Carbon capture and storage projects worth as much as EUR 3.6 billion are under development in Greece. Energean’s subsidiary EnEarth has launched a tender for drilling two wells for the Prinos site under the Aegean Sea, while DESFA won a EUR 169 milli...
One of the biggest photovoltaic plants in Romania is due to begin commercial operation by the end of the year. China Huadian Corp., which bought 49%, is reportedly acquiring the entire 134 MW facility. Project firm Grup Blauer București has completed...
The United States Department of the Treasury said it wouldn’t allow Gunvor to “operate and profit,” calling it “the Kremlin’s puppet.” The energy trader responded that the statement is “fundamentally misinformed and false,” but it withdrew its propos...
Over the past four years, North Macedonia has achieved strong growth in renewable energy sources. A total of 1,200 MW of capacity has been connected to the grid, marking a new phase of the country’s energy transition, according to Marko Bislimoski, P...
The Greek government presented a plan to maintain water supply as drought has reduced reserves to worrying levels in certain areas. The Ministry of Environment and Energy outlined short-term and long-term measures, with a focus on Attica, the peninsu...
Global wind power installations have risen by 64% in the first half of 2025 from the same period of last year, according to the latest report from the World Wind Energy Association. It expects 2025 to be a record year for new wind farms. A total of 7...
A new agreement between the UAE and Montenegro will facilitate connecting the energy sector with financial technologies and artificial intelligence. The two countries are also considering to deploy solar, wind, hydropower, green hydrogen and battery...
The European Union Agency for the Cooperation of Energy Regulators (ACER) is warning of signs of manipulation in Greece’s day-ahead electricity market (DAM) registered during the summer of 2024. The region of Southeastern Europe experienced several m...
Serbia’s power utility Elektroprivreda Srbije (EPS) signed a contract for the modernization of its Vlasina hydropower plants with Energotehnika – Južna Bačka. The contract for the reconstruction and modernization of the Vlasina (Vlasinske) hydropower...
OMV and Masdar are setting up a joint venture for the development and operation of the fifth-largest electrolyzer plant in Europe. The facility is already under construction in Austria. The UAE-based company would be a minority shareholder, with 49%....
A carbon capture and storage (CCS) project developed by cement maker Holcim Romania has been awarded financing under the European Union’s Innovation Fund. The European Commission has selected 61 cutting-edge net-zero technology projects across the EU...
Power utility Elektroprivreda Srbije has developed its Decarbonization Action Plan, said Executive Director for Investments and Development Aleksandar Jakovljević. The Decarbonization Action Plan of Elektroprivreda Srbije (EPS) involves the gradual r...
Companies and, eventually, households will be able to participate in the Romanian flexibility services market, getting compensated for cutting their electricity use at a time scheduled one day earlier. The aim is to prevent power outages during peak...
Hybrid power purchase agreements from co-located projects, battery offtake agreements, and stand-alone PPAs are beginning to dominate the renewable energy market, according to Luca Pedretti, Co-Founder & COO of Pexapark. The power purchase agreem...
Greece approved the request of a firm developing a project for a giant solar park with a green hydrogen plant to double the electrolyzer capacity. The site is in the vicinity of the village of Mantasia in the Phthiotis regional unit. The Ministry of...