Hybrid solar cuts levelized cost of electricity 10% compared to standalone projects
31 March 2025 - Hybrid solar supports system flexibility, improves the cost-effectiveness of an asset, and makes energy generation more reliable
IEA’s Global Energy Review: Electricity use is growing rapidly, driven by heatwaves, electrification, data centers, AI
25 March 2025 - Global energy demand grew at a faster-than-average pace in 2024, according to the IEA’s Global Energy Review
European wind industry to need 200,000 new workers
02 December 2024 - The European wind industry is set to expand from 370,000 jobs today to 600,000 by 2030, according to WindEurope
Romania rejects Brussels advice, sets 2030 renewables target at 38.3%
18 September 2024 - The country didn’t accept the European Commission's recommendation to raise the target share of renewables in energy consumption to 41%
Investors plan 17,500 MW of new renewable energy capacity by 2033 in Bulgaria – TSO
20 August 2024 - The majority, 85% of 17,500 MW of renewable energy projects, are for solar power plants, the country's TSO ESO said
Wind, solar outpace fossil fuels for first time in EU electricity mix
30 July 2024 - Wind and solar have reached a combined share of 30% of electricity generation in the EU in the first six months of 2024, according to Ember
Global energy emissions, fossil fuel use hit all-time highs in 2023
20 June 2024 - Global emissions from energy increased 2% year on year in 2023, exceeding 40 gigatons of CO2 for the first time ever
Alcazar secures USD 50 million from US DFC for investments in Western Balkans, other markets
26 April 2024 - The US International Development Finance Corporation said it has finalized a landmark USD 50 million equity investment in Alcazar
Cannibalization in SEE to make solar power prices 40% to 50% lower than wind, wholesale prices
09 April 2024 - The trends for wholesale baseload prices and renewables capture prices for 2025-2060 are similar, according to Aurora Energy Research
European PPA market enters its golden era in 2023
30 January 2024 - Europe’s PPA universe entered its golden era in 2023, Pexapark said in its European PPA Market Outlook 2024
NGOs: Lack of political will, intricate procedures hinder renewables in North Macedonia, Serbia
23 January 2024 - By analyzing the political, economic and regulatory frameworks, the study offers an overview of the challenges and opportunities in the two countries
Renewables 2023 report: solar, China drive record renewable capacity additions
11 January 2024 - Solar power accounted for three quarters of renewables capacity additions, of which PV in China alone topped the entire 2022 global figure