Fortis Energy has obtained a construction permit for a solar park of 270 MW on the territory of the city of Sremska Mitrovica in Serbia, Mayor Branislav Nedimović said. The company plans to include a battery energy storage system (BESS) of 36 MWh. Turkey-based Fortis Energy bought a solar power project in Serbia last year, […]
When discussing Europe’s green transition, battery energy storage systems (BESS) are often talked about as “the next big thing,” as the technologies have the potential to transform the grid, stabilise renewable energy sources, and enable new business models. However, while it’s easy to talk about storage, operating it with real assets, real risks, and real […]
Battery technology developer ElevenEs, which has production facilities in Serbia, plans to build a EUR 600 million gigafactory. It revealed that it is considering locations in Poland. The company said InnoEnergy is now one of its main shareholders. Now backed by a group of international investors including the InnoEnergy fund, ElevenEs announced its next major […]
The ambitious Apollo program, which the Greek government outlined in late 2023, is losing EUR 100 million. The European Union earlier approved the grant for investments in renewable energy and storage, intended to lower energy costs for vulnerable consumers through self-consumption. The first phase of the Apollo program was envisaged to help vulnerable households. It […]
State-owned power utility Elektroprivreda Srbije (EPS) and the Government of Serbia plan to develop a 500 MW wind farm project with a strategic partner, according to Aleksandar Latinović, Head of Ancillary Services at EPS. He also noted that a 1,000 MW solar power project is expected to be online by 2029. The Energy Infrastructure Development […]
Airports in Istanbul and Athens are becoming completely self-reliant with their large solar power projects. Many other airports in Southeastern Europe are investing in photovoltaics as well. Together with energy efficiency, electric mobility and waste and wastewater management projects, they aim to decarbonize their operations and reduce their environmental impact. Surfaces around infrastructure such as […]
September 30 marks a crucial deadline for standalone battery projects selected through Greece’s first two auctions. Investors in battery projects of about 700 MW in total are rushing to submit their so-called declarations of readiness to the Independent Power Transmission Operator (IPTO or ADMIE) by the end of September. After that point, the projects must […]
A hybrid energy project transforming Agios Efstratios into the first energy-autonomous island in Greece is in trial operation. The system consists of a wind turbine, solar power plant, batteries, electric boilers and a district heating network. It is a benchmark for the non-interconnected islands that won’t be connected to the mainland grid with undersea power […]
The latest data showed that prosumers in Romania don’t have a much larger total capacity anymore than commercial solar power plants, a segment accelerating in expansion. The share of units for self-consumption that include energy storage reached 5.8% in the first half of the year, compared to 1.2% six months earlier. Total number of prosumers […]
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 tender for three units of 40 MW each. EMA, the electricity market association of private companies has been trying to […]