Nova Power & Gas has commissioned the largest battery energy storage system in Romania, doubling the country’s total capacity. The installation in Florești, Cluj County, has an operating power of 200 MW and a capacity of 400 MWh. Before the new facility was commissioned, Romania’s overall battery energy storage capacity was 398.8 MWh, according to […]
Turning cheap daytime solar electricity into a dispatchable profile results in a total electricity cost of USD 76/MWh, according to the latest analysis by Ember. Ember’s assessment of storage costs is based on recent auctions in Italy, Saudi Arabia and India and on expert interviews. Across global markets outside China and the United States, the […]
Representatives of the Government of Montenegro and Masdar discussed potential joint projects in the energy sector. The focus of the meeting was on solar energy, energy storage, and hydropower. Minister of Energy and Mining of Montenegro Admir Šahmanović and the Minister of Public Works Majda Adžović met today at Villa Gorica in Montenegro’s capital Podgorica […]
Power utility Elektroprivreda Crne Gore has launched its second battery energy storage system procurement tender. The required capacity is drastically lower than in the first call. The initial public procurement was canceled because state-owned energy company Elektroprivreda Crne Gore (EPCG) didn’t obtain approval from the Government of Montenegro to take a loan for a EUR […]
Croatia’s highway management enterprise, Hrvatske Autoceste, is implementing a project for solar power plants along its highways. The company plans to use the electricity for self-consumption and for electric vehicle chargers. It would reduce costs and increase its energy independence. After a tender procedure, Hrvatske Autoceste (HAC) selected ETS Farago to produce project designs for […]
Econergy Renewable Energy has signed a EUR 40.5 million project finance agreement with UniCredit Bank for its 87 MW Oradea solar power plant in the Crișana region in north-west Romania. The Oradea photovoltaic facility has been fully connected to the grid since August 2025, and is generating revenues, according to Israel-based Econergy. The proceeds will […]
Premier Energy has acquired a project for a 400 MWh battery energy storage system at a site near Iași, Romania’s third-largest city. Premier Energy Group has announced the acquisition of 100% of a ready-to-build project for a battery energy storage system (BESS). The planned power input and output is 200 MW, while the energy storage […]
Grid operators in Germany received requests for the connection of large battery energy storage systems with an operational power totaling 400 GW and capacity of 661 GWh overall. It is 174 times greater than the current capability of all the batteries in the country, and 206 times more than their capacity, respectively. The Federal Network […]
Energy storage in Europe has been expanding rapidly since 2020, with the total installed capacity in the European Union, the United Kingdom, Norway, and Switzerland set to reach 100 GW by the end of November. Pumped hydro storage has the largest share of the existing capacity, 50.6 GW, followed by batteries, with 44.8 GW of […]
Hybrid power purchase agreements from co-located projects, battery offtake agreements, and stand-alone PPAs are beginning to dominate the renewable energy market, according to Luca Pedretti, Co-Founder & COO of Pexapark. The power purchase agreement (PPA) market is going through a turbulent period. Two days ago, RE-Source Platform noted that the number of PPAs in Europe […]