Bulgaria fails to meet conditions for EUR 653 million in EU grants

Bulgaria fails to meet conditions for EUR 653 million in EU grants

02 December 2024 - Bulgaria is risking delays in or losing payments from a EUR 653 million grant package under the EU's Recovery and Resilience Facility

Nepi Rockastle Shopping mall operator break ground major solar power plant Romania

Shopping mall operator to break ground on major solar power plant in Romania

01 December 2024 - Monsson Group sold a 50 MW photovoltaic project in northwest Romania to shopping mall operator NEPI Rockcastl

Electrica EUR 253 million wind park Crucea Est

Electrica proposes EUR 253 million for wind park Crucea Est

26 November 2024 - Electrica has asked shareholders to greenlight the Crucea Est wind farm near Constanța, worth as much as EUR 253 million

Greece, EU establish Islands Decarbonization Fund

Greece establishes Islands Decarbonization Fund with EU

22 November 2024 - The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank

OMV Petrom starting construction of its first large photovoltaic plant

OMV Petrom starting construction of its first large photovoltaic plant

20 November 2024 - OMV Petrom awarded the EPCC contract for the Ișalnița solar power project to a group of Romanian companies

Electrica green bonds start building two large PV plants

Electrica to issue green bonds, start building two large PV plants

14 November 2024 - Electrica's shareholders voted to raise up to EUR 500 million through green bonds, take a EUR 623 million loan and begin building two solar power plants

Masdar Albania KESH deal renewables joint venture

Masdar, Albania’s KESH ink deal on renewables joint venture

14 November 2024 - Masdar and state-owned power utility KESH are exploring the development of gigawatt-scale green energy projects in Albania

Dama Solar over 1 GW Romania court biodiversity

Dama Solar project of over 1 GW in Romania stuck in court over biodiversity

07 November 2024 - At 1.04 GW, Dama Solar would currently be the largest photovoltaic system in Europe, but environmentalists are disputing the project in court

Bulgaria awards EU funds 249 renewables energy storage

Bulgaria awards EU funds to 249 projects for renewables with energy storage

04 November 2024 - Developers of 249 projects in Bulgaria will receive EUR 268 million in total grants for renewable electricity plants with energy storage

Turkey plans 89 GW of new solar wind power by 2035

Turkey plans 89 GW of new solar, wind power by 2035

26 October 2024 - The Government of Turkey aims to almost quadruple wind and solar power capacity to 120 GW by 2035, according to the new roadmap

Wind power producers in Greece ask government for support to add batteries

Wind power producers in Greece ask government for support to add batteries

25 October 2024 - The Greek wind energy sector wants government support for adding batteries to facilities, like the measures for the photovoltaics sector

Fund ran by asset manager Mirova buys stake in RP Global

Fund ran by asset manager Mirova buys stake in RP Global

24 October 2024 - Energy transition infrastructure fund MET6, managed by Mirova, is becoming a relevant minority shareholder in RP Global

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