Volue took over smartPulse, accelerating the expansion into Central and Eastern Europe, Southern Europe and Turkey, with its power trading and battery optimization capabilities. Software maker Volue said it has completed a deal to acquire smartPulse, a full-suite short-term power trading and battery optimization platform for asset owners and aggregators across Europe. It significantly accelerates […]
Slovenia has allocated EUR 835 million from the Climate Fund for climate change mitigation and adaptation. The funds should be used over the period 2025-2028. The Government of Slovenia has adopted a decree on the allocation plan for the Climate Fund for 2025-2028. The plan follows the key measures from the previous plan for the […]
Econergy agreed to buy out Nofar’s 50% stake in the 155 MW Rătești photovoltaic plant, the largest in Romania. The next step is to add a 120 MW battery energy storage system. Econergy Renewable Energy said its subsidiary Econergy International, in which it holds 75.2%, has signed an agreement with Nofar Energy to acquire the […]
A firm recently established by Turkish and Romanian investors has launched a public-private partnership with the local authority in Târgu Lăpuș in northern Transylvania. They are planning a hybrid power plant worth EUR 100 million. A public-private partnership in the making in northern Romania is aimed at building a 200 MW photovoltaic plant, the largest […]
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 Single Day-Ahead Coupling area split its hourly units into 15-minute intervals for electricity trading. The change, affecting most European markets, is aimed at enhancing the integration of renewables by making flexibility and balancing more efficient. After delays and intensive testing, the European wholesale electricity market switched to a 15-minute market time unit (MTU) from […]
China-based HiTHIUM and Solarpro Holding have signed a 2 GWh master supply agreement for battery energy storage systems. HiTHIUM is a global provider of long-duration energy storage (LDES) technology, while Solarpro Holding is an EPC provider of photovoltaic and battery energy storage systems (BESS) in Europe. The agreement will support multiple utility-scale projects across Eastern […]
DRI expanded its activities in Poland with the acquisition of rights to build a battery energy storage system (BESS) in Kozienice, located in the east-central part of the country. The investment will also strengthen Ukraine’s grid, according to the update. DRI, DTEK’s renewables arm in the European Union, acquired a BESS project for 112 MW […]
Seven projects for 1.88 GW of total electrolyzer capacity turned out to be unfeasible even with grants won at the second European Hydrogen Bank auction, out of 2.34 GW overall. The developers withdrew, with some citing policy and infrastructure delays and uncertainty. A project from the first renewable hydrogen auction also pulled out. The European […]
Slovenia’s transmission system operator ELES and the Ministry of Defence have signed a cooperation agreement for the Defence Resilience Hub Network in Europe – RESHUB project. Last year, the Ministry of Defence of Slovenia initiated the Defence Resilience Hub Network in Europe (RESHUB) project, which aims to establish self-sufficient energy hubs in Slovenian military barracks. […]
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