GGF secures EUR 82.8 million in investments for green lending
GGF closed 2023 securing EUR 32.8 million from Germany’s KfW and EUR 50 million from FMO, the Dutch entrepreneurial development bank
NextE signs largest onsite corporate solar PPA in Romania
Renewables developer nextE signed a long-term corporate PPA for an 51.5 MW onsite project with an unidentified consumer
Montenegro’s EPCG vows to put solar panels on every roof in country
EPCG solar is preparing to start the works within the Solari 5000+ subsidy program in Montenegro for rooftop photovoltaic systems
Albania kicks off qualifications for 300 MW solar power auction
Albania invited investors to qualify their photovoltaic projects for an upcoming tender for 15-year contracts for difference
Global players bid to replace coal with 455 MW of solar power in Romania
Tenders for 455 MW of PV capacity replacing CE Oltenia's coal plants drew investors from China, Turkey, the US, Germany and Ukraine
Turkey’s largest wind power plant to add battery storage
Polat Enerji said an energy storage system would lower balancing costs for its wind park Soma, the largest in Turkey
EU adds record 17 GW of wind power in 2023 but must double pace
The EU saw 14 GW of onshore wind and 3 GW of offshore capacity coming online in 2023. WindEurope warned that the goal is 30 GW per year.
Albania to limit final project approvals for renewables to one year
Final approvals for renewable electricity plants in Albania will last 12 months. KESH is working on a pumped storage hydropower project.