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
PV plant Maglizh of 160 MW in Bulgaria to enter test phase
The Maglizh photovoltaic facility of 160 MW in peak capacity is nearing the test phase, after overcoming complex issues in development
HUPX merges into regional power exchange ADEX
ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its sole shareholder. The holding includes BSP and SEEPEX
Romania risks power outages as import capacity is nearing its limits
Imports account for over 35% of power consumption in Romania during daily peaks, but Minister of Energy Sebastian Burduja isn't pessimistic
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.
Albania allows agrisolar, wind power plants on pastureland
Demand for solar and wind power plants prompted Albania to adopt a law allowing such installations on pastureland
Akuo raises EUR 194 million through green bonds for energy projects
Akuo sold green bonds worth EUR 194 million to old partners and new institutional investors for green energy plants and storage units
Thermal power plant Ugljevik halts production due to lack of coal
The management of RiTE Ugljevik, which operates a coal mine and the thermal power plant, blames those who ran the company in previous years.