The Greek government specified terms and conditions for participation in a new kind of renewable energy auction, covering both wind and solar energy. The auction comes as part of the Apollo initiative, aimed at reducing energy costs for vulnerable households across the country and fighting energy poverty. In total, 200 MW of solar plus batteries […]
The Greek government has redesigned and rebooted the Apollo self-consumption program, aimed at reducing energy costs for vulnerable consumers. Initially, Apollo was introduced to support households, municipalities, water utilities and local irrigation organizations. Each of Greece’s 13 regions, also known as peripheries, would have a green power plant, and eligible consumers who join a local energy […]
The rollout of the European Union’s new power pricing system in October, with prices set every 15 minutes, rather than every hour, has increased the profit potential of battery energy storage systems (BESS). In several countries, BESS profits now have the potential to rise by more than 15%, according to an analysis by research and […]
Nova Power & Gas has commissioned the largest battery energy storage system in Romania, doubling the country’s total capacity. The installation in Florești, Cluj County, has an operating power of 200 MW and a capacity of 400 MWh. Before the new facility was commissioned, Romania’s overall battery energy storage capacity was 398.8 MWh, according to […]
Energy storage in Europe has been expanding rapidly since 2020, with the total installed capacity in the European Union, the United Kingdom, Norway, and Switzerland set to reach 100 GW by the end of November. Pumped hydro storage has the largest share of the existing capacity, 50.6 GW, followed by batteries, with 44.8 GW of […]
RatedPower, a leading provider of software for PV plant and BESS design and engineering, has organized a webinar to present its solutions that make it faster and easier for developers and contractors to design and build PV and battery storage facilities, helping increase their efficiency and profitability. The online event included a step-by-step demonstration of […]
Romanian power supplier and distributor Electrica has initiated a permitting procedure for the construction of 15 battery energy storage parks, with a combined capacity of about 1 GWh, aimed at providing flexibility to the national grid and supporting the integration of renewable energy sources. The battery energy storage systems (BESS) would boost Electrica’s ability to […]
CWP Europe has signed a joint declaration with the European Commission, the Albanian Investment Development Agency, and the Montenegrin Investment Agency in support of its two landmark renewable energy projects – the Tropoja wind farm in Albania and the Montechevo solar farm with battery storage in Montenegro. The declaration of support for CWP Europe’s projects […]
Croatian firm IE-Energy and Slovenia’s NGEN are developing a battery system for smart energy storage, with a total operating power of 60 MW and a capacity of 120 MWh. The project, valued at 60 million, marks the first step toward creating a virtual network of battery storage systems that would connect producers and consumers of […]
RatedPower, a leading provider of software for solar plant design and optimization, is organizing a free webinar to present its solutions that boost the efficiency and profitability of PV and battery storage projects. The online event, to be held on October 13 at 3 pm CEST, comes at a time when renewables are gaining momentum […]
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