Renewables
EU mulls higher renewables target for 2030 to speed up shift from Russian fossil fuels
21 April 2022 - Last year the European Commission proposed lifting the existing 32% target for renewables in the overall energy mix to 40%, and is now considering raising it to 45%.
Greece to double energy storage target for 2030 to 3 GW
21 April 2022 - The new Greek energy and climate national plan will upgrade the 2030 goal for energy storage from 1.5 GW to 3 GW
Wind power project of 234 MW declared strategic investment in Albania
21 April 2022 - Biopower Green Energy and Marseglia Group got a strategic investment status in Albania for a EUR 244 million project for two wind farms
Wesley Clark meets Albin Kurti to discuss solar projects in Kosovo*
20 April 2022 - Retired US Army General Wesley Clark and Kosovo* Prime Minister Albin Kurti have discussed energy projects, particularly solar power.
EU urged to back energy storage development alongside renewables, hydrogen
19 April 2022 - The EU is urged to back energy storage so as to ensure energy security and independence of Russian fossil fuels, and achieve a net-zero power system.
Germany to suspend financing for wind farm Hrgud, other projects in Republic of Srpska
19 April 2022 - The German government is suspending work on four infrastructure projects in the Republic of Srpska, worth a total of EUR 105 million.
Mihajlović, Hill hint at Serbia-US strategic partnership agreement
19 April 2022 - A strategic partnership agreement would make joint projects easier, especially in the energy sector, US Ambassador to Serbia Christopher Hill said
Amari hybrid power plant in Crete becomes Greece’s strategic investment project
18 April 2022 - Greece awarded a strategic investment status to Terna Energy's project to combine wind power and pumped storage hydropower in Amari in Crete
Turkey seeks to produce biomethane from animal waste to cut natural gas imports
18 April 2022 - Turkey has built a prototype of a device for upgrading animal waste biogas into biomethane, a renewable alternative to natural gas.
UniCredit to partly finance Bistrica hydropower project in BiH
18 April 2022 - State-owned utility ERS got a EUR 15.3 million loan for three hydropower plants on the Bistrica river in BiH from UniCredit's local branch
Republic of Srpska drafts amendments to Law on Energy
15 April 2022 - The draft changes to the Law on Energy are aimed at aligning it with newer laws and the Energy Development Strategy
Hidroelectrica preparing massive investments ahead of stock market listing
15 April 2022 - Hidroelectrica is looking to buy 2 GW in wind farm and solar power projects, and may build more hydropower plants on the Buzău
Wind, solar PPA prices jump 27.5% in Europe year over year
14 April 2022 - The wind and solar PPA index for 14 European countries rallied 8.6% in the first quarter and 27.5% year on year, to EUR 57 per MWh
Romania to significantly increase 2030 renewables target
14 April 2022 - The new goal will be determined during the revision of the national energy and climate plan, planned for this year
Albania planning two more power interconnectors with Kosovo*, Montenegro
13 April 2022 - Albania's regulator said the link with Montenegro should be reconstructed and that new interconnectors are needed with Montenegro and Kosovo*
IRENA: World’s renewable electricity capacity surpassed 3 TW in 2021
13 April 2022 - Renewables accounted for 38.3% of global electricity generation capacity at the end of last year, IRENA said