IPTO to invest EUR 4.1 billion in new interconnections, renewables integration, batteries

Greece’s independent transmission system operator, IPTO, plans to invest EUR 4.1 billion over the next 10 years to build new interconnections with Bulgaria, Italy, Albania, and North Macedonia, as well as to increase capacities for the integration of renewables and install batteries for electricity storage. The possible new interconnections include a subsea cable between Greece […]

Renewables January 15, 2021

Romania counts on EUR 6.7 billion from EU for green energy projects

Developers of renewable energy, grid and just transition projects can file proposals in Romania by October 16, after which the government should forward them to relevant EU institutions. The government expects EUR 6.7 billion over the next ten years from the recently established Modernization Fund. The Ministry for Economy, Energy and Business Environment published a […]

Renewables October 6, 2020

China completes world’s second-largest solar power plant

Huanghe Hydropower Development connected its photovoltaic park of 2.2 GW to the grid. The second-biggest solar power plant in the world is located in Qinghai, China, and includes an energy storage system of 202.9 MW supplied by domestic company Sungrow. It is part of a giant renewables project, which is planned to reach 16 GW. […]

Renewables October 2, 2020

German E.ON to invest EUR 210 million in power business in Romania

E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing energy products and services and electric mobility infrastructure. Marking 15 years since the entry into Romania, E.ON said its priority has been the rehabilitation and modernization of distribution […]