Bulgaria’s ESO joins European balancing platform PICASSO
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
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 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 from CBAM carbon tax
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
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 Electric is tasked with a technical feasibility study for the deployment of an AP1000 reactor in Slovenia
Turkey’s Tosyalı to green its steel production with 1.2 GW of solar
Tosyalı Holding plans to invest nearly USD 1 billion to increase renewable energy use in steel production
GGF approves EUR 40 million for AIK Banka to boost green lending
The GGF loan will primarily support the expansion of renewable energy, helping to decarbonize Serbia’s economy, the fund said.