Global utilities vow to scale renewables capacity by 2.5 times by 2030
Utilities in UNEZA are accelerating grid investment. Member utilities vowed to lift their renewables capacity by 2.5 times to 749 GW by 2030.
Curtailments, record-low power prices threaten renewables investments in Greece, Spain
Renewable energy developers have underestimated the effects of curtailments and low wholesale prices
Power utilities in Greece, Cyprus allow home PV systems to be paid in installments
Greece and Cyprus have enabled the installation of home PV systems to be paid in installments and without upfront costs
Hidroelectrica, Masdar to set up joint venture for 2 GW in Romania
Hidroelectrica and Masdar agreed to jointly invest in photovoltaics, floating solar power and batteries in Romania
RenX Italia submits 120 MW wind power project in Albania
A subsidiary of RenX Italia requested from the Ministry of Infrastructure and Energy of Albania to install wind park Pogradec of 120 MW
Mitsotakis: Greece to launch EUR 2 billion fund for decarbonization of islands
Prime Minister Kyriakos Mitsotakis said Greece would create a special fund for islands of up to EUR 2 billion for phasing out fossil fuels
Bulgaria’s NEK launches floating solar, battery, pumped storage projects
NEK intends to invest in two floating solar power and two pumped storage hydropower plants and battery energy storage projects
Development Bank of Austria invests EUR 19.8 million in GGF
The Green for Growth Fund (GGF) and the Development Bank of Austria (OeEB) have announced an investment of EUR 19.8 million