IPTO to invest EUR 4.1 billion in new interconnections, renewables integration, batteries

Greece’s independent transmission system operator, IPTO, plans to invest EUR 4.1 billion over the next 10 years to build new interconnections with Bulgaria, Italy, Albania, and North Macedonia, as well as to increase capacities for the integration of renewables and install batteries for electricity storage. The possible new interconnections include a subsea cable between Greece […]

Renewables January 15, 2021

China completes world’s second-largest solar power plant

Huanghe Hydropower Development connected its photovoltaic park of 2.2 GW to the grid. The second-biggest solar power plant in the world is located in Qinghai, China, and includes an energy storage system of 202.9 MW supplied by domestic company Sungrow. It is part of a giant renewables project, which is planned to reach 16 GW. […]

Renewables October 2, 2020

Greece to move forward with privatization of energy, mining companies

Minister of Environment and Energy of Greece Kostis Hatzidakis announced plans for a quick sale or partial privatization of companies in the energy and mining sectors. He asserted the government would soon introduce the so-called target model so that power producers would be able to make bilateral supply contracts with corporate consumers. “The government supports […]

Renewables September 17, 2020

Biggest Croatian PV plant inaugurated on Vis island

One of the most remote islands in the Adriatic became self-sustainable in energy terms. Croatian HEP Group’s PV plant in Vis started regular operations today, and with its 3.5 MW and a battery of 1 MW it is the biggest of its kind in the country. State-controlled energy company Hrvatska elektroprivreda (HEP Group) ended the […]

Renewables September 11, 2020