for the first time in the last four years, said Romania’s Minister of […]
Serbian authorities and Rosatom have begun talks on the nuclear power plant construction project, according to the Ambassador of Serbia to Russia Momčilo Babić. Serbia recently completed the preliminary technical study on the peaceful use of nuclear energy in the country. However, the country is still a long way away from the potential construction of […]
Slovenian authorities denied a report that they sent Croatia an offer for the joint construction of the Krško 2 nuclear power plant. Earlier, Croatian Novi List reported that Slovenia has sent Croatia an official proposal to build a new unit in the existing nuclear power plant Krško. The model is far less favorable for Croatia […]
Maglizh solar park in central Bulgaria has begun commercial operation, according to 360 Energy, which has built it in partnership with the majority shareholders of Eurohold (Evrohold). The facility has 160.5 MW in peak capacity. A project to add batteries is underway. Bulgaria’s photovoltaic capacity is growing rapidly while the battery storage segment and other energy […]
The Municipality of Novo Mesto has made an important step toward becoming the first major local authority in Slovenia to achieve energy independence. In the presence of Minister of the Environment, Climate and Energy Bojan Kumer, Mayor of Novo Mesto Gregor Macedoni and President of the Management Board of Petrol Sašo Berger signed an agreement […]
North Macedonia’s new Law on Energy Efficiency brings a long-term strategy for the reconstruction of buildings and the obligation to set up solar collectors on public buildings. It envisages financial support for investments in solar panels, geothermal systems and smart technologies. The Assembly of North Macedonia adopted the Law on Energy Efficiency at its last […]