Global pledge signed to boost energy storage six times to 1.5 TW
The COP29 Global Energy Storage and Grids Pledge calls for increasing capability by six times to 1.5 TW by 2030
PV plant Maglizh of 160 MW in Bulgaria to enter test phase
The Maglizh photovoltaic facility of 160 MW in peak capacity is nearing the test phase, after overcoming complex issues in development
Romania risks power outages as import capacity is nearing its limits
Imports account for over 35% of power consumption in Romania during daily peaks, but Minister of Energy Sebastian Burduja isn't pessimistic
Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed
Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.
Albania allows agrisolar, wind power plants on pastureland
Demand for solar and wind power plants prompted Albania to adopt a law allowing such installations on pastureland
Akuo raises EUR 194 million through green bonds for energy projects
Akuo sold green bonds worth EUR 194 million to old partners and new institutional investors for green energy plants and storage units
Eurelectric: EU has tools to tackle negative, high power prices simultaneously
Eurelectric proposed measures to the European Commission to address power price spikes as well as episodes of ultralow and negative prices
Econergy signs loan for its PV project in Romania, raises EUR 87 million through bonds
Kommunalkredit Austria approved EUR 28 million for Econergy Renewable Energy's Iancu Jianu photovoltaic project of 58 MW in south Romania