Serbia’s power utility EPS boosts profit to over EUR 360 million in 2025
Elektroprivreda Srbije posted a profit of RSD 42.3 billion for 2025, a significant increase from 2024, when net income was RSD 26.1 billion
NGEN Group enters Latvia with EUR 50 million investment
NGEN Group took over Latvian firm Liepāja ESS to implement a standalone BESS project for 100 MW in operating power and a capacity of 200 MWh
North Macedonia unveils EUR 5.7 billion plan for new power plants, energy storage
North Macedonia's 2026 plan includes 67 power plant projects of at least 1 MW each, for investments totaling an estimated EUR 3.74 billion
China launches world’s largest compressed-air energy storage plant
The 600 MW / 2.4 GWh energy storage facility uses compressed air stored in underground salt caverns to generate electricity during peak demand periods
Record battery installations in EU in 2025 as Bulgaria enters top 3
The European Union added 27.1 GWh of battery capacity last year, marking a 12th consecutive record – driven by utility-scale storage
Researchers in Romania developing agrisolar system with batteries
An agrisolar power plant with batteries is being set up in a research and demonstration project in Romania
ContourGlobal enters Greece with battery projects, small PV plants purchase
KKR-owned ContourGlobal bought a group of small PV plants in Greece, alongside a portfolio of battery storage projects totaling 500 MW
Turkey’s first large solar-BESS power plant inaugurated
Oze Grup has built a 49 MW photovoltaic facility with a 34 MWh battery storage system. It is the first such hybrid power plant in Turkey.
