Contracts-for-Difference
Romania approves CfD scheme for auctioning 5 GW of wind, solar capacity
06 August 2024 - Romania approved the contract-for-difference subsidy mechanism for wind and solar power projects that win the support at upcoming tenders
Albania declares eight winners at 300 MW solar power auction
10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh
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.
EU’s key energy market reforms coming into force
22 May 2024 - The EU enacted electricity and gas market reforms and a framework to boost the development of hydrogen and other decarbonized gases
Banks in Serbia receiving lot of requests for grid connection guarantees
17 May 2024 - Banks in Serbia are receiving numerous requests for guarantees for renewables requiring grid connection and most investors have firm collateral instruments, according to speakers at Belgrade Energy Forum
Curtailments, record-low power prices threaten renewables investments in Greece, Spain
20 April 2024 - Renewable energy developers have underestimated the effects of curtailments and low wholesale prices
European Parliament passes electricity, gas market reform
12 April 2024 - European lawmakers adopted the energy market design reform proposal to facilitate decarbonization and ease the impact of sharp price swings
Kosovo* adopts Law on the Promotion of the Use of Renewable Energy Sources
09 April 2024 - Only after the first auction was held, lawmakers in Prishtina passed the Law on the Promotion of the Use of Renewable Energy Sources, which introduces CfDs
Greece to subsidize two major solar and storage projects with EUR 1 billion
04 April 2024 - The European Commission has given the green light for the subsidies, which will take the form of two-way contracts for difference
Enlight completes financing for wind power project Pupin in Serbia
26 March 2024 - Israeli renewables developer Enlight signed loan, offtake and balancing deals for its 94.4 MW Pupin wind power project in Serbia
Germany’s industry to get billions in subsidies to decarbonize
14 March 2024 - Carbon contracts for difference should help companies stay competitive as they transition to more expensive production processes
Romania’s Burduja reveals ceiling prices for wind, solar auctions
12 March 2024 - Romania will publish a call for its first solar and wind power auctions within weeks, according to Minister of Energy Sebastian Burduja