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 […]
Factors like power price volatility, the global shift in policy making and the need for flexible solutions for the integration of renewables are creating an important momentum for developers and aggregators, Chief Executive Officer of Alteo, Attila Chikán, said at Belgrade Energy Forum 2025. The company is expanding in Central and Southeastern Europe with investments […]
Romanian state-owned hydropower plant operator Hidroelectrica signed a deal with Servelect and subcontractor Electroplus, which need to install solar panels on the roofs of 20 hydroelectric plants. They are on the middle and downstream parts of the Olt river. Combining hydropower with photovoltaics including floating solar power plants is becoming popular. The two sources are […]
With a majority of votes, 62 out of 120, the Assembly of North Macedonia adopted the Law on Energy. The government’s representatives say it is systemic, comprehensive, and reform-oriented legislation laying the foundation for the country’s new energy policy. The act aligns the country’s legal framework with the European Union. The new Law on Energy […]
Representatives of Hyundai Engineering and UGT Renewables, the companies developing a solar power project in Serbia of 1.2 GW in total, and with batteries, said the strategic partnership is a step toward expansion in the surrounding region. Spatial planning is nearly complete. Following the signing of grid connection contracts last week, the Hyundai Engineering – […]
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 […]
Early next year, The Mobility House (TMH) is set to ramp up the aggregation of Electrohold’s energy assets in Bulgaria under a newly signed deal. It focuses on the planned 2.5 GWh in battery energy storage systems (BESS). Electricity trading firm Electrohold Trade selected The Mobility House (TMH) to provide advanced aggregation and trading software. […]
Terna won the contract for the construction of the second of the three parts of a 490 MW solar park in Megalopolis, on former lignite mines. Public Power Corp. – PPC Group said the third phase would begin next year. The second phase of the construction of a 490 MW photovoltaic plant in Megalopolis is […]
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. […]