News

montenegro eco fund subsidies heat pump solar panels

Montenegro subsidizes solar panels, heat pumps for municipalities

21 February 2024 - The Montenegrin Eco Fund has prepared subsidies in the total value of EUR 150,000

RES Croatia grid connection fee renewable energy projects are stuck

RES Croatia: Renewable energy projects in Croatia are stuck

21 February 2024 - Investors are unable to meet the legal deadlines for the construction of their renewable electricity plants

Rystad Energy Power-grids-investing-USD-3-1-trillion-2030-global-warming

Power grids require investing USD 3.1 trillion by 2030 to limit global warming

21 February 2024 - Outdated and inadequate power grids are one of the most significant stumbling blocks for the energy transition, Rystad Energy warned

Monsson-merge-wind-farm-PV-unit-Romania-hybrid-power-plant-storage

Monsson to merge its wind farm, PV unit in Romania into hybrid power plant with storage

20 February 2024 - Monsson Group is developing a hybrid wind-solar-storage project with the largest battery energy storage system in Romania

kozloduy hyndai nuclear unit

Hyundai shortlisted for installing new nuclear units in Kozloduy

20 February 2024 - Bulgaria has called on potential contractors to express interest in the construction of a new nuclear power plant with AP1000 technology

GGF UniCredit Bank Serbia EUR 50 million renewables loan

GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan

20 February 2024 - UniCredit Bank Serbia obtained a EUR 50 million loan from GGF for utility-scale renewables projects, strengthening its ties with the fund

EU approves EUR 6 9 billion state aid for hydrogen infrastructure

EU approves EUR 6.9 billion in state aid for hydrogen infrastructure

19 February 2024 - Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission

rhe bistrica project working group 2031 dubravka djedovic

Serbia aims to build pumped storage hydropower plant Bistrica by 2031

19 February 2024 - Bistrica is expected to financially contribute up to EUR 140 million per year to Serbia's state-owned power utility Elektroprivreda Srbije

Montenegro prepares first draft law on renewables, sets rules for auctions

Montenegro drafts first renewables law, sets rules for auctions

19 February 2024 - Montenegro has issued the draft Law on the Use of Energy from Renewable Sources, which introduces a number of novelties

Curbing Energy Demand Not Tomorrow, but Now

Curbing energy demand: not tomorrow, but now

19 February 2024 - Europe is bringing CO2 emissions down, by 8% last year, with two powerful strategies: expanding renewables and reducing energy demand

Romania grants EUR 418 million power distribution grid upgrades

Romania grants EUR 418 million for power distribution grid upgrades

19 February 2024 - Romania signed deals with the country's regional power distribution system operators for EUR 418.2 million in grants

Serbia Vucic rekindles small modular reactor initiative

Serbia’s Vučić rekindles small modular reactor initiative

17 February 2024 - President Aleksandar Vučić said he spoke with British officials about investments in renewables and small modular reactors

BayWa-solar-park-romania-hvac-systems-takeover-poarta-alba

BayWa r.e. to take over 44.5 MW solar project Poarta Albă in Romania

16 February 2024 - Romanian company HVAC Systems will continue to develop the Poarta Albă project from the takeover until commissioning

SEEPEX-PKS-industry-participation-electricity-market-workshop

Industry’s participation in power market to be discussed at meeting organized by SEEPEX, PKS

16 February 2024 - The aim is to open a dialogue between all stakeholders on the further development of Serbia’s electricity market

eu study energy-storage financial instruments

EU members offer 272 financial instruments to back energy storage – report

15 February 2024 - The study on financial instruments and models for energy storage was carried out as part of the Investors Dialogue on Energy - an initiative launched by the European Commission

11 projects selected in Greece’s second energy storage auction

11 projects selected in Greece’s second energy storage auction

15 February 2024 - Seven companies have won support for 11 standalone battery projects at Greece's second energy storage auction

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