Renewables
Data centers threaten to derail Europe’s energy transition
13 February 2025 - The expansion of data centers in the EU and UK can strongly increase emissions if they rely even partly on fossil fuels, a new report shows
BiH’s Nova Alumina to install energy facility fueled by waste to replace coal
13 February 2025 - Aluminum and cement industry supplier Nova Alumina plans to build an energy facility that would use alternative fuels, to replace coal
REIB insures Romania’s biggest photovoltaic plant
13 February 2025 - Renewable Energy Insurance Broker (REIB) provided insurance packages for every phase of development of the Rătești solar park
Guide for mapping areas for solar, wind with minimized impact on environment in Energy Community
12 February 2025 - The secretariat and TNC released a guide for identifying priority areas for renewables that minimizes environmental and social conflicts
GGF provides loan to Lovćen banka in Montenegro for its green portfolio
12 February 2025 - 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
11 February 2025 - Končar agreed to acquire fellow Croatian engineering firm HELB, with 35 years of experience in the power infrastructure sector
Turkish companies expand presence in solar power market in Romania
11 February 2025 - 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
11 February 2025 - Owners of renewable energy systems in Cyprus can apply from February 14 for grants to add batteries, under a EUR 35 million program
Aydem Renewables to expand hydropower plant in Turkey with floating solar power system
10 February 2025 - 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
10 February 2025 - 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
Bulgaria’s NEK to equip five hydropower plants with battery storage
10 February 2025 - In addition to a 10 MWh pilot project at Vacha 1, NEK plans to add battery energy storage systems (BESS) to four other hydropower plants
Serbia’s auctions draw significant interest – 40 projects submitted
07 February 2025 - The country launched the auctions in late November and the deadline for applications expired on February 5
EU to exempt 80% of importers from CBAM carbon tax
07 February 2025 - European Commissioner Wopke Hoekstra vowed to exempt over 80% of companies that are eligible for payments under CBAM
Number of PPAs jumps in 2024, but volume weakens – Pexapark
06 February 2025 - The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said
Turkey facilitates USD 500 million in solar power investments through auction round
05 February 2025 - The winners of PV projects in the latest auction round in Turkey must pay high contribution shares for a guaranteed price at the low end of the initial range
Floating solar power plants on small water bodies add to greenhouse gas emissions
05 February 2025 - A new study shows that placing solar panels on small bodies of water increases greenhouse gas emissions by nearly 27 percent