Luxembourg-based Zen Energy Group has started the installation of a hybrid energy project in North Macedonia, combining a solar power plant and a battery energy storage system. A solar power plant with a battery energy storage system (BESS) could become the country’s second hybrid power plant, with Fortis Energy installing energy storage near Oslomej solar […]
Battery technology developer ElevenEs, which has production facilities in Serbia, plans to build a EUR 600 million gigafactory. It revealed that it is considering locations in Poland. The company said InnoEnergy is now one of its main shareholders. Now backed by a group of international investors including the InnoEnergy fund, ElevenEs announced its next major […]
The ambitious Apollo program, which the Greek government outlined in late 2023, is losing EUR 100 million. The European Union earlier approved the grant for investments in renewable energy and storage, intended to lower energy costs for vulnerable consumers through self-consumption. The first phase of the Apollo program was envisaged to help vulnerable households. It […]
The International Hydropower Association (IHA) and Eurelectric launched the Paris Pledge. It is a collective call to action, aimed at unlocking the potential of pumped storage hydropower in Europe. The signatories urge the European Union and national governments to create the right conditions for long-duration storage to meet clean energy goals. Over 50 utilities, hydropower […]
Necessary investments in Bosnia and Herzegovina’s electricity distribution grids by 2030 amount to BAM 1.4 billion (EUR 716 million), according to Zijad Bajramović, chairman of the Bosnia and Herzegovina committee of the International Council on Large Electric Systems (CIGRE). The growing installation of power plants utilizing renewable energy sources is creating congestion in transmission and […]
Bulgaria’s Ministry of Energy has launched a public consultation on a new round of its subsidy program for battery energy storage projects, aimed at facilitating the integration of renewable energy sources. The plan is to support the deployment of 1.9 GWh of new battery capacity with around EUR 118 million. In the first round of […]
Airports in Istanbul and Athens are becoming completely self-reliant with their large solar power projects. Many other airports in Southeastern Europe are investing in photovoltaics as well. Together with energy efficiency, electric mobility and waste and wastewater management projects, they aim to decarbonize their operations and reduce their environmental impact. Surfaces around infrastructure such as […]
September 30 marks a crucial deadline for standalone battery projects selected through Greece’s first two auctions. Investors in battery projects of about 700 MW in total are rushing to submit their so-called declarations of readiness to the Independent Power Transmission Operator (IPTO or ADMIE) by the end of September. After that point, the projects must […]
German startup Voltfang has opened a plant to manufacture energy storage units for solar and wind from used electric vehicle batteries. The company says the facility is the largest of its kind in Europe, with annual output set to reach 250 MWh in 2026. The plant in Aachen will produce second-life battery storage systems for […]
A hybrid energy project transforming Agios Efstratios into the first energy-autonomous island in Greece is in trial operation. The system consists of a wind turbine, solar power plant, batteries, electric boilers and a district heating network. It is a benchmark for the non-interconnected islands that won’t be connected to the mainland grid with undersea power […]