After numerous failed attempts for half a century, Romania intends to revive the Tarnița-Lăpuștești pumped storage hydropower project in tandem with France’s EDF. State-owned Hidroelectrica published a proposal to its shareholder assembly to establish a 50%-50% joint venture for the 1 GW endeavor. The utility also intends to buy the Frasin-Pângărați pumped storage facility when […]
Around 150 companies in Serbia, potentially major polluters of water, air, and soil, have not obtained their integrated pollution prevention and control permits by December 31, 2024. It means they are violating the Law on Integrated Pollution Prevention and Control and, more importantly, that no one controls how much they pollute the environment, according to […]
Today, the construction industry is at the crossroads between tradition and transformation. Accounting for approximately 40% of the global energy consumption and for more than 35% of the overall CO₂ emissions, this sector has a huge potential, as well as a responsibility to become one of the key leaders of change in environmental protection. It […]
Serbia is the first Energy Community contracting party to enter the verification phase of the market coupling procedure, the Energy Community Secretariat said after the annual meeting of the Ministerial Council in Vienna. At the Energy Community Ministerial Council, ministers addressed energy security, market integration, climate policy, and environmental protection, confirming a shared EU–contracting parties […]
Austria-based Enery intends to commission a four-hour battery storage system of 150 MW in central Bulgaria by the end of the first quarter of next year. The project relies on a virtual power purchase agreement (PPA) with Vitol. Enery said it has secured a green financing package from DSK Bank AD for its flagship 600 […]
The European Commission has proposed a new Automotive Package that aims to give carmakers greater flexibility in meeting emissions reduction requirements. The new rules would lower the emissions cut target from 100% to 90%, allowing the sale of hybrid and internal combustion vehicles after 2035. From 2035 onwards, carmakers will need to comply with a […]
Israel’s Nofar Energy has begun construction of the 282 MW Corbii Mari solar park in Romania, with plans to connect it to the grid next year. The project is being financed from a recently secured EUR 192 million financing package that also covers the company’s two other large solar facilities in Romania. The financing for […]
Engie Romania, a subsidiary of French energy giant Engie, has bought a 253.1 MW wind farm project in Ialomiţa County. The wind farm, currently under construction, will double the company’s renewable energy portfolio in Romania to over 500 MW. The Ialomiţa Nord wind farm project was acquired from the Romanian subsidiary of Portugal-based Greenvolt, owned […]
The Ministry of Economy of Kosovo* invited the three prequalified entities to submit bids for a wind power auction for a targeted capacity of up to 100 MW. The authorities didn’t declare any deadline. Eight months after the prequalifications process was completed, when Minister of Economy Artane Rizvanolli said the next phase would start soon, […]
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