Wind turbine repairs at Siemens Gamesa amplify Siemens Energy’s multibillion loss
Siemens Gamesa took out EUR 2.2 billion from Siemens Energy's results due to quality issues and rising costs in the wind power business
Montenegro’s CGES signs two more grid connection agreements for solar power plants
In mid-June, TSO CGES inked its first grid connection agreement for a solar power project. The three facilities are planned at over 1,000 MW in combined capacity.
Masdar lists its first green bond on London Stock Exchange
Masdar entered the green bond market with a sale worth USD 750 million and listed the securities on the London Stock Exchange
Hidroelectrica’s Danube Delta wind park project angers environmentalists
Hidroelectrica is working on a wind farm project worth over EUR 650 million in a protected area in the Danube Delta, with the government's support
Romania to issue call for solar, wind power auctions of 1 GW each
Romania is preparing to launch its first call for auctions for a contract-for-difference (CfD) support scheme for renewable energy
Croatian hotel chain Valamar Riviera joins KOER virtual power plant
The tourism company and KOER intend to cooperate in increasing the sustainability and balance of the Croatian electric power system
Energy Vault completes world’s first gravity energy storage system in China
Energy Vault is commissioning the world’s first grid-scale gravity energy storage system. It is adjacent to a wind power plant near Shanghai.
Serbia gets EUR 8.44 million to modernize hydropower plant Bistrica, produce study for Central Balkan Corridor
The Bistrica modernization and the construction of the Central Balkan Corridor will boost Serbia’s renewables and transmission capacities