Energy modernization projects in nine member states of the European Union will receive a total of EUR 3.66 billion from the Modernisation Fund, in the largest disbursement to date from the facility financed by carbon pricing revenues, according to a press release from the European Commission. The selected projects focus on renewable energy, grid upgrades, […]
Declining energy storage costs and expanding renewables capacity will enable Europe to meet the challenge of intensified electrification and rising consumption, according to Eric Scotto, CEO of Akuo Energy. Thanks to falling costs, renewable energy has already won the race against nuclear power, he emphasized at Belgrade Energy Forum 2025. The price of energy storage […]
Alcazar Energy is an independent sustainable infrastructure fund focused on renewable energy in emerging markets. It has been present in the Balkans since 2022 and is developing projects in Serbia, Montenegro, and North Macedonia. Maja Maćić, Balkans Platform Head of Alcazar Energy, said at Belgrade Energy Forum (BEF 2025) that the company expects to launch […]
Verbund Wind Power Romania, a subsidiary of Austria’s Verbund, has acquired a 272 MW wind project from Monsson, a Sweden-based renewable energy group. The project, taken over at a ready-to-build stage, is expected to enter the construction phase in 2026. The planned wind farm in Caraș-Severin county in Romania is expected to produce 569 GWh […]