renewable energy sources
GGF provides loan to Lovćen banka in Montenegro for its green portfolio
12 February 2025 - The Green for Growth Fund (GGF) has established a partnership with Lovćen banka in Montenegro by signing a loan agreement of EUR 3 million
Turkish companies expand presence in solar power market in Romania
11 February 2025 - Turkish oil refiner Tüpraş and joint venture Defic Globe, controlled by YEO, have published updates on their operations in Romania
Cyprus launches grant mechanism for energy storage
11 February 2025 - Owners of renewable energy systems in Cyprus can apply from February 14 for grants to add batteries, under a EUR 35 million program
Aydem Renewables to expand hydropower plant in Turkey with floating solar power system
10 February 2025 - Aydem Renewables is developing a project for turning its Adıgüzel hydroelectric facility of 62 MW into a hybrid power plant
Greece becomes net electricity exporter in 2024
10 February 2025 - 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
Bulgaria’s NEK to equip five hydropower plants with battery storage
10 February 2025 - In addition to a 10 MWh pilot project at Vacha 1, NEK plans to add battery energy storage systems (BESS) to four other hydropower plants
Number of PPAs jumps in 2024, but volume weakens – Pexapark
06 February 2025 - The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said
Turkey facilitates USD 500 million in solar power investments through auction round
05 February 2025 - The winners of PV projects in the latest auction round in Turkey must pay high contribution shares for a guaranteed price at the low end of the initial range
Termokos opens tender for solar thermal system for Prishtina heating
05 February 2025 - District heating utility Termokos is seeking a contractor to build a 30 MW solar thermal facility outside Prishtina in Kosovo*
Imports from China don’t exceed 26% of PV project costs in Romania
03 February 2025 - Simtel's CEO Iulian Nedea said Chinese solar panels and inverters make up just 26% of total costs of a 1 MW facility and that the rest are EU and Romanian products and services
Solar power plant Erseka of 40 MW completed in southeast Albania
31 January 2025 - The Erseka solar park came online near Kolonja, Albanian media reported. The facility will generate 50 GWh per year.
IFC is building Western Balkans Green Growth Alliance
30 January 2025 - IFC is spearheading the establishment of the Western Balkans Green Growth Alliance for decarbonization and sustainability
Turkey’s photovoltaic capacity doubles since July 2022, to 19.6 GW
28 January 2025 - Turkey's 2025 solar power target of 19 GW was exceeded one and a half years earlier, Ember said in a new report
Enerjisa wins biggest two wind power projects in Turkey’s auction
28 January 2025 - The winners of all five YEKA wind power zones got a 20-year guaranteed price of just USD 35 per MWh. Enerjisa was awarded 750 MW.
Energy industry in arms race against complex cyberattack threats
27 January 2025 - The energy industry needs to keep adapting to a growing number of increasingly sophisticated cyberattack threats, DNV Cyber said in a report
Forty firms competing for five wind farm projects at Turkish auction
27 January 2025 - Applicants oversubscribed the upcoming auction for CfDs for wind power plants in predetermined areas in Turkey by 18 times