Romania rolls out windfall profit tax for fossil fuel sector
Romania introduced a 60% tax on excess profits for companies that are operating in the areas of oil, gas and coal
Serbian power system can already balance five times more wind farm capacity than now
There is enough technical flexibility in the Serbian power system to maintain load balance and provide balancing reserves for 1,865 MW from RES
China completes world’s second-largest hydropower plant
The China Three Gorges Corp.'s Baihetan facility is in full operation. At 16 GW, it is the second-biggest hydropower plant in the world.
Trading at ALPEX power exchange to start in second half of 2023
Albania and Kosovo* completed the regulatory framework for the Albanian Power Exchange – ALPEX. Trading was supposed to start last month.
First Sentier preparing bid for Greek renewables company Terna Energy – reports
First Sentier Investors is said to have reached an agreement with Greek conglomerate GEK Terna on the purchase of its affiliate Terna Energy
Air pollution in North Macedonia triggers emergency measures
North Macedonia introduced emergency measures to reduce air pollution and protect the population and issued recommendations
Cyprus to get first green hydrogen plant – for fueling trucks
A 2 MW electrolyzer project in Cyprus was selected for a grant through the EU's Innovation Fund in a program for small-scale green tech
Everfuel starts producing green hydrogen at Europe’s largest electrolyzer
Denmark-based Everfuel started the commissioning phase of the biggest electrolyzer in Europe by producing the first amount of green hydrogen