energy transition

GGF loan Lovcen banka Montenegro green portfolio

GGF provides loan to Lovćen banka in Montenegro for its green portfolio

12 February 2025 - The Green for Growth Fund (GGF) has established a partnership with Lovćen banka in Montenegro by signing a loan agreement of EUR 3 million

Bulgaria ESO European balancing platform PICASSO

Bulgaria’s ESO joins European balancing platform PICASSO

11 February 2025 - Bulgaria's Electricity System Operator became the first TSO in Southeast Europe to connect to cross-border balancing platform PICASSO

Cyprus launches grant mechanism for energy storage

Cyprus launches grant mechanism for energy storage

11 February 2025 - Owners of renewable energy systems in Cyprus can apply from February 14 for grants to add batteries, under a EUR 35 million program

Greece becomes net electricity exporter in 2024

Greece becomes net electricity exporter in 2024

10 February 2025 - Greece went from net electricity imports of 18% in 2019 to a small surplus in the balance last year, mostly attributed to gas power plants

EU to exempt 80 of importers CBAM carbon tax

EU to exempt 80% of importers from CBAM carbon tax

07 February 2025 - European Commissioner Wopke Hoekstra vowed to exempt over 80% of companies that are eligible for payments under CBAM

Number of PPAs jumps in 2024 but volume weakens Pexapark

Number of PPAs jumps in 2024, but volume weakens – Pexapark

06 February 2025 - The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said

Westinghouse EDF evaluating Krško 2 nuclear project in Slovenia

Westinghouse, EDF evaluating Krško 2 nuclear project in Slovenia

31 January 2025 - Westinghouse Electric is tasked with a technical feasibility study for the deployment of an AP1000 reactor in Slovenia

Tosyali steel green solar

Turkey’s Tosyalı to green its steel production with 1.2 GW of solar

30 January 2025 - Tosyalı Holding plans to invest nearly USD 1 billion to increase renewable energy use in steel production

ggf loan aik banka green

GGF approves EUR 40 million for AIK Banka to boost green lending

29 January 2025 - The GGF loan will primarily support the expansion of renewable energy, helping to decarbonize Serbia’s economy, the fund said.

Enerjisa biggest two wind power projects Turkey auction

Enerjisa wins biggest two wind power projects in Turkey’s auction

28 January 2025 - The winners of all five YEKA wind power zones got a 20-year guaranteed price of just USD 35 per MWh. Enerjisa was awarded 750 MW.

Energy industry arms race against complex cyberattack threats

Energy industry in arms race against complex cyberattack threats

27 January 2025 - The energy industry needs to keep adapting to a growing number of increasingly sophisticated cyberattack threats, DNV Cyber said in a report

Bettina Päri, EUSEW Young Energy Ambassador

On the path to a green future: the importance of bottom-up initiatives in cities

27 January 2025 - Active citizen participation in the energy transition receives attention in the sustainable energy sector. However, when it comes to broader public awareness, the topic gets notably less limelight, and citizen participation in bottom-up projects is still considerably low

Applications open for Energy Community Summer School in Kotor

Applications open for ninth Energy Community Summer School in Kotor

27 January 2025 - The Energy Community Secretariat is organizing the Energy Community Summer School from July 19 to 26 in Kotor, Montenegro

Forty firms competing five wind farm Turkish auction

Forty firms competing for five wind farm projects at Turkish auction

27 January 2025 - Applicants oversubscribed the upcoming auction for CfDs for wind power plants in predetermined areas in Turkey by 18 times

sustainable transition manufacturing industries Western Balkans features Ines Rocha IFC

The sustainable transition: a crucial opportunity for manufacturing industries in the Western Balkans

27 January 2025 - The shift toward more sustainable production is a defining challenge for industries worldwide. In the Western Balkans, it may be especially daunting.

Construction 1 GW solar power project Serbia start early 2026

Construction of 1 GW solar power project in Serbia to start by early 2026

24 January 2025 - The first works on the project in Serbia for solar power plants of 1 GW in total and batteries is expected by early 2026, Minister Dubravka Đedović Handanović said

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