Serbia’s power exchange, SEEPEX, has reached an agreement with state-owned utility Elektroprivreda Srbije to work together on strengthening the intraday electricity market. SEEPEX is proud to announce the signing of a strategic agreement with Elektroprivreda Srbije (EPS), Serbia’s largest power utility company, aimed specifically at securing its support for the organized intraday continuous (IDC) electricity […]
The share of solar power plants’ capacity in North Macedonia has surpassed hydropower plants in 2024, Minister of Energy, Mining and Mineral Resources Sanja Božinovska said at the 14th International Forum on Energy for Sustainable Development in Skopje. The three-day International Forum on Energy for Sustainable Development (IFESD-14) started yesterday. Its theme is From Goals […]
Croatia has allocated EUR 50 million to support businesses in installing batteries for storing energy from their existing solar power plants or ones they plan to install. In recent years, many companies all over Europe have installed solar panels for self-consumption to reduce electricity costs. But battery energy storage systems (BESS) offer additional benefits for […]
Sunotec has secured financing for a portfolio of seven projects in Bulgaria. The deals were agreed in September. The portfolio, for 115 MW in peak solar power capacity and 763 MWh of battery storage, significantly expands Sunotec‘s investment presence in its home market, according to the update. Six projects are for standalone battery energy storage […]
Montenegro plans to become a country of green data centers, according to Prime Minister Milojko Spajić. Milojko Spajić was one of the speakers at the keynote panel Accelerating the Western Balkans’ Green and Smart Growth, within the European Union – Montenegro Investment Conference in Luštica, near Tivat. Earlier, European Commission President Ursula von der Leyen […]
Montenegrin state-owned power utility Elektroprivreda Crne Gore has signed memoranda of understanding with Akuo, E2S Power AG, and wind fisher for a floating solar power plant, thermal batteries, and a pilot project for high-altitude wind turbines, respectively. Memoranda of understanding (MoUs) were signed within the framework of the European Union – Montenegro Investment Conference. Domestic […]
The second line of the submarine cable connecting Montenegro and Italy is expected to be completed by 2031, Montenegro’s Minister of Energy and Mining Admir Šahmanović said at the European Union – Montenegro Investment Conference. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened yesterday in Luštica, near Tivat, by […]
Alcazar Energy intends to increase its investments in Montenegro from USD 200 million to USD 500 million, according to Co-Founder and Managing Partner Daniel Calderon. Alcazar Energy is one of the companies with which Montenegro has signed memoranda of understanding on projects in the energy sector. It was done today at the EU-Montenegro Investment Conference […]
A total of 14 cooperation projects between Montenegrin and European companies have been initiated at the ongoing European Union-Montenegro Investment Conference, including investments in wind farms, solar parks, energy storage, and grids. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened today in Luštica, near Tivat, by the President of […]
North Macedonia has received requests for new wind farms, solar parks and gas power plants of 7,100 MW in total capacity, as well as for standalone batteries and ones that would be co-located with power plants, for 4,172 MW in overall operating power, Minister of Energy, Mining and Mineral Resources Sanja Božinovska revealed. The Ministry […]