Greenvolt Group said its majority owner KKR fully subscribed to a EUR 150 million share capital increase. The transaction will especially support investments in battery storage. In two tranches, KKR will increase the capital of its subsidiary Greenvo...
In the first half of 2025, wholesale electricity prices in the European Union were about 30% higher than in same period of 2024, while a 40% increase was recorded in the United States. The penetration of negative prices in the EU continues, with thei...
The Association for Production, Storage and Trading of Electricity (APSTE) warned that the government’s disproportionately high fees for photovoltaic panels and energy storage batteries are preventing the possibility of having permanently low electri...
Wind power technology is often criticized because birds collide with turbine blades. As the number of wind farms in Southeast Europe grows, bird protection is increasingly important. A solution exists. Croatian environmental consultancy Oikon has bec...
Serbia now has a Just Energy Transition Plan until 2030. The document contains suggested measures for the mitigation of the impact of reducing fossil fuel use, primarily coal, so that workers, firms and communities aren’t left behind. Following last...
Bosnia and Herzegovina’s electricity imports were nearly 4.5 times higher in the first half of the year than in the same period of 2024. The step rise in power imports is another evidence of the difficult situation in the country’s utilities – Elektr...
Principia agreed to acquire all four EDPR’s wind power plants in Greece. The joint venture of Enel and Macquarie Asset Management’s funds is nearing 800 MW in renewable energy and battery storage capacity in the country. Principia, owned equally by I...
Ingka Investments, the investment division of the Sweden-based Ingka Holding, the largest IKEA franchisee company, said the construction of its first solar power plant in Romania is well underway. The Butimanu project is for 300 MW in peak capacity,...
INVL Renewable Energy Fund I has secured a EUR 29.3 million loan for the installation of solar power plants with a capacity of 71 MW in Romania. INVL Renewable Energy Fund I, managed by INVL Asset Management, invests in renewable energy projects. The...
Albania’s oil and gas industry has a long and complex history that dates back to the early twentieth century. During World War I, in September 1917, the Italian government became particularly interested in Albania’s natural riches, awardi...
The mature residential battery storage markets in Europe are stabilizing, while policy-driven and emerging markets are gaining traction, according to EUPD Research. Its new report showed prices of home batteries slumped more than 50% between the firs...
Just 152.2 MW of wind farms were installed in Greece in the first half of 2025, thus continuing the low trajectory of recent years. According to the Hellenic Wind Energy Association (HWEA or ELETAEN), total wind capacity in the country reached 5,507...
Eximprod, which installed the first wind turbine in Romania more than two decades ago, delivered the first megawatt-hours to the grid from its new wind farm in the country’s east. In addition, it is about to receive a commercial operating license for...
Power utility Elektroprivreda Crne Gore and Norwegian company NTE Energi AS have signed a memorandum of understanding confirming their mutual commitment to intensifying cooperation in the renewable energy sector in Montenegro. The memorandum of under...
China-based Sungrow and Bulgarian-German company Sunotec have agreed to install 2.4 GWh of battery energy storage systems (BESS) in Europe. Sunotec and Sungrow have signed a strategic agreement to deploy 2.4 GWh of battery energy storage systems (BES...