Israeli company Nofar Energy said its photovoltaic park in northern Serbia of 27 MW in peak capacity began delivering electricity to the grid. The project consists of two adjacent units, Ada1 and Ada2, connected to the distribution grid. After installing Romania’s largest solar power plant in a partnership, Nofar Energy now operates the largest photovoltaic […]
Greek authorities are rushing to secure the electricity system against a possible blackout during Easter. Greece currently produces much more electricity than it needs on certain days due to a high renewables penetration and insufficient energy storage. It should be noted that in 2024 the country became a net power exporter for the first time […]
Terna Energy is developing a project for a 130 MW photovoltaic plant near Burgas in Bulgaria. The company, owned by Masdar, plans to connect it to the grid already by the end of next year. Recently it also reached landmark points in the development of wind power projects in Greece. Abu Dhabi Future Energy Co. […]
PPC Group is accelerating its expansion in the Balkans by laying the foundation stone for its Colosseum solar power project in Bulgaria. The facility will have 165 MW in peak capacity and include a battery energy storage system (BESS), the Greek state-controlled utility revealed. The company’s investment plan includes Italy, where it recently commissioned the […]
The Ministry of Energy, Electricity System Operator (ESO) and the Bulgarian Development Bank (BDB) are launching a solar power program for municipalities, schools, kindergartens, hospitals and small businesses. There are no upfront costs and the installations become the beneficiary’s ownership within eight years. Minister Zhecho Stankov said the goal is to create the largest energy […]
Prosumers in Romania operated 2.44 GW of capacity at the end of January or 63% more than one year before. Their number soared 79% to 203,984 and it is set to keep growing substantially with more government subsidies underway. Once again, prosumers confirmed their role as the main pillar of Romania’s energy transition. Growth in […]
Monsson Group is preparing to build a manufacturing facility in Petrila for renewable energy equipment, including robots that clean solar panels. The project received funding to contribute to the just transition of Romania’s coal region Jiu valley – Hunedoara. An investment of nearly EUR 10 million in the first phase is underway in Transylvania, in […]
Greece’s government-controlled power utility PPC and Masdar’s subsidiary Terna Energy are separately building two photovoltaic plants in Bulgaria, worth an estimated EUR 190 million in total. The biggest two renewable energy companies in Greece have taken over one major project each in neighboring Bulgaria, where domestic investors dominated the photovoltaics market until recently. Soon after […]