A model for Montenegro’s first auction for market premiums for solar power was outlined at an event in the capital Podgorica. The new legal framework for the green energy transition includes guarantees of origin, citizen energy communities and streamlined permitting. Stakeholders will be able to participate with their comments and suggestions in the renewables auction […]
International Power Supply (IPS), a Bulgarian manufacturer of battery energy storage systems, is about to launch operations at its new facility near Sofia. Its latest model has 8.2 MWh and fits into a standard container. The company plans to double the factory’s annual capacity to 3 GWh already by the end of the year. IPS, […]
Fortis Energy is working on renewable energy projects of 2 GW altogether in Southeast Europe. One half of the planned capacity is for solar and wind power plants in Serbia, Chief Operational Officer Velimir Gavrilović said at Belgrade Energy Forum (BEF 2025). Turkey-based Fortis Energy’s projects Noćaj 1 and Noćaj 2 in Serbia for solar […]
A BESS facility of 124.1 MW in operating power was inaugurated in Lovech in Bulgaria. Located next to a photovoltaic park within Balkan Industrial Park, it is part of the country’s first closed licensed power distribution system. The Bulgarian city of Lovech, northeast of Sofia, hosts the strongest battery energy storage system (BESS) in the […]
Energy transition in Southeastern Europe is accelerating, and the progress depends on individual countries’ strategies and legal frameworks. At the Belgrade Energy Forum (BEF 2025), representatives of state-owned power utilities and private producers discussed the different approaches to decarbonization. The domination of investments in renewable energy is unquestionable, but there are also ambitions to develop […]
The deployment of battery energy storage systems (BESS) across Southeast Europe is progressing at an uneven pace. State subsidies and financing mechanisms have enabled the rapid implementation of BESS solutions in Greece, Romania and Bulgaria, while markets in the Western Balkans are lagging behind. However, the outlook remains positive, as experiences from neighboring markets and […]
Factors like power price volatility, the global shift in policy making and the need for flexible solutions for the integration of renewables are creating an important momentum for developers and aggregators, Chief Executive Officer of Alteo, Attila Chikán, said at Belgrade Energy Forum 2025. The company is expanding in Central and Southeastern Europe with investments […]
Romanian state-owned hydropower plant operator Hidroelectrica signed a deal with Servelect and subcontractor Electroplus, which need to install solar panels on the roofs of 20 hydroelectric plants. They are on the middle and downstream parts of the Olt river. Combining hydropower with photovoltaics including floating solar power plants is becoming popular. The two sources are […]
With a majority of votes, 62 out of 120, the Assembly of North Macedonia adopted the Law on Energy. The government’s representatives say it is systemic, comprehensive, and reform-oriented legislation laying the foundation for the country’s new energy policy. The act aligns the country’s legal framework with the European Union. The new Law on Energy […]
Representatives of Hyundai Engineering and UGT Renewables, the companies developing a solar power project in Serbia of 1.2 GW in total, and with batteries, said the strategic partnership is a step toward expansion in the surrounding region. Spatial planning is nearly complete. Following the signing of grid connection contracts last week, the Hyundai Engineering – […]
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