IPTO completes Attica-Crete subsea interconnection Ariadne
Greece's IPTO started partial tests of the Ariadne interconnector between the mainland grid and Crete. The link has 1 GW in capacity.
Romanian Minister of Energy Sebastian Burduja reappointed
Minister of Energy Sebastian Burduja remained in his seat following the recent general elections in Romania. He promised continuity and an acceleration in investment.
Wrecked pumped storage hydropower plant Chaira gets one unit back online
One of four units in the Chaira pumped storage facility is back on the grid, the first repaired after the entire system crashed in 2022
Greek government supports businesses to install batteries with subsidies of up to half of investment
The Greek Ministry of Environment and Energy launched the Energy Storage for Businesses program with subsidies for installing batteries
Croatia’s HEP is searching for locations for wind farms, projects to acquire
State-owned power utility Hrvatska Elektroprivreda will research the remaining potential for wind farms in Croatia
Kostadinov: The Green for Growth Fund is accelerating its expansion after topping EUR 1 billion mark
The Green for Growth Fund recently topped EUR 1 billion in AUM and the demand for its offering is steadily picking up, the Director for GGF at Finance in Motion Borislav Kostadinov revealed
DRI, OMV Petrom sign Romania’s largest physical PPA so far
The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania
Renewable energy project frenzy in Greece defies curtailments
Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator