Offshore wind auctions in Greece to include flexible CfDs and curtailment protection
Two measures are under consideration for the first Greek offshore wind farms, to make them commercially viable in the long term
Curtailments, negative prices slash solar power revenue in Greece by up to 60%
Solar parks in Greece with CfDs have lost an average 50% of revenue on a year-to-year basis in April amid negative prices and curtailments
France seeks massive electrification amid fossil fuel crisis
The electrification plan is designed to electrify France's economy in response to the energy crisis triggered by the war in the Middle East
Bulgaria surges to world’s No. 1 in battery systems share
The combined share of battery energy storage systems in Bulgaria is higher by far than in any other country in the world
Energo-Pro upgrades 280 MW hydropower plant in Turkey with PV park
Energo-Pro built a 40 MW photovoltaic system in eastern Turkey and integrated it with its Alpaslan 2 hydroelectric plant of 280 MW
Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid
The European Hydrogen Bank (EHB) approved EUR 1.09 billion in the third auction. A Greek JV won with the lowest bid in the general category.
Rezolv Energy commissions 225 MW solar park St. George in Bulgaria, with BESS
One of Bulgaria’s largest PV parks is fully operational and it includes a BESS. Rezolv Energy built St. George on the former Silistra airport.
Greece frames solar power’s zero prices as informal consumer support
The Greek government is reluctant to remunerate photovoltaic producers for their high losses from zero or negative hourly wholesale prices