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 […]
Romanian electricity supplier and distributor Electrica, in which the government holds almost 50%, published tenders via its subsidiaries for the second time for ready-to-build solar power projects. The peak capacities are 62.5 MW and 77.6 MW, and the second investment also involves battery storage. The company launched production in November at its Satu Mare 2 […]
CHN Energy declared a 1 GW solar power system that it built off the coast of China’s Shandong province, on the open sea, fully connected to the grid. The facility consists of steel truss platforms on bottom-fixed piles. Just in the past month, the state-owned company commissioned solar power plants of 600 MW and 425 […]
Athens International Airport (AIA) Eleftherios Venizelos completed its comprehensive energy makeover program. It is now operating a photovoltaic facility of 51.5 MW and a battery energy storage system of 82 MWh. It is the largest hybrid power plant of its kind within the premises of any airport in Europe and, reportedly, even the entire world. […]
Polat Holding’s joint venture with İş Enerji has received the license for the 12.8 MW battery energy storage system (BESS) integrated with its Ege wind power plant of 15.2 MW in western Turkey. It is the largest hybrid power plant of its kind in the country. In cooperation with SolarToday Türkiye and iNOVAT, Polat Enerji […]
Romania apparently achieved moderately lower prices at its additional wind power auction for contracts for difference (CfDs) than in the regular round. According to a media report, nine bids were approved, for seven proposed facilities, and the winners include OX2, Qair and Zen Energy Group. All wind farm projects in Romania that obtained the right […]
Austria-based Enery is preparing to begin construction works early next year on a photovoltaic facility of 750 MW in peak capacity just outside of Bucharest. It would currently be Europe’s largest solar power plant. A few other megaprojects are underway, too, but the Ogrezeni facility is planned with a battery energy storage system that would […]
LONGi, the global leader in solar technology, unveiled its energy storage strategy in London, officially announcing its entry into the storage sector with the launch of the LONGi Energy Storage One-Stop Solution. This marks LONGi’s strategic evolution from a global photovoltaic leader to an integrated Solar-Storage-Hydrogen comprehensive energy solution provider. Addressing the challenge of the […]
Market conditions have become challenging for renewables in the CEE region, alongside uncertainties in the regulatory sphere, which calls for advanced and tailored financing solutions, according to participants in UniCredit Serbia’s workshop on navigating capital flows in the segment, including mergers and acquisitions (M&A). Investors, UniCredit’s clients, highlighted the growing importance of battery energy storage […]
The Green for Growth Fund has signed a series of agreements on green lending and support for major solar power and energy storage projects throughout the Western Balkans. The new commitments, backed by an investment from KfW, will lift its green financing portfolio in the region by up to EUR 176 million. At the EU–Western […]
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