Elektroprivreda Crne Gore, owned by the Government of Montenegro, has held discussions with several companies and financiers from the region, Europe, and the world about its project for battery energy storage systems. Elektroprivreda Crne Gore (EPCG) said in September that it started the preparations to install battery energy storage systems (BESS). After the Board of […]
Monsson Group is preparing to build a manufacturing facility in Petrila for renewable energy equipment, including robots that clean solar panels. The project received funding to contribute to the just transition of Romania’s coal region Jiu valley – Hunedoara. An investment of nearly EUR 10 million in the first phase is underway in Transylvania, in […]
Greece’s government-controlled power utility PPC and Masdar’s subsidiary Terna Energy are separately building two photovoltaic plants in Bulgaria, worth an estimated EUR 190 million in total. The biggest two renewable energy companies in Greece have taken over one major project each in neighboring Bulgaria, where domestic investors dominated the photovoltaics market until recently. Soon after […]
Germany is increasingly looking into geothermal energy storage as a way of decarbonizing its heating sector. The technology allows storing heated water in underground caverns and using it for warming homes and public and private buildings during winter, according to a report by Clean Energy Wire. This thermal energy storage system, called Geotes, promises “the […]