The Ministry of Energy and Natural Resources of Turkey issued a public call for solar and wind power auctions for 2 GW in total. It will receive the applications on November 4 and November 18, respectively. One competitive bidding process is for a floating solar power project of 35 MW. Following the successful auctions for […]
Energy Traders Europe has sent proposals to the European Commission on how to ensure that the Carbon Border Adjustment Mechanism puts a fair price on carbon-intensive electricity imports and facilitates low-carbon flows. On July 1, the European Commission’s Directorate-General for Taxation and Customs Union launched a public consultation on the potential downstream extension of the […]
Google has secured a new source of clean energy for its data centers in the US states of Tennessee and Alabama through collaboration with nuclear technology company Kairos Power and public power utility Tennessee Valley Authority (TVA). The deal involves a 50 MW advanced nuclear reactor to feed TVA’s grid, which supplies the tech giant’s […]
The rising number of maturing wind power projects and the ones under construction in Romania has highlighted the increasing role of the technology for the country’s energy transition. The recent updates are for three locations in the country’s east. Investments in wind power in Romania are rebounding from a long lull. According to the International […]
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 […]
The number of power purchase agreements (PPAs) for renewables in Europe fell by 31% and the volume tumbled 26% in the first half of the year from the levels in the same period of 2024, Pexapark found. Germany and France registered sharp declines in the photovoltaics segment, but a surge in Italy and Spain has […]
Global investment firm Brookfield and tech giant Google signed an agreement to deliver up to 3,000 MW of carbon-free hydropower capacity in the United States. Brookfield said the Hydro Framework Agreement (HFA) is the first of its kind and “the world’s largest corporate clean power deal for hydroelectricity.” Brookfield Asset Management, together with Brookfield Renewable, […]
Legal entities and entrepreneurs in Montenegro are preparing to compete for market premiums with their solar power projects. The quota for the first such auction in the country is 250 MW, and applications close on November 10. Following the completion of the legal framework with laws and decrees, the Montenegrin Ministry of Energy and Mining […]
Croatian oil and gas company INA and German energy giant E.ON’s subsidiary in the Southeastern European country have signed a power purchase agreement for electricity from renewable sources. The power purchase agreement (PPA) will enable INA, majority-owned by Hungarian MOL, to use energy from its own power plants, even from remote locations where the produced […]
At the forthcoming auction for market premiums for electricity from solar power plants in Montenegro, the participants will bid for state support for 250 MW in total capacity. The maximum price to compete for is EUR 65 per MWh and the contracts will last 12 years. The Government of Montenegro adopted the decisions and directives […]