With the acquisition of ABO Energy Hellas, HELLENiQ Energy strengthened its project pipeline for renewables and energy storage by a third, to 6 GW. Amid a consolidation in the renewables sector in Greece, HELLENiQ Energy Holdings said it completed, through its HELLENiQ Renewables subsidiary, the acquisition of ABO Energy Hellas. The transaction includes six affiliated […]
The European Commission proposed an amendment to the European Climate Law, setting a 2040 target of a 90% reduction in net greenhouse gas emissions from the 1990 level. The outlined measures would give certainty to investors, promote innovation and business competitiveness and increase energy security, according to the European Union’s executive body. The EU is […]
The new Selanovtsi solar farm of 59.8 MW in peak capacity near Vratsa was installed alongside a battery energy storage system of 107.3 MWh in capacity. The hybrid energy park, owned by Solaris Holding, is now accumulating the midday output and releasing it into the grid at hours of increased demand. Engineering, supply and construction company […]
A grid-forming battery energy storage system of 3 MW was put into trial operation at the Vatopedi monastery on Mount Athos. The project is part of the green energy transition of the monastic republic in northern Greece. The Sacred Patriarchal and Stavopegial Monastery of Vatopedi, founded in the 10th century, has a microgrid. Engineering, procurement […]
The reservoir of state-owned Electricity Generation Corp.’s Demirköprü hydropower plant is the first proposed area for Turkey’s planned floating solar power auction. The YEKA support mechanism provides grid permits for several decades and a period with guaranteed prices. Within its ambition to grow the solar and wind power capacity to 120 GW in total by […]
MAVIR, the Hungarian electricity transmission system operator (TSO), put into operation a battery energy storage system, BESS, of 20 MW in capability and a three-hour cycle. It will help grid security and the integration of renewable energy sources. After entering the world’s top ten in photovoltaic capacity per capita, Hungary is picking up pace in […]
State institutions, companies, organizations, and individuals have until August 6 to deliver their suggestions and comments about the draft National Energy and Climate Plan of Montenegro. It sets the provisional date for taking the Pljevlja coal power plant, the only one in the country, at 2041, but the authors pointed out that it primarily depends […]
A solar power plant in Romania’s northwest is on schedule to be connected to the grid in the fourth quarter of this year. The 54.1 MW facility in Chișineu-Criș features LONGi Solar’s back contact or BC modules, with an efficiency of 24.8%. It is the largest solar installation for retail infrastructure in the country. LONGi […]
Fortis Energy received approval from the Albanian government for the construction of a 62 MW solar power plant in the country’s southeast. It is allowed to operate the facility for 49 years since the entry of the decision into force. Turkey-based Fortis Energy is expanding its presence across the Balkans. Its subsidiary Fortis Energy and […]
Romanian state-owned hydropower plant operator Hidroelectrica picked the contractor for a 10 MW floating solar power plant, its first, on the reservoir of the Ipotești hydroelectric plant. Hidroelectrica awarded the contract for the construction of the Proiect Pilot Nufărul floating photovoltaic system. The pilot project could open the way for the installation of a group […]