A model for Montenegro’s first auction for market premiums for solar power was outlined at an event in the capital Podgorica. The new legal framework for the green energy transition includes guarantees of origin, citizen energy communities and streamlined permitting. Stakeholders will be able to participate with their comments and suggestions in the renewables auction […]
Investments in wind power in Turkey are on an upward trajectory – this year they are expected to surpass USD 1.5 billion, translating to 1.5 GW of new capacity, President of the Turkish Wind Energy Association (TÜREB) Ibrahim Erden estimated. Among other factors, the country has an extensive manufacturing base for the equipment. Several major […]
German, Kosovar, French and Turkish companies submitted documentation to qualify for the first wind power auction in Kosovo*. The plan is for the government to have a share of up to 49% in selected projects. The Ministry of Economy of Kosovo* has publicly opened the applications within the qualifications call for the first wind power […]
The deployment of battery energy storage systems (BESS) across Southeast Europe is progressing at an uneven pace. State subsidies and financing mechanisms have enabled the rapid implementation of BESS solutions in Greece, Romania and Bulgaria, while markets in the Western Balkans are lagging behind. However, the outlook remains positive, as experiences from neighboring markets and […]
French renewable energy company Akuo Energy has signed a power purchase agreement (PPA) with Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) for the Bela Anta 2 wind power project, for the full capacity and including the balancing responsibility. The project is being developed through Matrix Power, a special purpose vehicle (SPV) fully owned by Akuo […]
CWP Europe signed a power purchase agreement (PPA), including balancing responsibility, and a contract for difference (CfD) for its Solarina photovoltaic project, with Serbia’s state-owned power utility Elektroprivreda Srbije (EPS). Solarina is a special purpose vehicle or SPV for a photovoltaic park of 150 MW in connection capacity. Its site is near the city of […]
Following a successful first round, in which developers won government support for projects of 1.53 GW altogether, the Romanian Ministry of Energy issued another call, for 3.47 GW of wind and solar power capacity. The deadline for submissions is July 11. The Ministry of Energy of Romania issued a public call for the second round […]
Serbian state-owned power utility Elektroprivreda Srbije will offtake electricity from future wind parks Alibunar 1 and Alibunar 2, of 168 MW in combined capacity. EPS’s Chief Executive Officer Dušan Živković and Project Director of WV-International in Serbia Lazar Lazendić signed today the power purchase agreements (PPAs) and the contracts for difference (CfD) and balancing responsibility. […]
New battery storage installations last year in Europe came in at an all-time high 21.9 GWh in capacity, though the leap wasn’t as impressive as in the previous years. The total reached 61.1 GWh. “If Europe has already entered the solar age, the battery storage age is just beginning,” said Walburga Hemetsberger, CEO of SolarPower […]
New wind turbine installations reached an all-time high 117 GW last year, slightly above the 2023 level, Global Wind Energy Council (GWEC) revealed in its annual report. According to its calculations, China’s share in the additions was 68.2%. At the end of December, the country hosted 45.8% of all wind power capacity, which climbed to […]