Turkish companies expand presence in solar power market in Romania
Turkish oil refiner Tüpraş and joint venture Defic Globe, controlled by YEO, have published updates on their operations in Romania
Cyprus launches grant mechanism for energy storage
Owners of renewable energy systems in Cyprus can apply from February 14 for grants to add batteries, under a EUR 35 million program
Aydem Renewables to expand hydropower plant in Turkey with floating solar power system
Aydem Renewables is developing a project for turning its Adıgüzel hydroelectric facility of 62 MW into a hybrid power plant
Greece becomes net electricity exporter in 2024
Greece went from net electricity imports of 18% in 2019 to a small surplus in the balance last year, mostly attributed to gas power plants
Bulgaria’s NEK to equip five hydropower plants with battery storage
In addition to a 10 MWh pilot project at Vacha 1, NEK plans to add battery energy storage systems (BESS) to four other hydropower plants
EU to exempt 80% of importers from CBAM carbon tax
European Commissioner Wopke Hoekstra vowed to exempt over 80% of companies that are eligible for payments under CBAM
Number of PPAs jumps in 2024, but volume weakens – Pexapark
The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said
Turkey facilitates USD 500 million in solar power investments through auction round
The winners of PV projects in the latest auction round in Turkey must pay high contribution shares for a guaranteed price at the low end of the initial range