GGF provides loan to Lovćen banka in Montenegro for its green portfolio
The Green for Growth Fund (GGF) has established a partnership with Lovćen banka in Montenegro by signing a loan agreement of EUR 3 million
Croatian Končar taking over local engineering firm HELB
Končar agreed to acquire fellow Croatian engineering firm HELB, with 35 years of experience in the power infrastructure sector
Bulgaria’s ESO joins European balancing platform PICASSO
Bulgaria's Electricity System Operator became the first TSO in Southeast Europe to connect to cross-border balancing platform PICASSO
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
Giving the billions to the millions: a socially just distribution of ETS-2 revenues
For ETS-2 to work, two elements are crucial: first, revenues need to be distributed equitably and, second, other policies to reduce fossil fuel demand must complement the EU’s carbon price
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