The first tokenization in Serbia’s energy sector has been completed, with AVR Solar Park selling 80% of AVR Solar Tokens, worth EUR 600,300, out of EUR 725,000 on offer. The company emphasized that this innovative financing model has the potential to...
Serbia’s transmission system operator Elektromreža Srbije signed a contract for the construction of a two-system 400 kV transmission line from the Obrenovac substation to the Bajina Bašta substation. The power line from the Obrenovac substation to th...
Cypriot Minister of Finance Makis Keravnos said the Great Sea Interconnector (GSI) project still faces very serious political obstacles. He highlighted the pressure from Turkey, alongside the financing disputes with Greece regarding the EU-backed bil...
EDP Renewables declared its two new wind farms in Central Greece and Thessaly open, adding almost 70 MW to the transmission grid. The country expanded its wind power capacity by only 125 MW last year. EDP and its subsidiary EDP Renewables held an ina...
Greek authorities are rushing to secure the electricity system against a possible blackout during Easter. Greece currently produces much more electricity than it needs on certain days due to a high renewables penetration and insufficient energy stora...
A new ministerial decree sets the framework for the installation of 3.55 GW of energy storage – standalone batteries, without subsidies. The new framework for batteries, presented by the Ministry of Environment and Energy, is under public consultatio...