Germany’s Merz: Nuclear fusion to make wind power obsolete
Chancellor Friedrich Merz claimed nuclear fusion would introduce electricity so cheap that it would replace wind power within thirty years
Romania preparing to build giant AI hub, data centers
Romania is developing its Black Sea AI Gigafactory project, of up to EUR 5 billion, and several other investments in new technologies
Lukoil strikes provisional deal for sale of its foreign assets to Carlyle
Lukoil signed a conditional agreement to sell its international business under US sanctions to Carlyle, based in Washington DC
Record battery installations in EU in 2025 as Bulgaria enters top 3
The European Union added 27.1 GWh of battery capacity last year, marking a 12th consecutive record – driven by utility-scale storage
ContourGlobal enters Greece with battery projects, small PV plants purchase
KKR-owned ContourGlobal bought a group of small PV plants in Greece, alongside a portfolio of battery storage projects totaling 500 MW
North Seas region signs landmark offshore wind deal
Seven heads of state and government and energy ministers of nine countries gathered in Hamburg today to boost the expansion of offshore wind
BIG Mega Renewable Energy secures financing for Văcăreni wind farm project
BIG Mega Renewable Energy has reached financial close for its Văcăreni onshore wind project in Tulcea county in Romania
Montenegro’s landfill gas power plant entering electricity market
The first landfill gas power plant in the Western Balkans is in test operation, at the Možura landfill in Montenegro