Legitimate energy communities have suffered in Greece, as private investors have been taking advantage of the status to promote disguised commercial projects. Normally, energy communities are set up to help citizens, businesses and other special consumer groups to benefit from lower energy costs using renewable energy. There are two categories: renewable energy communities (RECs) and […]
Bulgarian solar power plant operator Sunterra RE added co-located energy storage to its operational portfolio. The company’s three photovoltaic systems, with 524 MW in combined peak capacity, now also have batteries of 156 MW and 312 MWh in total. With the ongoing solar boom in Bulgaria, investors have lately also been rushing to set up […]
The Ministry of Finance of Serbia launched public consultations on the draft Law on Greenhouse Gas Emissions Tax and Law on Carbon-Intensive Product Imports Tax, both at EUR 4 per ton of CO2 equivalent. On January 1, importers of electricity, cement, iron and steel, aluminum, hydrogen and fertilizers to the European Union will start paying […]
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 […]