Bulgaria’s coal regions will receive BGN 1.58 billion (EUR 808 million) through the Just Transition program, under the European Union’s Just Transition Fund (JTF), for energy efficiency, renewable energy, and green hydrogen projects, as well as for converting mining areas for commercial use. With a EUR 598 million program already underway, total investments in the […]
Israeli company Econergy, owner of the largest photovoltaic park in Romania, has selected Shanghai Electric as the engineering, procurement, and construction contractor for a facility with a two times higher capacity and a 150 MW battery energy storage system. After building the solar park in Romania’s Brașov county for Econergy, Shanghai Electric also won the […]
Standalone battery units in Greece are expected to be profitable both in the short and the long term, according to a new study by the Aristotle University of Thessaloniki (AUTh). The results were based on a simulation carried out for a variety of battery types, with storage durations between two and five hours. A maximum […]
Croatia is investing only half as much in the electricity network as Slovenia and Austria, said Managing Director of North-West Croatia Regional Energy and Climate Agency (REGEA) Julije Domac. He warned that without an acceleration in grid investments, there are no renewable sources and no energy transition. Croatia is about to overcome one of the […]
Reliance on a single source or supplier is a risk of the past – the future belongs to diversified, sustainable, and safe energy solutions, Minister of Energy, Mining and Mineral Resources of North Macedonia Sanja Božinovska said at the opening of the 14th International Forum on Energy for Sustainable Development in Skopje. The three-day International […]
RatedPower, a leading provider of software for PV plant and BESS design and engineering, has organized a webinar to present its solutions that make it faster and easier for developers and contractors to design and build PV and battery storage facilities, helping increase their efficiency and profitability. The online event included a step-by-step demonstration of […]
Croatia has allocated EUR 50 million to support businesses in installing batteries for storing energy from their existing solar power plants or ones they plan to install. In recent years, many companies all over Europe have installed solar panels for self-consumption to reduce electricity costs. But battery energy storage systems (BESS) offer additional benefits for […]
Swedish energy storage operator Repono has completed the acquisition of a 202 MW / 404 MWh battery energy storage system project located in Romania’s Argeș county. Romania has become one of the most active markets for battery energy storage system (BESS) projects in South East Europe. Developed by a domestic firm, the Argeș project reached […]
Romanian power supplier and distributor Electrica has initiated a permitting procedure for the construction of 15 battery energy storage parks, with a combined capacity of about 1 GWh, aimed at providing flexibility to the national grid and supporting the integration of renewable energy sources. The battery energy storage systems (BESS) would boost Electrica’s ability to […]
Renewable energy company Sany International (Singapore) has completed the acquisition of a project for a solar power plant of 95 MW in peak capacity combined with 218 MWh in battery storage. The location is in Romania’s Dolj county. SANY Renewable Energy signed power purchase agreements (PPAs) and contracts for difference (CfD) earlier this year in […]