subsidies
Masdar, Taaleri reach financial close on Čibuk 2 wind farm in Serbia, sign CfD
24 September 2024 - Masdar and Taaleri SolarWind III Fund reached the financial close for the Čibuk 2 wind power plant in Serbia. UniCredit and Erste provide project financing.
Greece to offer 200 MW in third battery storage auction
20 September 2024 - Before the end of 2024, Greece intends to provide subsidies for standalone battery projects of 200 MW in total via the third auction
Romania issues call to first CfD auction for wind, solar power
12 September 2024 - Romania published a call to an auction for awarding CfD contracts for wind and photovoltaic projects of 1 GW and 500 MW, respectively
Limak commissions part of Turkey’s second-largest solar power plant
10 September 2024 - Limak Renewable Energy has begun to generate electricity from 60 MW out of its Erzin-1 solar power plant of 140 MW in peak capacity
UK aims to turn new state-owned firm GB Energy into energy giant
06 September 2024 - The city of Munich owns more British offshore wind capacity than the UK government, Energy Secretary Ed Miliband told lawmakers
New bill of law to support 2 GW of battery storage in Greece
02 September 2024 - The Greek government is preparing a plan to continue supportting battery storage investments
Bulgaria launches call for grants for standalone energy storage units
21 August 2024 - Bulgaria prepared EUR 589 million in grants for standalone energy storage projects. The deadline for applications is November 21.
Romania approves CfD scheme for auctioning 5 GW of wind, solar capacity
06 August 2024 - Romania approved the contract-for-difference subsidy mechanism for wind and solar power projects that win the support at upcoming tenders
YEO’s Reap Battery launches joint venture in Turkey with China-based Great Power
01 August 2024 - YEO Technology said its subsidiary Reap Battery would control 51% of an energy storage joint venture in Turkey with Great Power
Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio
26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece
Stellantis starts producing electric cars in Serbia
22 July 2024 - With the announced state subsidies, Fiat Grande Panda from the Kragujevac plant could cost around EUR 18,000
Germany providing EUR 4.6 billion in grants for hydrogen projects
18 July 2024 - Germany is disbursing EUR 4.6 billion in subsidies for 23 projects for hydrogen production, transportation and storage
Greek consumers must return subsidies that covered renewable energy surcharge
16 July 2024 - Greek commercial consumers, mostly in the agricultural sector, must pay large sums to the state as they were ordered to return subsidies
Albania declares eight winners at 300 MW solar power auction
10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh
Serbia digitalizes permitting in energy sector
10 July 2024 - Serbia rolled out digital services for energy permitting and the procedure for environmental impact assessment studies
Greece plans to end subsidies for battery energy storage systems
04 July 2024 - Given the curtailments for renewables in Greece, batteries can operate in the market without subsidies, Minister Thodoros Skylakakis said