PPC launches first tender for pumped storage hydropower plant in former lignite mine
Public Power Corporation (PPC or DEI) is moving forward with a pumped storage hydroelectric project at its former open pit lignite mine in northern Greece
Bulgaria preparing more BESS subsidies amid boom in construction of large facilities
Bulgaria is reportedly working on a public call for EUR 120 million for investments in battery energy storage systems of 1.5 GWh overall
APSTE: High state fees for PV panels, energy storage batteries inhibit electricity price decrease in Bulgaria
The government's fees are between five and 10 times higher than the European Union average, according to APSTE
Price of residential battery storage in Europe drops over 50% in two years
The mature residential battery storage markets in Europe are stabilizing, while policy-driven and emerging markets are gaining traction
Sunotec, Sungrow sign 2.4 GWh battery storage agreement
China-based Sungrow and Bulgarian-German company Sunotec have agreed to install 2.4 GWh of battery energy storage systems in Europe
Faria Renewables secures financing for 49.9 MW battery project in Greece
Faria Renewables has signed a loan agreement with Attica Bank for the construction of a BESS facility in Greece
Nova Power & Gas to install 200 MW BESS in Romania
Romanian company Nova Power & Gas is also beginning the construction of a 150 MW gas power plant in Florești, of 150 MW.
Bulgarian battery factory Exeron X-BESS gets EU strategic status
IPS is opening the Exeron X-BESS factory as one of only six strategic projects in the EU designated under the Net Zero Industry Act