EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries
Focusing on renewables, grids, storage, and energy efficiency, the funds will support projects in Croatia, Slovenia, Greece, and Romania.
Slovenia’s sole coal-fired power plant Šoštanj to keep main unit offline until fall
The 600 MW unit at Šoštanj will not be restarted until the end of September, when demand for heat is set to rise.
Serbia, North Macedonia working on gas interconnector project
Srbijagas and Nomagas have expressed their intention to build the Serbia – North Macedonia gas interconnector soon.
IHA: Turkey’s 2024 hydropower additions highest in Europe again
The world's hydroelectric capacity increased 1.7% last year to 1.44 TW, the International Hydropower Association said in its annual report
Project underway for 99 MW Bokšić solar plant with battery storage
The Bokšić solar power plant project includes a battery energy storage system, BESS, with a capacity of 70.8 MWh.
YEO’s Defic Globe buys projects for 219 MW in Romania amid rebranding
Defic Globe, controlled by YEO, acquired 15 project firms developing plans for power plants and battery storage in Romania
HELLENiQ Energy buys ABO Energy Hellas, adding 1.5 GW in renewables projects
Amid a consolidation in the renewables sector in Greece, HELLENiQ Energysaid it completed the acquisition of ABO Energy Hellas
EU outlines measures for 90% emissions cut by 2040
A proposed amendment to the European Climate Law sets a 2040 target of a 90% reduction in net greenhouse gas emissions