Pressed by the lack of electricity system flexibility, Cyprus is rushing to deploy battery storage facilities under indirect state control. Private companies are complaining that Transmission System Operator Cyprus (TSOC) is favored at a current tend...
In an accelerating investment wave, companies in Romania are combining BESS with solar power, hydropower and wind power, or building standalone energy storage facilities. The group includes R.Power, Hidroelectrica, Engie and more big names. Recent up...
Romanian state-owned hydropower plant operator Hidroelectrica, the largest electricity producer in the country, is looking to take over a 250 MW wind farm project under development and a total of about 270 MW of solar projects. Hidroelectrica’s plan...
The European Union has an ambitious goal to lift the number of heat pumps to 60 million by 2030. Still, total sales of the devices in 19 European countries fell by a combined 22% last year, according to the European Heat Pump Association (EHPA). As p...
North Macedonia has issued 107,666 guarantees of origin for electricity in the first two months since introducing the mechanism. In April, the National Electricity Market Operator (MEMO) established the Register of Guarantees of Origin for electricit...
Elektroprivreda Srbije achieved a profit of RSD 27.4 billion (EUR 233.8 million) in the first half of 2025. The financial result of the state-owned Elektroprivreda Srbije (EPS) is lower than in the same period of 2024, when profit amounted to RSD 32....