Renewables
Danske Commodities to optimize world’s largest power-to-X facility
25 June 2024 - Danske Commodities is tasked with optimizing electricity consumption at the Kassø power-to-X facility, which is about to start producing e-methanol
Italian green loan for EPS requires Serbia to set 2030 renewables target at 45%
25 June 2024 - The green loan, provided by Italian development bank Cassa Depositi e Prestiti, is aimed at helping EPS to decarbonize
Alcazar Energy Partners launches 400 MW wind power project in North Macedonia
25 June 2024 - Alcazar Energy Partners is kickstarting a 400 MW wind power investment in North Macedonia. Its new AEP-I fund is worth USD 490 million.
China’s Norinco seeks to take over 125 MW solar project in BiH
25 June 2024 - Norinco International plans to buy an 80% stake in Aurora Solar, a firm that was granted a concession for a 125 MW solar power plant in BiH
North Macedonia gets new government – Sanja Božinovska is in charge of energy
24 June 2024 - New Minister of Energy, Mining and Mineral Raw Materials Sanja Božinovska indicated that North Macedonia would revise four proposed strategic partnerships
Germany sets EUR 3 billion to subsidize hydrogen pipeline projects
24 June 2024 - Germany got a green light for its EUR 3 billion mechanism to support the construction of the Hydrogen Core Network
Premier Energy, Motor Oil launch joint venture for hybrid power plants in Romania
24 June 2024 - Premier Energy established a firm in Romania with Greece-based Motor Oil that bought two PV projects of 86 MW in total, with storage
Turkish firm buys mature PV project of 214 MW in Romania from Econergy
21 June 2024 - Entek Elektrik's subsidiary Enspire Enerji took over a 214 MW solar power project in Romania from Israel-based Econergy
Renalfa IPP puts largest battery facility in Bulgaria into operation
21 June 2024 - Renalfa IPP has started the commercial operation of its first utility-scale battery energy storage system
Global energy emissions, fossil fuel use hit all-time highs in 2023
20 June 2024 - Global emissions from energy increased 2% year on year in 2023, exceeding 40 gigatons of CO2 for the first time ever
Global energy transition slows down amid economic, political volatility – report
20 June 2024 - European countries lead the World Economic Forum Energy Transition Index 2024 rankings, with Sweden at the top
Masdar to take over Terna Energy in deal worth EUR 3.2 billion
20 June 2024 - Masdar is expanding in Greece and Europe by buying Terna Energy for EUR 2.4 billion, translating to an enterprise value of EUR 3.2 billion
Global solar power capacity hits 1.6 TW after 87% surge in new installations in 2023
19 June 2024 - In 2023, the world installed 447 GW of new solar capacity, compared to 239 GW added in 2022, says SolarPower Europe
WindEurope on EU elections – center-right expected to partly revise European Green Deal
19 June 2024 - Electricity-intensive industry and WindEurope are seeking assurances on the European Green Deal from EU leaders, following the elections
OMV Petrom to produce sustainable fuels, green hydrogen in Romania
19 June 2024 - The Petrobrazi refinery will become the first major producer of sustainable fuels in Southeast Europe, OMV Petrom said
DTEK’s subsidiary DRI buys 126 MW solar power project in Romania
19 June 2024 - Renewable energy company DRI acquired its third project in Romania. The Văcărești solar farm is planned to have 126 MW in capacity.