subsidies

Greece turns to large renewable energy projects to avoid high costs

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 Cernavodă reactors preliminary works

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

Prinos CCS storage gains EUR 150 million in state aid

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

Turkey issues auction call for wind farm projects of 1 2 GW in total

Turkey issues auction call for wind farm projects of 1.2 GW in total

28 October 2024 - Under the REZ WPP-2024 – YEKA RES-2024 auction round, companies will bid for five wind farm projects in Turkey

Turkey plans 89 GW of new solar wind power by 2035

Turkey plans 89 GW of new solar, wind power by 2035

26 October 2024 - The Government of Turkey aims to almost quadruple wind and solar power capacity to 120 GW by 2035, according to the new roadmap

EU approves Western Balkans reform agendas auction schedules renewables

EU approves Western Balkans reform agendas including auction schedules for renewables

24 October 2024 - Western Balkan governments excluding BiH can draw funding from the EU's Growth Plan as they fulfill reform obligations and achieve goals

Enery commissions solar power plant with batteries in Romania

Enery commissions solar power plant with batteries in Romania

23 October 2024 - The new Sărmăşag hybrid power plant consists of a 51.4 MW solar power component and a battery facility of 22 MWh, Enery said

Romania EU funds battery storage solar panel factory Electrica Renovatio Kraft

Romania awards EU funds for battery storage projects, solar panel factory

18 October 2024 - Electrica and Renovatio Trading obtained the first EU grants for battery storage in Romania, alongside a solar panel factory project

EU adjusts rules before second European Hydrogen Bank auction

EU adjusts rules before second European Hydrogen Bank auction

30 September 2024 - The second auction for renewable hydrogen under the European Hydrogen Bank mechanism has a budget of EUR 1.2 billion

Romania energy revolution Burduja offshore wind roadmap

Burduja declares energy revolution in Romania amid offshore wind roadmap launch

30 September 2024 - The Offshore Wind Roadmap for Romania envisages up to EUR 19 billion in investments and as much as 7 GW in capacity by 2035

Masdar Taaleri Čibuk 2 wind farm Serbia CfD

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 auction

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

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 Turkey second largest solar power plant

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

Ed Miliband UK aims to turn new state owned firm GB Energy into energy giant

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 aims at 2 GW of battery storage in Greece

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

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