Elnos Group will build a connection to the transmission grid for the 300 MW Vetrozelena wind farm near the city of Pančevo in Serbia. Vetrozelena is the largest wind power plant under construction in Serbia. The largest existing one is Čibuk 1, with a capacity of 158 MW. It has been producing electricity since October […]
Market conditions have become challenging for renewables in the CEE region, alongside uncertainties in the regulatory sphere, which calls for advanced and tailored financing solutions, according to participants in UniCredit Serbia’s workshop on navigating capital flows in the segment, including mergers and acquisitions (M&A). Investors, UniCredit’s clients, highlighted the growing importance of battery energy storage […]
One of the biggest photovoltaic plants in Romania is due to begin commercial operation by the end of the year. China Huadian Corp., which bought 49%, is reportedly acquiring the entire 134 MW facility. Project firm Grup Blauer București has completed the construction of a solar park in southern Romania. The 134 MW facility in […]
CWP Europe has signed a joint declaration with the European Commission, the Albanian Investment Development Agency, and the Montenegrin Investment Agency in support of its two landmark renewable energy projects – the Tropoja wind farm in Albania and the Montechevo solar farm with battery storage in Montenegro. The declaration of support for CWP Europe’s projects […]
WISE Serbia, the Network of Women in Sustainable Energy, Climate Action, and Environment, under the auspices of the German development cooperation GIZ, announces the call for nominations for the 2025 Female Leader in Sustainable Energy Award. The call is intended for women who are professionally engaged in the energy and related sectors in the Republic […]
In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products. CWP Europe has successfully completed and commissioned a […]
In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products. CWP Europe has successfully completed and commissioned a […]
The technological solutions needed to increase the share of renewable sources in Southeast Europe are already available and accessible, according to Maja Turković, Senior Vice President of CWP Europe. Countries in the region now need to adopt regulations to boost the deployment of battery storage and hybrid power plants, she said on the sidelines of […]
Technologies for the energy transition already exist, and their use is increasing thanks to falling costs. Investors and bankers claim they are ready to invest and that money isn’t an issue. The missing part are upgraded transmission grids, along with policies and regulations to integrate everything into a suitable environment, according to investors and lenders […]
CWP Europe signed a power purchase agreement (PPA), including balancing responsibility, and a contract for difference (CfD) for its Solarina photovoltaic project, with Serbia’s state-owned power utility Elektroprivreda Srbije (EPS). Solarina is a special purpose vehicle or SPV for a photovoltaic park of 150 MW in connection capacity. Its site is near the city of […]