The rollout of the European Union’s new power pricing system in October, with prices set every 15 minutes, rather than every hour, has increased the profit potential of battery energy storage systems (BESS). In several countries, BESS profits now have the potential to rise by more than 15%, according to an analysis by research and […]
Consumers connected to the 6 kV electricity network in Albania are legally obligated to find a private supplier on the free market by January 1, 2026. The move represents the completion of a multi-year transition for industrial and commercial users. On January 1, 2026, all medium and large businesses in Albania will be part of […]
State-owned power utility Elektroprivreda Srbije intends to commission a study of the potential use of heat pumps at four hydropower plants in southwestern Serbia. The call lasts until February 10. As technology advances, energy companies are increasingly turning to solutions based on renewable sources as well as combining them with existing systems that also don’t […]
Warsaw-based Synthos Green Energy and Bulgarian firm Blue Bird Energy agreed to cooperate in the installation of small modular reactors. Synthos Green Energy (SGE) and Blue Bird Energy (BBE) have signed a letter of intent (LOI) to partner on the deployment of small modular reactors in Bulgaria, SGE said. The two firms plan to establish […]
Romanian ENEVO Group has started the construction of a solar power plant for Croatia-based ENNA Group. The site for the 87.5 MW photovoltaic plant is 25 kilometers southwest of Romania’s capital Bucharest. It is ENNA Group’s first major investment outside of Croatia. Installation began after an EPC contract was signed in November between PVP Cepheus, […]
Polat Holding’s joint venture with İş Enerji has received the license for the 12.8 MW battery energy storage system (BESS) integrated with its Ege wind power plant of 15.2 MW in western Turkey. It is the largest hybrid power plant of its kind in the country. In cooperation with SolarToday Türkiye and iNOVAT, Polat Enerji […]
North Macedonia’s power utility Elektrani na Severna Makedonija has secured EUR 97 million for the installation of the Bitola 3 solar power plant and revitalization of hydropower plants. Elektrani na Severna Makedonija (ESM) said today it signed the contracts for a state guarantee and loans totaling EUR 97 million for two major energy projects. This […]
Paris-based TotalEnergies agreed to divest of 50% of its 424 MW wind and solar portfolio in Greece. The sale to investment management firm Asterion Industrial Partners, part of a global savings strategy, values the assets at EUR 508 million. Multinational energy giant TotalEnergies is proceeding with a plan from last year to raise cash through […]
Leitwind makes wind turbines from 250 kW to 3 MW, engineered to perform efficiently under the full range of wind conditions in Southeastern Europe, from the calm Aegean islands to the stronger continental winds of Serbia, Thrace, or the Danube basin. The Balkans are entering a new phase of wind energy development — one defined […]
Coal land of Romanian state-owned CE Oltenia is undergoing transformation with the beginning of construction of four photovoltaic plants. The projects, which the company is conducting with OMV Petrom, are for 550 MW in combined capacity. In a separate partnership, with Tinmar Energy, 280 MW more is in development. Almost four years after the European […]