energy transition

Construction Ingka Investments 300 MW solar park Romania well underway

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

romania INVL Renewable Energy Fund Kommunalkredit

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

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

bulgaria sunotec sungrow bess battery storage

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 with Sofia water supply lines

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 EUR 300 million subsidies geothermal heating cooling

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 geothermal power plant operator drill for geothermal lithium

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 Bulgaria first guarantees of origin auction

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 projects connected in Greece during last 18 months

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 81 MW solar park on coal mine in Montenegro

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 49 9 MW battery project Greece

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 percent new renewables units more cost effective than fossil fuel alternatives

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 CEZ on small modular reactors

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

Slovenia grants renewables district heating cooling

Slovenia kicks off grants program for renewables-based district heating, cooling

22 July 2025 - Slovenia is cofunding the construction or restructuring of district heating and cooling systems using renewable energy sources

Germany supports Serbia in clean energy supply, environmental protection

Germany supports Serbia in clean energy supply, environmental protection

22 July 2025 - Serbia and KfW signed a EUR 135 million loan for the second phase of the Green Transition Development Policy Operation (DPO II) program

energy community summer school kotor montenegro

Ninth Energy Community Summer School gathers 40 participants in Montenegro from 28 countries

21 July 2025 - Forty young professionals and researchers from 28 countries gathered at the Faculty of Maritime Studies in Kotor, Montenegro

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