The city of Kozani in northern Greece, home of the country’s dwindling lignite industry, is seeking a contractor for seven photovoltaic systems of 7 MW overall. The municipality said the power plants would supply its buildings, public lighting, pumps and drilling rigs as part of the country’s first energy community led by a local authority. […]
The Serbian Law on Greenhouse Gas Emissions Tax and Law on Carbon-Intensive Product Imports Tax, both at EUR 4 per ton of CO2 equivalent, are coming into effect on January 1. It is the country’s answer to and equivalent of, respectively, the European Union’s Carbon Border Adjustment Mechanism (CBAM). Notably, several bylaws are still required for […]
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 […]
Wpd has won environmental approvals for a wind power project of 147.6 MW in Central Greece and one for 77 MW in Thrace, in the country’s northeast. Some of Germany-based wpd’s wind power investments in Southeastern Europe are struggling with delays and controversies – like in Montenegro and Bulgaria, but it is gaining speed in […]
The Green for Growth Fund (GGF) has partnered with ING Leasing Türkiye, a subsidiary of ING Türkiye, through a EUR 20 million financing agreement to help small and medium-sized enterprises (SMEs) invest in cleaner, smarter, and more efficient technologies, from energy-efficient equipment and machinery upgrades to self-consumption photovoltaic systems and other low-carbon solutions. GGF’s first […]
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 […]
Kosovo* joined the Association of Issuing Bodies (AIB) as a full member at the last meeting of the organization’s general assembly. However, the Western Balkans and other Energy Community contracting parties require full alignment with the European Union’s regulations to enable cross-border trading in renewable electricity. The Energy Regulatory Office (ERO or ZRrE) of Kosovo* […]
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 […]
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 […]
A solar power plant of 500.5 MW in peak capacity will be built just south of the existing Kalyon Karapınar photovoltaic park in Turkey’s Konya province. It is already one of the biggest in the world, especially excluding China. Kalyon Enerji said it would become a 1.85 GW complex. Turkey hosts Europe’s largest solar power […]
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