Under the European Economic Area and Norway Grants, Croatia is entitled to EUR 21.6 million from the Green Transition Programme and EUR 22 million from the Green and Blue Business Innovation Programme in the period until 2028. The funding is part of a EUR 111 million mechanism, which includes support for local development and the […]
German nuclear fusion startups expect the first industrial pilot plants by 2030 and the first commercial one by the end of the 2030s. Leading European startups have called on the German government to provide support to seize the historic opportunity. Nuclear fusion is seen as a silver bullet for the growing energy demand and energy […]
Bulgaria should discuss the possibility of installing small modular reactors on its territory with companies developing the technology, according to Minister of Energy Zhecho Stankov. In his view, it is a logical step after the country signed a memorandum of understanding with the United States on nuclear energy and assistance in preliminary studies. Minister of […]
CMS is the first law firm in Belgrade to install a solar power plant on the roof of its own building. The plant has been in operation for nine months now. Two months ago, it also obtained official status as a prosumer (buyer-producer) of electricity. It is an important milestone in CMS Belgrade’s transition to […]
Aurora Energy Research expects strike prices at the additional renewable energy auction in Romania, for the remaining wind power quota, to land near the ceiling, set at EUR 80 per MWh. In the previous round, there was strong competition between the bidders for the photovoltaic segment, while developers of wind energy projects may have seen […]
Germany’s KfW Development Bank is donating EUR 2 million to Elektroprivreda Bosne i Hercegovine (EPBiH). The funding is for the acceleration of the energy transition and strengthening market mechanisms in Bosnia and Herzegovina’s state-owned power utility. The grants cover monitoring carbon dioxide emissions and related reporting as well as the development of a decarbonization roadmap […]
After the first two units of 5 MW each, state-owned Turkish Coal Enterprises (TKI) is planning two solar power plants of 14 MW in combined peak capacity at sites of its previous mining operations. Former coal mines and their tailings dumps, together with the ash disposal fields of thermal power plants, are among the most […]
Elektroprivreda Republike Srpske expects a loss of BAM 29 million (EUR 14.8 million) this year, according to the power utility’s CEO Luka Petrović. The reasons for the poor business results of Elektroprivreda Republike Srpske (ERS) are bad hydrological conditions and an increase in electricity imports, Luka Petrović said, as quoted by news agency Srna. ERS […]
Seven projects for 1.88 GW of total electrolyzer capacity turned out to be unfeasible even with grants won at the second European Hydrogen Bank auction, out of 2.34 GW overall. The developers withdrew, with some citing policy and infrastructure delays and uncertainty. A project from the first renewable hydrogen auction also pulled out. The European […]
Prime Batteries Technology started the works on multiplying the capacity of its battery storage factory in Bucharest, despite the deteriorating prospects for its industry segment in Romania. Czechia-based Tesla Group has given up on a manufacturing facility project worth almost EUR 100 million, even with state aid approved. The government’s renegotiation of a funding package […]