Foreign renewable energy investors remain committed to Romania as large plants coming online
Renewable energy companies from abroad aren't intimidated by negative power prices in Romania, especially with the BESS segment accelerating
EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries
Focusing on renewables, grids, storage, and energy efficiency, the funds will support projects in Croatia, Slovenia, Greece, and Romania.
EU outlines measures for 90% emissions cut by 2040
A proposed amendment to the European Climate Law sets a 2040 target of a 90% reduction in net greenhouse gas emissions
SolarPower Europe: EU needs ten times more battery storage by 2030 to meet renewables targets
SolarPower Europe has launched an initiative called the Battery Storage Europe Platform to promote battery growth across the EU.
Solaris Holding launches production at large hybrid renewable energy park in Bulgaria
The new Selanovtsi solar farm of 59.8 MW in peak capacity near Vratsa was installed alongside a battery energy storage system of 107.3 MWh in capacity
Hungary’s MAVIR commissions 60 MWh battery energy storage system
MAVIR, the Hungarian TSO, put into operation a battery energy storage system (BESS) of 20 MW in capability and a three-hour cycle.
Montenegro publishes NECP for public consultation – sole coal plant planned for shutdown in 2041
The retirement of the Pljevlja coal plant is planned for 2041, but it depends on a just transition and supply security, the draft NECP reads
Energy storage in focus: How custom insurance solutions are fueling Southeast Europe’s green transition
Delyan Iliev, Managing Director of Renewable Energy Insurance Broker (REIB), talks about the critical role of custom-made insurance solutions in the success of BESS projects.