electricity

German company profine energy invest EUR 1 billion renewables Bulgaria

German company intends to invest over EUR 1 billion in renewables in Bulgaria

08 November 2022 - Profine Energy is opening a subsidiary in Bulgaria for solar power projects and preparing to invest more than EUR 1 billion in the country

Romania CE Oltenia delays closure of two coal plant units

Romania’s CE Oltenia delays closure of two coal plant units

08 November 2022 - Two units in coal-fired power plants Turceni and Rovinari won't be closed by the end of the year like it was planned

Investments USD 1 billion expected Turkey wind sector 2023

Investments of USD 1 billion in 2023 expected in Turkey’s wind sector

07 November 2022 - Chairman of TWEA İbrahim Erden estimated that the country would add almost 1 GW in wind power capacity next year

UGT Renewables deal renewables energy storage Montenegro s EPCG UGTR UGT

UGT Renewables signs deal on renewables, energy storage with Montenegro’s EPCG

04 November 2022 - Montenegro's EPCG and US-based UGT Renewables signed an agreement on the joint development of renewables and energy storage

GIZ contractor grid integration study prosumers Serbia

GIZ seeks contractor for grid integration study for prosumers in Serbia

04 November 2022 - Germany's development agency GIZ called on potential contractors in Serbia to prepare offers for a grid integration study for prosumers

China completes world s first hybrid offshore wind solar power plant

China completes world’s first hybrid offshore wind-solar power plant

04 November 2022 - Using Ocean Sun's technology, China's SPIC commissioned what they say is the first hybrid offshore wind-solar power plant in the world

North Macedonia to subsidize over half of food industry's power bill

North Macedonia to subsidize over half of food industry’s power bill

03 November 2022 - The Government of North Macedonia will cover the electricity bills of food producers and bakeries with EUR 100 per MWh

Vanadium flow megabattery comes online in China

Vanadium flow megabattery comes online in China

03 November 2022 - A 100 MW / 400 MWh vanadium flow battery, the largest of its kind in the world, was put into operation in Dalian in northeast China

Turkey chief regulator investments USD 25 billion energy storage

Turkey’s chief regulator expects investments of up to USD 25 billion in energy storage

03 November 2022 - EMRA Chairman Mustafa Yılmaz said upcoming regulations would result in up to USD 25 billion in investments in energy storage

Construction solar power plant 1 GW start June Romania

Construction of solar power plant of over 1 GW to start in June in Romania

02 November 2022 - Rezolv Energy intends to install the largest photovoltaic plant in Europe as it joined a 1.04 GW project developed by Monsson

Rama Albania tax windfall profits private hydropower producers

Rama: Albania to tax windfall profits of private hydropower producers

01 November 2022 - The largest operators of private hydropower plants in Albania will need to pay a windfall profit tax, Prime Minister Edi Rama revealed

Erseke Construction 80 MW solar power plant Albania

Construction of 80 MW solar power plant underway in Albania

01 November 2022 - Works on the Erseka Solar Park near Korça in Albania are in progress. The facility is envisaged to reach 80 MW.

North Macedonia s ESM consultant solar power projects two coal complexes

North Macedonia’s ESM seeks consultant for solar power projects in two coal complexes

01 November 2022 - State-owned ESM is seeking consulting services for solar power projects that would partly replace coal mines and thermal power plants

BIG Energia Holdings expands portfolio wind solar projects BiH Romania

BIG Energia Holdings expands portfolio with wind, solar projects in BiH, Romania

31 October 2022 - BIG Energia Holdings won a tender for a combined wind and solar project in BiH and signed a lease for land in Romania for a PV plant

EU earmarks grants Western Balkans cope energy crisis 2023

EU earmarks grants for Western Balkans to cope with energy crisis in 2023

28 October 2022 - Ursula von der Leyen promised budget aid to Western Balkan governments for energy crisis mitigation measures for families and firms.

Metalac Serbian cookware manufacturer finishing 2 9 MW rooftop solar

Serbian cookware manufacturer finishing its 2.9 MW rooftop solar power plant

27 October 2022 - Metalac from Gornji Milanovac in Serbia's west invested EUR 3 million in renewable energy and the reconstruction of its heating system

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