energy storage
Bulgaria offers highest profitability for battery storage in Europe
15 December 2023 - Profitability issues could hinder the development of battery storage, which is critical for the green energy transition, Rystad Energy warns
World’s largest concentrated solar power plant completed in Dubai
08 December 2023 - A 950 MW solar energy complex, including the biggest concentrated solar power plant, was inaugurated in Dubai during COP28
Bulgaria earmarks EUR 8.2 million for Stara Zagora hydrogen valley
07 December 2023 - Minister of Innovation and Growth Milena Stoycheva said the Stara Zagora hydrogen valley project would get EUR 8.2 million in EU funds
Vulcan opens Europe’s first fully domestic lithium production plant in Germany
30 November 2023 - Lithium extraction from salt water has a much lower environmental impact than projects at salt deserts and mines
World’s largest energy storage system is being built in Atacama Desert
28 November 2023 - Spanish green energy producer Grenergy has begun the construction of an energy storage facility in Chile's Atacama Desert
EU approves REPowerEU green energy projects submitted by Greece, Romania
23 November 2023 - Through the revision of their resilience plans, Greece and Romania got EUR 795 million and EUR 2 billion, respectively, in REPowerEU funds
New Government of Montenegro affirms support to EPCG – UGT Renewables partnership
17 November 2023 - Representatives of UGT Renewables, Hyundai Engineering and Elektroprivreda Crne Gore met with Montenegro's top government officials
Romania to turn 17 coal mines into gravity energy storage systems
10 November 2023 - Romania agreed with Green Gravity to study gravity energy storage technology in 17 coal mine shafts in the Jiu Valley complex
New rules announced for 2023/2024 rounds of energy storage auctions in Greece
10 November 2023 - After the success of Greece's first energy storage auction, the government has changed the terms ahead of the upcoming second and third ones
Serbia selects Hyundai Engineering, UGTR consortium as strategic partner for solar power plants of 1 GW in total
06 November 2023 - The Government of Serbia selected the consortium of Hyundai Engineering and UGT Renewables as its strategic partner for a major solar power project with storage
Renewable energy investors in Greece to add batteries or face curtailment
03 November 2023 - Greece intends to turn to batteries to solve the difficult issue of renewable electricity production curtailments and lack of space
Leaked – Serbia signs lithium exploitation agreement with European Commission
28 October 2023 - Serbia and the European Commission signed a letter of intent on a partnership for batteries and critical raw materials including lithium
Rimac Energy, ENNA establish partnership for renewable energy production, storage
25 October 2023 - The partnership revolves around SineStack, an innovative battery energy storage system developed by Rimac Energy
Porsche Slovenija, NGEN forge partnership for EV integration in next generation energy system
20 October 2023 - Porsche Slovenija has entered into a strategic partnership with smart grid and storage management solutions company NGEN
RP Global plans solar power plant with battery in Serbia
17 October 2023 - The zoning plan for a solar power plant with batteries near the village of Čalma, north of Sremska Mitrovica, is undergoing public review
Bulgaria unveils two pumped storage hydropower projects of 800 MW each
13 October 2023 - Planning is underway in Bulgaria to install two underground pumped storage hydropower facilities with a combined capacity of 1.6 GW.