energy transition
Bulgaria’s NEK to launch offering of guarantees of origin on IBEX
05 August 2025 - State-controlled hydropower plant operator NEK said it would launch auctions for gurarantees of origin in Bulgaria, providing liquidity in the market segment
Bulgaria on track to add 1.5 GW of solar power by mid-2026
05 August 2025 - The pace of large photovoltaic projects in Bulgaria indicates that total capacity can reach 6 GW by the middle of next year
Serbia adopts Just Energy Transition Plan until 2030
01 August 2025 - Serbia now has a Just Energy Transition Plan until 2030, with suggestions how to mitigate of the impact of reducing fossil fuel use
Construction of Ingka Investments 300 MW solar park in Romania well underway
30 July 2025 - Ingka Investments, a division of the largest IKEA franchisee, is building the largest solar power plant in Romania
INVL fund secures loan for 71 MW of solar projects in Romania
30 July 2025 - 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
30 July 2025 - 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
29 July 2025 - 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
28 July 2025 - 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
28 July 2025 - 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
26 July 2025 - 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
25 July 2025 - 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
24 July 2025 - Households and businesses remain highly interested in becoming prosumers in Greece, although the new net billing program faces delays.
Project underway for 81 MW solar park on coal mine in Montenegro
24 July 2025 - The Government of Montenegro gave a provisional green light for a solar power plant of 81.1 MW in peak capacity on coal land in Pljevlja
Faria Renewables secures financing for 49.9 MW battery project in Greece
24 July 2025 - Faria Renewables has signed a loan agreement with Attica Bank for the construction of a BESS facility in Greece
IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives
23 July 2025 - Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report
Rolls-Royce SMR to start works with ČEZ on small modular reactors
22 July 2025 - Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement within their strategic partnership for small modular reactors