EU waters down its 2040 climate target in runup to COP30 in Brazil
The EU upheld its proposed 90% emissions cut target for 2040 ahead of COP30 in Brazil, but with substantial workaround possibilities
RE-Source Platform: Number of PPAs in Europe drops by 60%
The power purchase agreement market is facing headwinds in grid development, permitting and electrification and from negative electricity prices, RE-Source Platform warned
Croatia discovers series of geothermal sources suitable for heating
The results of exploration at the Vinkovci GT-1 well in Croatia confirmed the area's significant geothermal potential
ESM secures EUR 1.5 million grant to accelerate North Macedonia’s energy transition
North Macedonia’s power utility has secured a EUR 1.5 million grant to strengthen its capacity and accelerate the energy transition
Sunotec, Shell join forces to develop BESS in Europe
Sunotec signed a cross-border agreement with Shell Energy Europe B.V. The firm is developing large solar and BESS projects in Europe
Eksim Energy launches production at its Yozgat wind park in central Turkey
Eksim Energy, which operates one of the biggest solar power plants in Turkey, commissioned the first part of its Yozgat wind farm
Romania to roll out flexibility market where you get paid to consume less power
Consumers in Romania will be able to participate in the flexibility services market, getting compensated for cutting their electricity use
Green light in Greece for expansion of future photovoltaic, green hydrogen complex
A firm developing a project for a giant solar park with a green hydrogen plant is doubling the planned electrolyzer capacity