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 releasing it into the grid at hours of increased demand. Engineering, supply and construction company […]
A grid-forming battery energy storage system of 3 MW was put into trial operation at the Vatopedi monastery on Mount Athos. The project is part of the green energy transition of the monastic republic in northern Greece. The Sacred Patriarchal and Stavopegial Monastery of Vatopedi, founded in the 10th century, has a microgrid. Engineering, procurement […]
MAVIR, the Hungarian electricity transmission system operator (TSO), put into operation a battery energy storage system, BESS, of 20 MW in capability and a three-hour cycle. It will help grid security and the integration of renewable energy sources. After entering the world’s top ten in photovoltaic capacity per capita, Hungary is picking up pace in […]
As part of its decarbonization efforts, Romanian hydrocarbons producer OMV Petrom is strengthening its presence in neighboring Bulgaria. It agreed to buy 50% of the Gabare solar power project, of 400 MW, from its developer Enery Element. The solar power investment frenzy in most of Southeastern Europe is continuing despite rising curtailments and the frequent […]
MOL’s 37.4 MW solar power plant with a battery energy storage system (BESS) of 40 MWh will contribute to the energy independence of its oil and gas complex in southern Hungary. Alteo is the contractor building the facility. The battery segment has received grants totaling EUR 20.5 million. MOL Group marked the start of construction […]
Slovenia’s Ministry of the Environment, Climate and Energy, in cooperation with electricity market operator Borzen, has allocated nearly EUR 17 million in grants for businesses planning to install battery storage systems. The grants are intended for the purchase and installation of battery storage units, hybrid inverters, and electrical installations and equipment. The subsidy can cover […]
Virtual power plants, aggregators, and flexibility are gaining increasing attention, and not just within the energy sector. The growth and volatility of electricity prices have forced many businesses and institutions to install solar panels to cut costs. Virtual power plants – set up by aggregators to provide flexibility services – can generate additional income for […]
Investors and developers of battery energy storage systems (BESS) should engage with insurers or specialized brokers as early as the development phase to effectively manage risks and ensure bankability, advised Dimitar Dimitrov, Business Development Manager at Renewable Energy Insurance Broker (REIB), during Belgrade Energy Forum 2025. With over 4 GWh of energy storage systems across […]
MET Group installed a battery energy storage system of 40 MW and a two-hour duration at its gas power plant Dunamenti near Budapest. The company said it is the largest BESS in Hungary. Hungary’s largest standalone battery energy storage system (BESS) has been inaugurated today. MET Group put into operation a facility of 40 MW […]
The Government of Spain said the total blackout in the Iberian Peninsula, which occurred on April 28, was caused by overvoltage, with several factors contributing to the crash. Notably, the system run by the country’s TSO Red Eléctrica de España lacked sufficient voltage control. Deputy Prime Minister Sara Aagesen even said the point of no […]