INVL fund secures loan for 71 MW of solar projects in Romania
INVL Renewable Energy Fund I, managed by INVL Asset Management, invests in renewable energy projects
Price of residential battery storage in Europe drops over 50% in two years
The mature residential battery storage markets in Europe are stabilizing, while policy-driven and emerging markets are gaining traction
Sunotec, Sungrow sign 2.4 GWh battery storage agreement
China-based Sungrow and Bulgarian-German company Sunotec have agreed to install 2.4 GWh of battery energy storage systems in Europe
Two small hydropower turbines to be integrated into Sofia water supply lines
Veolia received a green light from Bulgaria's capital city to install two hydropower generators within the city's major water supply lines
Romania preparing EUR 300 million in subsidies for geothermal heating, cooling
A proposed state aid mechanism for geothermal district heating or cooling systems in Romania would be worth EUR 300 million
Turkish renewables firm to drill for geothermal lithium
Margün Energy intends to search for lithium in geothermal water in western Turkey, where it took over a 12 MW geothermal power plant
IBEX conducts Bulgaria’s first guarantees of origin auction
A small wind power plant in northeastern Bulgaria sold 2,475 guarantees of origin of electricity via the IBEX bourse
Over 20,000 prosumer units connected in Greece in last 18 months
Households and businesses remain highly interested in becoming prosumers in Greece, although the new net billing program faces delays.