EU seeks coordinated action amid fears of prolonged energy supply disruption
Although the EU’s energy supplies are not under immediate threat, the bloc must prepare for a prolonged crisis and reduce oil demand, the energy commissioner warned
Rezolv Energy signs landmark cross-border VPPA for its giant wind park Vifor
Etem Gestamp is sourcing electricity for its operations in Bulgaria from Rezolv Energy’s 461 MW Vifor wind farm in Romania
Von der Leyen: EU considering natural gas price cap to curb electricity prices
These measures have gained renewed urgency as natural gas prices have skyrocketed due to the conflict between US and Israel on one side and Iran on the other
Global clean PPA market shrinks for first time in nearly one decade
Tech giants contracted almost half of the total volume, and firm power deals are set to become dominant, according to a BloombergNEF report
Saudi’s Acwa starts USD 5 billion renewables investment in Turkey
Saudi Arabian energy utility Acwa agreed to build two photovoltaic plants in Turkey, of 1 GW each. It is the first phase of a 5 GW plan.
Montenegro clears environmental impact study for 118.8 MW Bijela wind farm
The Environmental Protection Agency has approved the environmental impact assessment for the 118.8 MW Bijela wind farm
Solar power production driving prices on North Macedonia’s power exchange
Ana Angelova, a market operations specialist at the National Electricity Market Operator, analyzed official power exchange data for 2024
Saudi Arabia to build 2 GW of solar power in Turkey within 5 GW deal
Saudi Arabia signed an agreement for its companies to build solar power plants totaling 2 GW in two provinces in Turkey