Romania registered the first negative day-ahead electricity price for a workday. The phenomenon, which only used to occur on holidays and weekends, has emerged in Slovenia as well. In spring and autumn, most of Europe occasionally faces periods of excessive power grid loads. The rapid rise in solar and wind power production and the lack of […]
The company Horius d.o.o. has officially signed an exclusive distribution agreement, making Horius the sole authorized distributor of PupinEnergy AC electric vehicle chargers in the Republic of Serbia. This partnership marks a significant step forward for e-mobility development in the country, providing high-quality and reliable EV charging solutions inspired by the legacy of one of […]
In partnership with domestic company Gener 2, Greece-based GEK Terna and DEPA Commercial are preparing to build the first gas power plant in Albania. The current phase involves seeking financing. Separately, Azerbaijan’s SOCAR is expected to start installing the first gas distribution network in Albania, in the city of Korça. Albania is almost 100% dependent […]
Motor Oil Renewable Energy (MORE) received the operating license for its 43.2 MW wind power plant near the border with North Macedonia. The facility was in test operation since the fourth quarter of 2023. MORE has 839 MW in renewable electricity plants in operation, aiming to reach 2 GW by 2030. There is already almost […]
The Constitutional Court of Bulgaria scrapped a legal provision that enabled investors to build agrivoltaic facilities on high-grade agricultural land without changing its purpose, and one that simplified the procedure of changing the purpose to build renewable energy plants intended for non-agricultural needs. Authorities can’t simplify procedures for renewable energy plants at the expense of […]
New wind turbine installations reached an all-time high 117 GW last year, slightly above the 2023 level, Global Wind Energy Council (GWEC) revealed in its annual report. According to its calculations, China’s share in the additions was 68.2%. At the end of December, the country hosted 45.8% of all wind power capacity, which climbed to […]
Eximprod Grup is about to commission a 65 MW photovoltaic facility in Prahova county, north of Bucharest, before adding a battery system, and Simtel obtained financing for the completion of a 52 MW solar power plant in Giurgiu, south of Romania’s capital city. Additionally, the developer of a project of a similar size in Alba […]
Construction companies Terna and Aktor are about to start building a solar power plant of 400 MW in northern Greece and another 100 MW near Larissa, for state-owned DEPA Commercial, according to a new report. In its switch toward cleaner sources, the gas holding has also finished the construction of its biomethane plant. Greek state-controlled […]
Developers of 82 standalone battery storage projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies from the Ministry of Energy. Another 30 landed below the line, but the government intends to boost the program by EUR 120 million. More than four months after the deadline for […]
Bulgaria’s minority government decided to call off the planned sale of equipment from the failed Belene nuclear power project to Ukraine’s Energoatom and reactivate the plans. There is an idea to attract investments in data centers that could be supplied with the electricity. At the same time, state-owned Bulgarian Energy Holding is preparing to build […]