The mature residential battery storage markets in Europe are stabilizing, while policy-driven and emerging markets are gaining traction, according to EUPD Research. Its new report showed prices of home batteries slumped more than 50% between the first half of 2023 and the first half of this year. The European residential battery storage market has remained […]
Greece’s distribution system operator HEDNO added more than 20,000 prosumers in the past year and a half, although the new net billing program faces delays. Last year the government in Athens formally ended the net metering scheme and enacted net billing, aligning with the European Union’s regulations. Any aspiring prosumer with an existing application can […]
Serbian state-owned power utility Elektroprivreda Srbije, EPS, connected its first larger photovoltaic unit to the grid. The new solar power plant is called Petka and it has a 10 MW grid connection. It is located in the Kostolac coal mining complex east of Belgrade, next to a wind park that is nearing completion. Each new […]
In its Impact Report 2024, the Green for Growth Fund outlined how it powers the green transition across Southeast Europe, the Caucasus and beyond – from repurposing coal sites and decarbonizing industries to strengthening energy security and building climate resilience. It ended last year with EUR 1.09 billion in assets under management and an outstanding […]
In its Impact Report 2024, Green for Growth Fund outlined how it powers the green transition across Southeast Europe, the Caucasus and beyond – from repurposing coal sites and decarbonizing industries to strengthening energy security and building climate resilience. It ended last year with EUR 1.09 billion in assets under management and an outstanding investment portfolio […]
The Emilia-Romagna Region in northern Italy is supporting the creation and strengthening of renewable energy communities (RECs) in five countries in the Western Balkans. Ten projects can receive up to EUR 200,000 each, alongside technical and other support. For-profit and non-profit entities in Albania, Bosnia and Herzegovina, Montenegro, North Macedonia and Serbia are eligible for […]
A Swiss telecom service provider converted unused satellite dishes into solar dishes, powering its data center’s rising energy needs. Smart energy tech firm SolarEdge provided its DC-optimized inverter solution, overcoming the challenge of shading. CKW, a Swiss provider of integrated energy and building technology solutions, has transformed disused satellite dishes located on the premises of […]
International Power Supply (IPS), a Bulgarian manufacturer of battery energy storage systems, is about to launch operations at its new facility near Sofia. Its latest model has 8.2 MWh and fits into a standard container. The company plans to double the factory’s annual capacity to 3 GWh already by the end of the year. IPS, […]
The world added 597 GW of photovoltaic capacity last year, achieving an astounding 36% rate of growth, SolarPower Europe found. China accounted for 55.1% of all new installations. Turkey is in the global top ten with its 1.42% annual share, while Greece is sixth in the world in the category of solar capacity per person. […]
Renewable energy projects for self-consumption are expected to reach 1 GW this year in Greece. According to the Green Tank, at the end of March 2025, self-consumption capacity amounted to 937.6 MW, of which the overwhelming majority (871.9 MW) was in photovoltaics. It should be noted that last year the government introduced a big change […]