subsidies
Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed
09 December 2024 - Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.
EU, EIB to support battery manufacturing amid Northvolt’s bankruptcy
03 December 2024 - The EU earmarked loan guarantees, grants and financing for the battery manufacturing sector right after Northvolt's financial crash
Bulgaria fails to meet conditions for EUR 653 million in EU grants
02 December 2024 - Bulgaria is risking delays in or losing payments from a EUR 653 million grant package under the EU's Recovery and Resilience Facility
New European Commission weighing energy affordability versus decarbonization goals
28 November 2024 - The European Union wants to maintain the rapid pace of decarbonization while enabling affordable energy prices
Serbia issues call to wind, solar power auctions with much lower ceiling prices
27 November 2024 - The Ministry of Mining and Energy of Serbia is organizing the second round of auctions for market premiums for wind and solar power projects
Romania grants EUR 64 million for municipal solar power projects
27 November 2024 - Minister of Energy Sebastian Burduja signed 113 grant contracts for PV systems for self-consumption, mostly with municipal authorities
Greece establishes Islands Decarbonization Fund with EU
22 November 2024 - The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank
Slovenia to subsidize Renault’s new electric Twingo with EUR 40 million
18 November 2024 - The Government of Slovenia and Renault signed a memorandum in July on the production of a new version of the electric model Twingo
Albania to establish renewable electricity operator
17 November 2024 - Albania's new state-owned operator will purchase renewable electricity and sell it in the market, and run the green energy support fund
Serbia adopts new regulations for second round of RES auctions
14 November 2024 - The Government of Serbia completed the regulatory framework for the second round of auctions for wind and solar power projects
Turkey’s offshore wind power potential by 2040 estimated at 7 GW
12 November 2024 - The World Bank Group and Turkish Ministry of Energy and Natural Resources outlined the 2040 scenarios for the potential for the country's first offshore wind farms
Turkey kicks off auction procedure for six YEKA solar power zones
05 November 2024 - Companies will bid for six photovoltaic projects in Turkey at predetermined locations. Their total planned capacity is 800 MW
Bulgaria awards EU funds to 249 projects for renewables with energy storage
04 November 2024 - Developers of 249 projects in Bulgaria will receive EUR 268 million in total grants for renewable electricity plants with energy storage
Greece turns to large renewable energy projects to shield consumers
01 November 2024 - The Greek Ministry of Environment and Energy is shifting its focus to large renewable energy projects
Nuclearelectrica to sign deal on new Cernavodă reactors, start preliminary works
29 October 2024 - Nuclearelectrica approved the investment decision and a draft deal with contractors on the project for reactors Cernavodă 3 and 4
EU approves Greek state aid of EUR 150 million for Prinos CCS facility
29 October 2024 - The EU's green light for a Greek state aid package is a major step for the CCS project in Prinos, offshore Kavala