IEA: Renewables to cover almost all electricity demand growth through 2027
17 February 2025 - A sharp increase in global electricity demand is expected in the next three years, IEA said and estimated that renewables would cover 95%
REIB insures Romania’s biggest photovoltaic plant
13 February 2025 - Renewable Energy Insurance Broker (REIB) provided insurance packages for every phase of development of the Rătești solar park
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
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
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
Applications open for European Solar Startup Award 2025
31 January 2025 - SolarPower Europe has invited companies to apply for the European Solar Startup Award 2025. the deadline to apply will close on February 21
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.
Turkey’s Tosyalı to green its steel production with 1.2 GW of solar
30 January 2025 - Tosyalı Holding plans to invest nearly USD 1 billion to increase renewable energy use in steel production