IEA: Renewables to cover almost all electricity demand growth through 2027
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
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
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
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
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
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
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
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
