Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed
09 December 2024 - Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.
EU, EIB to support battery manufacturing amid Northvolt’s bankruptcy
03 December 2024 - The EU earmarked loan guarantees, grants and financing for the battery manufacturing sector right after Northvolt's financial crash
Bulgaria fails to meet conditions for EUR 653 million in EU grants
02 December 2024 - Bulgaria is risking delays in or losing payments from a EUR 653 million grant package under the EU's Recovery and Resilience Facility
Shopping mall operator to break ground on major solar power plant in Romania
01 December 2024 - Monsson Group sold a 50 MW photovoltaic project in northwest Romania to shopping mall operator NEPI Rockcastl
Electrica proposes EUR 253 million for wind park Crucea Est
26 November 2024 - Electrica has asked shareholders to greenlight the Crucea Est wind farm near Constanța, worth as much as EUR 253 million
Greece establishes Islands Decarbonization Fund with EU
22 November 2024 - The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank
OMV Petrom starting construction of its first large photovoltaic plant
20 November 2024 - OMV Petrom awarded the EPCC contract for the Ișalnița solar power project to a group of Romanian companies
Electrica to issue green bonds, start building two large PV plants
14 November 2024 - Electrica's shareholders voted to raise up to EUR 500 million through green bonds, take a EUR 623 million loan and begin building two solar power plants
Masdar, Albania’s KESH ink deal on renewables joint venture
14 November 2024 - Masdar and state-owned power utility KESH are exploring the development of gigawatt-scale green energy projects in Albania
Greece kicks off third battery storage auction – for 200 MW
12 November 2024 - issued a public call for the country's third auction for subsidies for standalone battery storage projects
Dama Solar project of over 1 GW in Romania stuck in court over biodiversity
07 November 2024 - At 1.04 GW, Dama Solar would currently be the largest photovoltaic system in Europe, but environmentalists are disputing the project in court
City of Zenica in BiH calls for bids for energy storage project
06 November 2024 - The City of Zenica in BiH is organizing a bidding procedure for an energy storage facility in the Zenica 1 business zone