New European Commission weighing energy affordability versus decarbonization goals
The European Union wants to maintain the rapid pace of decarbonization while enabling affordable energy prices
North Macedonia’s ESM seeks contractor for solar power project on coal land
A contractor needs to build two PV plants in North Macedonian coal complexes REK Oslomej and REK Bitola for state-owned ESM
Serbia issues call to wind, solar power auctions with much lower ceiling prices
The Ministry of Mining and Energy of Serbia is organizing the second round of auctions for market premiums for wind and solar power projects
Romania grants EUR 64 million for municipal solar power projects
Minister of Energy Sebastian Burduja signed 113 grant contracts for PV systems for self-consumption, mostly with municipal authorities
Electrica proposes EUR 253 million for wind park Crucea Est
Electrica has asked shareholders to greenlight the Crucea Est wind farm near Constanța, worth as much as EUR 253 million
Shikun and Binui Energy finishing 71 MW solar park in Romania
The Satu Mare photovoltaic plant will likely start production in the first quarter, Shikun and Binui Energy said.
Albania’s KESH to add pumps to hydropower cascade for energy storage
KESH is discussing a pumped storage hydropower project with the EBRD. Pumps would be added between the Fierza and Koman reservoirs
COP29 decisions ambitious but insufficient to curb global warming
The COP29 summit resulted in a global pledge of USD 300 billion per year for poorer and most vulnerable countries and a global carbon market deal