MORE, standing for Motor Oil Renewable Energy, built three standalone battery energy storage systems in Greece. The company won government support for the projects two years ago at an auction. Oil refiner Motor Oil Hellas said its green energy arm has installed 72 MW in BESS capability, with 144 MWh in total capacity. The three […]
After rejecting all bids within its first auction for market premiums for solar power projects, the Ministry of Energy and Mining of Montenegro vowed to tackle the shortcomings in the conditions for participation and renew the public call as soon as possible. The country intends to hold the competitive bidding process by the end of […]
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 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, […]
The six winners from the latest round of wind power auctions under the YEKA state support mechanism in Turkey will have at least EUR 35 per MWh guaranteed from the sale of electricity in the first six years. It was the floor price in the bidding. After it was reached for each zone, the remaining […]
Several high-profile green hydrogen projects have been canceled in the past year, and major companies reduced their decarbonization ambitions, the European Union Agency for the Cooperation of Energy Regulators (ACER) said in its new report. The technology is four times more expensive than production from fossil gas through steam reforming. Investments are far behind EU […]
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 […]
Investors in photovoltaic projects were mostly willing to pay large sums at Turkey’s latest YEKA auction to secure a minimum guaranteed price for five years, followed by 20-year power purchase agreements. The government earned EUR 84.8 million overall from the secondary bidding for 650 MW, split into six areas. One zone is for a floating […]
French renewable energy company Voltalia obtained a 30-year license for its Spitalla solar park at the Albanian port city of Durrës. It won the project at a renewable energy auction in 2021. In its latest update, the Energy Regulatory Authority (ERE) of Albania authorized Spitalla Solar to generate electricity from a photovoltaic plant of 90 […]
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