The Romanian Ministry of Energy has signed 29 more grants to public entities for investments in solar power plants for self-consumption, bringing the total number of projects under the program to 1,046. The latest round of grants is worth EUR 11.3 million, putting the total sum approved so far at EUR 502 million. The 29 […]
As part of its decarbonization efforts, Romanian hydrocarbons producer OMV Petrom is strengthening its presence in neighboring Bulgaria. It agreed to buy 50% of the Gabare solar power project, of 400 MW, from its developer Enery Element. The solar power investment frenzy in most of Southeastern Europe is continuing despite rising curtailments and the frequent […]
MOL’s 37.4 MW solar power plant with a battery energy storage system (BESS) of 40 MWh will contribute to the energy independence of its oil and gas complex in southern Hungary. Alteo is the contractor building the facility. The battery segment has received grants totaling EUR 20.5 million. MOL Group marked the start of construction […]
MET Group installed a battery energy storage system of 40 MW and a two-hour duration at its gas power plant Dunamenti near Budapest. The company said it is the largest BESS in Hungary. Hungary’s largest standalone battery energy storage system (BESS) has been inaugurated today. MET Group put into operation a facility of 40 MW […]
The Government of Spain said the total blackout in the Iberian Peninsula, which occurred on April 28, was caused by overvoltage, with several factors contributing to the crash. Notably, the system run by the country’s TSO Red Eléctrica de España lacked sufficient voltage control. Deputy Prime Minister Sara Aagesen even said the point of no […]
A ground-mounted solar power plant of 466 kW started generating electricity on a regular basis at Slovenian state-owned gas power plant Termoelektrarna Brestanica (TEB). GEN-I’s subsidiary GEN-I Sonce installed a photovoltaic system, as the contractor, at the gas power plant run by fellow GEN Group member Termoelektrarna Brestanica (TEB). The 466 kW ground-mounted solar power […]
EDP Renewables (EDPR) is about to divest of all its assets in Greece and leave next year, according to the domestic media. Market-oriented green electricity producers in the country are at a disadvantage, due to low and negative prices and curtailments, against companies involved in retail supply and with long-term power purchase agreements (PPAs) and […]
TotalEnergies is betting big on the solar power market in Cyprus. It won the environmental approval for a photovoltaic park of 100 MW in peak capacity, with energy storage. It intends to build it in an area previously designated for a golf course. France-based TotalEnergies is an oil supermajor, but also one of the world’s […]
Slovenian company Soške elektrarne Nova Gorica (SENG) commissioned its first solar power plant – Kanalski Vrh. The facility is at its Avče pumped storage hydropower plant, the only one in the country. Surfaces around large infrastructure such as railways are convenient for photovoltaics as there are very few options for the utilization of such sites. […]
Two recycling facilities for solar panels are complete in Greece, while another one is expected to follow soon. The business case behind the investments in recycling is solid, as more and more older solar farms will reach the end of their operational life, which is 20-25 years. European and national laws stipulate that such equipment […]
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