Paris-based TotalEnergies agreed to divest of 50% of its 424 MW wind and solar portfolio in Greece. The sale to investment management firm Asterion Industrial Partners, part of a global savings strategy, values the assets at EUR 508 million. Multinat...
Leitwind makes wind turbines from 250 kW to 3 MW, engineered to perform efficiently under the full range of wind conditions in Southeastern Europe, from the calm Aegean islands to the stronger continental winds of Serbia, Thrace, or the Danube basin....
Coal land of Romanian state-owned CE Oltenia is undergoing transformation with the beginning of construction of four photovoltaic plants. The projects, which the company is conducting with OMV Petrom, are for 550 MW in combined capacity. In a separat...
Power storage services are the core activity of Aktor’s new subsidiary Aktor BESS, but it could also build and operate renewable electricity and natural gas–fired plants and enter trade and distribution. The company earlier formed a business with DEP...
The annual construction plan for energy projects for 2025 envisages the installation of power plants with a capacity of 1,265 MW, according to Minister of Energy, Mining and Mineral Resources Sanja Božinovska. North Macedonia has introduced an annual...
Mubadala Investment Company, a sovereign wealth fund of Abu Dhabi, has committed EUR 300 million to a joint venture with Actis that operates Rezolv Energy. The investment firm from the United Arab Emirates also owns a third of Masdar, which launched...
Sweden-based OX2 installed the last turbine at Nala Renewables’ Green Breeze wind farm in Romania as the contractor for its former project. Earlier it launched the construction of the Ansthall Green Energy facility of 96 MW for HELLENiQ Energy, under...
State-owned power utility Elektrani na Severna Makedonija should make the most of the opportunities when prices on the power market are lower than its production costs, according to Marko Bislimoski, President of the Energy, Water Services and Munici...
After numerous failed attempts for half a century, Romania intends to revive the Tarnița-Lăpuștești pumped storage hydropower project in tandem with France’s EDF. State-owned Hidroelectrica published a proposal to its shareholder assembly to establis...
Around 150 companies in Serbia, potentially major polluters of water, air, and soil, have not obtained their integrated pollution prevention and control permits by December 31, 2024. It means they are violating the Law on Integrated Pollution Prevent...
Today, the construction industry is at the crossroads between tradition and transformation. Accounting for approximately 40% of the global energy consumption and for more than 35% of the overall CO₂ emissions, this sector has a huge potential, as wel...
Serbia is the first Energy Community contracting party to enter the verification phase of the market coupling procedure, the Energy Community Secretariat said after the annual meeting of the Ministerial Council in Vienna. At the Energy Community Mini...
Austria-based Enery intends to commission a four-hour battery storage system of 150 MW in central Bulgaria by the end of the first quarter of next year. The project relies on a virtual power purchase agreement (PPA) with Vitol. Enery said it has secu...
The European Commission has proposed a new Automotive Package that aims to give carmakers greater flexibility in meeting emissions reduction requirements. The new rules would lower the emissions cut target from 100% to 90%, allowing the sale of hybri...