The Greek government intends to support energy-intensive industries through a new mechanism involving renewable energy. In recent days, discussions took place between the Hellenic Federation of Enterprises (SEV) and the ministries of environment and energy, finance, and development. The employers’ organization presented a so-called Italian plan. It is based on Italy’s Energy Release 2.0 scheme. […]
Eurowind Energy’s Ewe Solar Project in Romania, of 110 MW, is now eligible for government support in the form of a contract for difference (CfD), even though it landed just below the line in the last renewable energy auction. It got upgraded from the reserve list as the developer of two winning photovoltaic endeavors has […]
Under the European Economic Area and Norway Grants, Croatia is entitled to EUR 21.6 million from the Green Transition Programme and EUR 22 million from the Green and Blue Business Innovation Programme in the period until 2028. The funding is part of a EUR 111 million mechanism, which includes support for local development and the […]
Aurora Energy Research expects strike prices at the additional renewable energy auction in Romania, for the remaining wind power quota, to land near the ceiling, set at EUR 80 per MWh. In the previous round, there was strong competition between the bidders for the photovoltaic segment, while developers of wind energy projects may have seen […]
Germany’s KfW Development Bank is donating EUR 2 million to Elektroprivreda Bosne i Hercegovine (EPBiH). The funding is for the acceleration of the energy transition and strengthening market mechanisms in Bosnia and Herzegovina’s state-owned power utility. The grants cover monitoring carbon dioxide emissions and related reporting as well as the development of a decarbonization roadmap […]
Prime Batteries Technology started the works on multiplying the capacity of its battery storage factory in Bucharest, despite the deteriorating prospects for its industry segment in Romania. Czechia-based Tesla Group has given up on a manufacturing facility project worth almost EUR 100 million, even with state aid approved. The government’s renegotiation of a funding package […]
Minister of Energy Bogdan Ivan claims that energy poverty or even blackouts could hit Romania if it proceeds with the closure of coal plants. Namely, the gas power projects for replacing them are suffering severe delays. The European Commission has become flexible for the first time in the last four years, said Romania’s Minister of […]
Oil refiner Tüpraş is working on a technology for biofuel from algae and yeasts, using solar energy. The Sunfusion project involves processing into sustainable aviation fuel – kerosene – and green alternatives for vessels. It received EU support and includes partners from Greece, France, Germany, Norway and Serbia. Istanbul-based Türkiye Petrol Rafinerileri AŞ (Tüpraş) has […]
Government-controlled Kosovo Energy Corp. (KEK) said it is preparing to start building its Solar4Kosovo 1 photovoltaic plant near Prishtina. It informed the local community that agricultural and other activities weren’t allowed anymore on the designated land. After four years of planning. a former coal ash dump is about to be turned into the biggest solar […]
The ambitious Apollo program, which the Greek government outlined in late 2023, is losing EUR 100 million. The European Union earlier approved the grant for investments in renewable energy and storage, intended to lower energy costs for vulnerable consumers through self-consumption. The first phase of the Apollo program was envisaged to help vulnerable households. It […]