Bulgaria’s TPP Maritsa East 2 coal plant posts EUR 52 million loss for 2024
Even with a quota for the regulated electricity market in Bulgaria, low electricity prices pushed TPP Maritsa East 2 into a loss last year
Heatwave strains European grid, brings profit to energy storage operators
Record PV production, backed by energy storage, helped maintain electricity system stability in Europe in the latest heatwave, Ember said
Montenegro determines quota, maximum price for solar power auction
The participants in the forthcoming auction for solar power projects in Montenegro will bid for state support for a total of 250 MW
Open call for green hydrogen high-efficiency CHP pilot plant in northern Greece
The Greek government has opened a call for a pilot CHP unit in Western Macedonia that would run on green hydrogen
Foreign renewable energy investors remain committed to Romania as large plants coming online
Renewable energy companies from abroad aren't intimidated by negative power prices in Romania, especially with the BESS segment accelerating
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
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
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
