Global pledge signed to boost energy storage six times to 1.5 TW
11 December 2024 - 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
11 December 2024 - 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
09 December 2024 - Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.
Akuo raises EUR 194 million through green bonds for energy projects
09 December 2024 - Akuo sold green bonds worth EUR 194 million to old partners and new institutional investors for green energy plants and storage units
EU, EIB to support battery manufacturing amid Northvolt’s bankruptcy
03 December 2024 - 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
02 December 2024 - 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
01 December 2024 - Monsson Group sold a 50 MW photovoltaic project in northwest Romania to shopping mall operator NEPI Rockcastl
Around 40 renewable energy projects pending in Croatia
29 November 2024 - Power grid bottlenecks could jeopardize connecting new power plants to the system but also the operation of the ones already online
Electrica proposes EUR 253 million for wind park Crucea Est
26 November 2024 - 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
22 November 2024 - The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank
OMV Petrom starting construction of its first large photovoltaic plant
20 November 2024 - OMV Petrom awarded the EPCC contract for the Ișalnița solar power project to a group of Romanian companies
Electrica to issue green bonds, start building two large PV plants
14 November 2024 - Electrica's shareholders voted to raise up to EUR 500 million through green bonds, take a EUR 623 million loan and begin building two solar power plants