Global pledge signed to boost energy storage six times to 1.5 TW
The COP29 Global Energy Storage and Grids Pledge calls for increasing capability by six times to 1.5 TW by 2030
Carmaker Stellantis, CATL to produce lithium iron phosphate batteries in Spain
The carbon neutral plant is expected to be one of the largest manufacturing facilities in Europe for electric vehicle batteries
Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed
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
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
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
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
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
The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank