Turkey switched in 2024 from a net electricity importer to net exporter, but renewables are still not growing fast enough to meet rising domestic power demand – one of the highest in the world, Ember found. The country has become Europe’s biggest coal power producer and there are plans for more such capacity. Wind and […]
According to Ember’s new figures, renewable energy sources met almost three quarters of last year’s increase in the world’s electricity demand. Together with nuclear energy, they would have covered almost the entire jump if it wasn’t for the share attributed to the annual increase in temperatures. Looking at it the other way around, the need […]
Meton Energy has taken the final investment decision for two photovoltaic projects north of Thessaloniki. Through their joint venture, Germany-based RWE and Greek government-controlled utility PPC are about to start construction of 567 MW in total peak capacity. Most of the 2 GW solar power portfolio that the top tier German-Greek partnership is developing is […]
Turkey’s agreement with Azerbaijan, Georgia and Bulgaria on the transmission of renewable electricity could set back the project for an interconnector under the Black Sea between Georgia and Romania. In addition, President Recep Tayyip Erdoğan’s government fiercely opposes the Great Sea Interconnector project, part of the proposed Greece-Cyprus-Israel submarine link. Turkey is also pushing against […]
The local authority in Beiuș, a trailblazer in geothermal district heating in Romania, should apply for European funding to cover the entire area, according to a new study. The town already has the cheapest energy in the country. Beiuș is the only town in Romania where geothermal energy accounts for more than 70% of the […]
Helsinki’s municipal energy company Helen closed its last coal facility. Together with the country’s remaining plants that use the solid fossil fuel, Salmisaari accounted for just 0.8% of the electricity mix in 2024. The Government of Finland earlier set May 1, 2029, as the coal exit date. Two years ago, the Olkiluoto 3 nuclear reactor […]
Kosovo* is using an EU grant for public calls for families and firms to install solar power panels and solar thermal collectors. The subsidies for photovoltaics amount to EUR 250 per kW, or EUR 200 per kW for businesses that set up larger systems. There is a bonus for female-owned enterprises. The Ministry of Economy […]
The Ministry of Economy of Kosovo* will install wind gauges this year at many locations to develop projects that it intends to auction or build capacities in public ownership or within public-private partnerships. The government never had precise data on wind energy potential, as various potential investors measured it themselves, but they didn’t do it […]
The European Investment Bank is providing a EUR 33 million loan for a solar power plant of 120 MW in peak capacity. Government-controlled power utility KEK plans to install it on its former coal ash dump near Prishtina. The European Investment Bank (EIB) signed a EUR 33 million investment loan for the construction of a […]
A consortium led by Switzerland-based construction company Orllati was selected to build and operate a solar park of up to 105 MW in connection capacity for 30 years including a 15-year contract for difference. The group won the first renewable electricity auction in Kosovo* with a bid of EUR 48.88 per MWh. Almost a year […]
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