Power grids require investing USD 3.1 trillion by 2030 to limit global warming
Outdated and inadequate power grids are one of the most significant stumbling blocks for the energy transition, Rystad Energy warned
Monsson to merge its wind farm, PV unit in Romania into hybrid power plant with storage
Monsson Group is developing a hybrid wind-solar-storage project with the largest battery energy storage system in Romania
GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan
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 in state aid for hydrogen infrastructure
Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission
Serbia aims to build pumped storage hydropower plant Bistrica by 2031
Bistrica is expected to financially contribute up to EUR 140 million per year to Serbia's state-owned power utility Elektroprivreda Srbije
Montenegro drafts first renewables law, sets rules for auctions
Montenegro has issued the draft Law on the Use of Energy from Renewable Sources, which introduces a number of novelties
Romania grants EUR 418 million for power distribution grid upgrades
Romania signed deals with the country's regional power distribution system operators for EUR 418.2 million in grants
Serbia’s Vučić rekindles small modular reactor initiative
President Aleksandar Vučić said he spoke with British officials about investments in renewables and small modular reactors