Austria-based Enery intends to commission a four-hour battery storage system of 150 MW in central Bulgaria by the end of the first quarter of next year. The project relies on a virtual power purchase agreement (PPA) with Vitol. Enery said it has secured a green financing package from DSK Bank AD for its flagship 600 […]
Engie Romania, a subsidiary of French energy giant Engie, has bought a 253.1 MW wind farm project in Ialomiţa County. The wind farm, currently under construction, will double the company’s renewable energy portfolio in Romania to over 500 MW. The Ialomiţa Nord wind farm project was acquired from the Romanian subsidiary of Portugal-based Greenvolt, owned […]
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 […]
Romania apparently achieved moderately lower prices at its additional wind power auction for contracts for difference (CfDs) than in the regular round. According to a media report, nine bids were approved, for seven proposed facilities, and the winners include OX2, Qair and Zen Energy Group. All wind farm projects in Romania that obtained the right […]
Investors in photovoltaic projects were mostly willing to pay large sums at Turkey’s latest YEKA auction to secure a minimum guaranteed price for five years, followed by 20-year power purchase agreements. The government earned EUR 84.8 million overall from the secondary bidding for 650 MW, split into six areas. One zone is for a floating […]
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 […]
The City of Novi Sad plans to produce electricity and heat from solid municipal waste and has invited bids for a preliminary feasibility study for a cogeneration plant that would burn processed waste from a planned regional waste management center. Surplus energy could be stored within the future solar thermal system. Serbia’s capital, Belgrade, already […]
Austria-based Enery is preparing to begin construction works early next year on a photovoltaic facility of 750 MW in peak capacity just outside of Bucharest. It would currently be Europe’s largest solar power plant. A few other megaprojects are underway, too, but the Ogrezeni facility is planned with a battery energy storage system that would […]
LONGi, the global leader in solar technology, unveiled its energy storage strategy in London, officially announcing its entry into the storage sector with the launch of the LONGi Energy Storage One-Stop Solution. This marks LONGi’s strategic evolution from a global photovoltaic leader to an integrated Solar-Storage-Hydrogen comprehensive energy solution provider. Addressing the challenge of the […]