International Power Supply (IPS) opened its Factory X1, with a capacity of 3 GWh per year. It is the first gigafactory in Bulgaria for battery energy storage systems (BESS). Recognized by the European Commission as a strategic project for a net zero industry, Factory X1 officially began production. International Power Supply (IPS) held the inauguration […]
The Urleasca wind farm in Brăila county in eastern Romania is complete, contractor CJR Renewables said. The 102 MW facility owned by BIG Mega Renewable Energy will generate an estimated 277 GWh. Wind power investments are returning to full speed in Romania, following a decade-long break and a stellar expansion in the photovoltaics segment over […]
Karatzis Group of Companies and Metlen are establishing a joint venture for a standalone battery energy storage system (BESS) of 330 MW and 790 MWh. It is the biggest project in Greece so far and one of the biggest in Europe. Metlen said it is entering into a new strategic partnership in Greece with Karatzis […]
Policy changes in the United States introduced by the administration of President Donald Trump will have only a marginal impact on the global energy transition, according to the latest Energy Transition Outlook, produced by DNV. Norwegian consulting firm DNV pointed out in a report that energy use by artificial intelligence may seem alarming, but that […]
Executive Director of Bulgarian Energy Holding (BEH) Valentin Nikolov hinted that the country would opt for the alternative electricity corridor to the Caucasus, via Turkey, if the proposed interconnector under the Black Sea doesn’t include a direct link to the Bulgarian grid. Turkey, Azerbaijan, Georgia and Bulgaria formalized an initiative in April for an electricity […]
Serbian transmission system operator (TSO) Elektromreža Srbije (EMS) and Montenegrin TSO CGES agreed that each would become the owner of the parts of overhead transmission lines on its country’s territory, and signed a contract. EMS and CGES signed a contract on the purchase of electricity infrastructure. The two state-owned TSOs said it is the confirmation […]
Romanian state-owned power utility Hidroelectrica will install storage on all its run-of-river hydropower plants, to be able to switch the supply of surplus electricity to the evening peak, according to interim CEO Bogdan Nicolae Badea. Hybrid power plants are all the rage. Two- and even three-way combinations between batteries and solar and wind power plants […]
By adopting the Reform Agenda, Bosnia and Herzegovina committed to liberalizing the electricity market, aligning electricity prices with market levels, and supporting the green transition through renewable energy sources and energy efficiency. The Council of Ministers of Bosnia and Herzegovina adopted the Reform Agenda, after a delay longer than one year, and submitted it to […]
Over 300 officials, policymakers, experts, business leaders, scholars and civil society representatives are gathering in Skopje on October 28 at the three-day International Forum on Energy for Sustainable Development (14-IFESD). Key topics include energy connectivity, energy security, a just energy transition and international energy cooperation. The 14th International Forum on Energy for Sustainable Development (14-IFESD) […]
Econergy agreed to buy out Nofar’s 50% stake in the 155 MW Rătești photovoltaic plant, the largest in Romania. The next step is to add a 120 MW battery energy storage system. Econergy Renewable Energy said its subsidiary Econergy International, in which it holds 75.2%, has signed an agreement with Nofar Energy to acquire the […]