CWP Europe has signed a joint declaration with the European Commission, the Albanian Investment Development Agency, and the Montenegrin Investment Agency in support of its two landmark renewable energy projects – the Tropoja wind farm in Albania and the Montechevo solar farm with battery storage in Montenegro. The declaration of support for CWP Europe’s projects […]
An international consortium led by South Korean state-owned Korea Hydro & Nuclear Power Co. (KHNP) has launched an overhaul of a reactor at Romania’s only nuclear power plant, Cernavodă. The refurbishment will extend the operating life of Cernavodă’s Unit 1 by 30 years. The reactor, with a capacity of around 700 MW, has been in […]
Bulgarian oil company Insa Oil plans to finish its bioethanol plant by the end of 2026. The company claims the plant under construction will be the country’s first to produce renewable fuel from biomass. The construction of the Insa Spirit plant began in June 2022 and is already in an advanced phase, according to an […]
Renewable energy firm DRI has secured financing for the construction and operations of its Vacaresti solar park in Romania. DRI, UniCredit and Garanti BBVA have signed an agreement for non-recourse loans of up to EUR 60 million to finance the construction and operations of the Vacaresti solar park in Romania. DRI is Ukraine-based DTEK’s renewables […]
Europe needs to increase investment in ports and shipbuilding, which play a crucial role in offshore wind development, to achieve its goals in this energy segment, according to wind industry association WindEurope. The European Commission’s upcoming strategies for ports and the maritime industry are expected to create conditions for the necessary investment. The European Union […]
RP Global has secured a EUR 12.2 million loan to build its Novalja solar power plant in Croatia. In late April, Austrian company RP Global began the construction of the Novalja photovoltaic plant at the Zaglava site on the island of Pag. The European Bank for Reconstruction and Development (EBRD) said it approved a senior […]
A team of scientists from Slovenia, Serbia, and Bosnia and Herzegovina is working on a hydrogen project based on seawater electrolysis. Dalibor Karačić, Nejc Hodnik, Igor Pašti, and Sanjin Gutić believe their research can deliver a solution fit for commercial use, unlike many hydrogen technologies in development around the world. To unlock the sector’s potential, […]
Visual Fan will install a 65 MWh energy storage for Renovatio Trading in Toplița in Romania’s Harghita county. The batteries market in Romania is very active these days. The battery energy storage system (BESS) will be built by Allview Energy, Visual Fan’s division specialized in the development of large-scale photovoltaic parks, including storage capacities. It […]
The 64 MW solar power plant Stolac Solarni Park, located near the city of Stolac in the Herzegovina region of Bosnia and Herzegovina, has been connected to the grid and has begun generating electricity. No further details have been disclosed, but the facility appears to be an extension of Hodovo, the largest photovoltaic plant in […]
Slovenian non-governmental organization Mladi za Podnebno Pravičnost (Youth for Climate Justice) has conducted what it claims to be the first independent economic study on the construction of a second unit of the Krško nuclear power plant. The economic study on the Krško 2 project (JEK2) showed that the project would not be profitable for a […]