The world’s hydroelectric capacity increased 1.7% last year to 1.44 TW, the International Hydropower Association said in its annual report. It highlighted the sharp rise in the pumped storage hydropower segment. Turkey doesn’t host any such energy st...
Defic Globe, YEO’s Istanbul-based joint venture with Emsolt Investments, acquired 15 project firms developing plans for power plants of 219 MW in total. The portfolio also brings a potential 320 MWh in battery energy storage systems (BESS). Separatel...
With the acquisition of ABO Energy Hellas, HELLENiQ Energy strengthened its project pipeline for renewables and energy storage by a third, to 6 GW. Amid a consolidation in the renewables sector in Greece, HELLENiQ Energy Holdings said it completed, t...
The European Commission proposed an amendment to the European Climate Law, setting a 2040 target of a 90% reduction in net greenhouse gas emissions from the 1990 level. The outlined measures would give certainty to investors, promote innovation and b...
SolarPower Europe believes that the European Union needs ten times more battery storage by 2030 to support the growth of solar and other renewable energy capacities and maintain the pace of the energy transition. To promote battery growth across the...
The new Selanovtsi solar farm of 59.8 MW in peak capacity near Vratsa was installed alongside a battery energy storage system of 107.3 MWh in capacity. The hybrid energy park, owned by Solaris Holding, is now accumulating the midday output and releas...