Renewables
German carmakers call for more ambitious targets to boost renewable fuels
26 August 2024 - With renewable fuels, the existing stock of vehicles with combustion engines can be operated in a largely climate-neutral manner, says VDA
Fortis Energy, PowerChina forge partnership to invest in Serbia, region
26 August 2024 - Fortis and PowerChina intend to cooperate on the development and construction of wind and solar projects in Serbia and the wider region
Ukrainian firm buys 60 MW solar project in Romania
23 August 2024 - DRI is rapidly increasing its presence in Romania. Just two months ago, it acquired its third project in the country - a 126 MW solar park
Turkish solar panel maker to build EUR 123 million plant in Bulgaria
23 August 2024 - The Bulgarian Council of Ministers has given the green light for signing a memorandum of understanding with Smart Solar Technologies
Financing secured for 414 MW of wind, solar projects in Romania
23 August 2024 - Nofar Energy will build two solar farms, totaling 315 MW, and Nala Renewables will complete а 99.2 МW onshore wind project
Serbia drafts changes to Law on Energy
22 August 2024 - Public consultations on the draft law on changes and amendments to the Law on Energy will last until September 10
ESO registers 45.5% surge in green electricity in Bulgarian transmission grid
21 August 2024 - ESO said total volume of wind, solar and biomass in the transmission grid jumped 45.5% from the beginning of 2024 on a year-to-year basis
Bulgaria launches call for grants for standalone energy storage units
21 August 2024 - Bulgaria prepared EUR 589 million in grants for standalone energy storage projects. The deadline for applications is November 21.
Cengiz Holding seeking investment opportunities in Balkans
20 August 2024 - Cengiz Energy aims to boost the share of renewables in its portfolio to 80%. The Balkans are part of the Turkish company's expansion plans.
Investors plan 17,500 MW of new renewable energy capacity by 2033 in Bulgaria – TSO
20 August 2024 - The majority, 85% of 17,500 MW of renewable energy projects, are for solar power plants, the country's TSO ESO said
Turkish steelmakers invest massively in solar power to decarbonize
19 August 2024 - Two Turkish steelmakers are decarbonizing their facilities with solar power, which will exempt them from carbon border taxes
Greece to change its power market model to reduce prices
19 August 2024 - The Greek government intends to facilitate a decrease in wholesale power prices with a new market model
Montenegro gets first Law on the Use of Energy from Renewable Sources
19 August 2024 - The goal of the law is to reduce carbon dioxide emissions and increase the production of energy from renewable sources
Largest solar grazing agreement: 6,000 sheep to mow grass at eight solar plants
19 August 2024 - The business of using sheep to maintain vegetation is growing quickly. Solar grazing is at the forefront of a booming agrisolar industry
General Atlantic taking over 2.1 GW in renewable energy projects in Romania
19 August 2024 - General Atlantic is proceeding with the acquisition of Actis, which is developing renewable energy projects of 2.1 GW in total in Romania
Monsson Group to install 1.5 GWh of battery storage by 2030
16 August 2024 - Monsson is preparing projects and partnerships for battery energy storage systems (BESS) of 1.5 GWh in total by the end of the decade