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 […]
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 […]
LONGi, the global leader in solar technology, unveiled its energy storage strategy in London, officially announcing its entry into the storage sector with the launch of the LONGi Energy Storage One-Stop Solution. This marks LONGi’s strategic evolution from a global photovoltaic leader to an integrated Solar-Storage-Hydrogen comprehensive energy solution provider. Addressing the challenge of the […]
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 […]
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 […]
Greece aims to host a new batch of agrivoltaics, based on a bill of law that the Ministry of Environment and Energy submitted to Parliament. It includes subsidies. Several proposed provisions concern carbon capture and storage (CCS), energy storage and renewable energy. Among them, a goal is set for the installation of 130 MW of […]
The Green for Growth Fund has signed a series of agreements on green lending and support for major solar power and energy storage projects throughout the Western Balkans. The new commitments, backed by an investment from KfW, will lift its green financing portfolio in the region by up to EUR 176 million. At the EU–Western […]
Projects implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the KfW Development Bank in Serbia have introduced modern heating systems to many towns, improved insulation in public buildings and promoted renewable energy to benefit citizens and local communities. Anke Konrad, the German Ambassador to Serbia highlighted these achievements during the interview with the […]
As retail evolves, supermarkets are under pressure to boost efficiency and sustainability. The key enabler of this transformation is SolarEdge ONE for C&I – a comprehensive platform that delivers real-time energy visibility and management for commercial and industrial (C&I) environments. SolarEdge ONE for C&I integrates advanced solar PV, storage, and energy analytics, providing retailers with […]
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