RES Croatia, together with SolarPower Europe and WindEurope, has sent a letter to the European Commission to raise concerns about the crisis in Croatia’s renewable energy sector. The three associations emphasized that for several years, 60 projects for investments in solar, wind, geothermal, and batteries have been blocked, and that if nothing is done, many […]
Luxembourg-based Zen Energy Group has started the installation of a hybrid energy project in North Macedonia, combining a solar power plant and a battery energy storage system. A solar power plant with a battery energy storage system (BESS) could become the country’s second hybrid power plant, with Fortis Energy installing energy storage near Oslomej solar […]
Necessary investments in Bosnia and Herzegovina’s electricity distribution grids by 2030 amount to BAM 1.4 billion (EUR 716 million), according to Zijad Bajramović, chairman of the Bosnia and Herzegovina committee of the International Council on Large Electric Systems (CIGRE). The growing installation of power plants utilizing renewable energy sources is creating congestion in transmission and […]
Mubadala Investment Company, a sovereign investment fund from Abu Dhabi, is acquiring a stake in Rezolv Energy, a major renewable energy investor in Romania, which is developing the largest solar park in Europe. Mubadala is setting up a joint venture with Rezolv Energy’s owner, sustainable infrastructure investment fund Actis, for joint control of the firm, […]
Europe installed 6.8 GW of new wind farms in the first six months of the year. According to WindEurope, it isn’t nearly enough to deliver the EU’s 2030 energy security and climate targets. WindEurope has also reduced the 2025 outlook for wind investments. In its latest wind energy data for Europe, the organization highlighted the […]
WindEurope expects Greece to add 300 MW of wind capacity in 2025, after installing 152 MW during the first half of the year. This is an improvement on the mere 108 MW added in 2024, but still far below previous years. For example, in 2023, the country added 544 MW of new wind farms. According […]
Mubadala Investment Company, a sovereign investment fund from Abu Dhabi, is acquiring a stake in Rezolv Energy, a major renewable energy investor in Romania, which is developing the largest solar park in Europe. Mubadala is setting up a joint venture with Rezolv Energy’s owner, sustainable infrastructure investment fund Actis, for joint control of the Romanian […]
Montenegrin state-owned power utility Elektroprivreda Crne Gore (EPCG) said it signed a EUR 25 million loan contract with the European Bank for Reconstruction and Development (EBRD) for expanding the Gvozd wind farm to 75.6 MW. Once fully operational, it will be the largest wind farm in Montenegro. The Gvozd 2 project involves the installation of […]
German startup Voltfang has opened a plant to manufacture energy storage units for solar and wind from used electric vehicle batteries. The company says the facility is the largest of its kind in Europe, with annual output set to reach 250 MWh in 2026. The plant in Aachen will produce second-life battery storage systems for […]
Over the past year, Montenegro has adopted two reform laws – on energy and on renewable energy sources – and scheduled its first auctions for market premiums. Admir Šahmanović, Minister of Energy and Mining, told Balkan Green Energy News that the new regulations fully align the sector with the European Union acquis, sending a clear […]