Veolia received a green light from Bulgaria’s capital city to install two hydropower generators within the city’s major water supply lines. The system is envisaged to generate 12 GWh of electricity per year. Mostly owned by local authorities and unde...
The Government of Slovenia has awarded a concession for geothermal exploration in the municipality of Lendava to Verde Energy. Slovenia doesn’t yet use geothermal energy for electricity production. It is the first concession awarded for geothermal en...
The Romanian Government has drafted a state aid mechanism for the production and transport of geothermal energy for district heating or cooling systems. The proposed scheme would be worth EUR 300 million, sourced from the European Union’s Modernisati...
Margün Energy intends to search for lithium in geothermal waters in Seferihisar in western Turkey, where it took over a 12 MW geothermal power plant. It also launched a project to add a photovoltaic unit of 5.4 MW to the existing facility and create...
Slovenia is very close to equipping all electricity consumers with smart meters, while Croatia is within reach of achieving it in the non-home segment, but far behind in the household category, according to the latest data from the EU Agency for the...
Greece’s distribution system operator HEDNO added more than 20,000 prosumers in the past year and a half, although the new net billing program faces delays. Last year the government in Athens formally ended the net metering scheme and enacted net bil...
The Government of Serbia is interested in taking over the Plandište wind farm project from oil and gas company Naftna Industrija Srbije and renewable energy firm MET Renewables. They have been jointly developing the project for over ten years. The Pl...
The Government of Montenegro adopted urban planning and technical conditions for a solar power plant of 81.1 MW in peak capacity in Pljevlja. The site for the facility is part of a coal mining complex. Greece is the most successful by far in the Balk...
RP Global has secured a EUR 12.2 million loan to build its Novalja solar power plant in Croatia. In late April, Austrian company RP Global began the construction of the Novalja photovoltaic plant at the Zaglava site on the island of Pag. The European...
Faria Renewables has signed a loan agreement with Attica Bank for the construction of a battery energy storage system (BESS). The project is worth EUR 28 million. In addition, Cero Generation passed a milestone toward a 250 MW battery storage investm...
The European Union is set to install less new solar capacity in 2025 than it did last year – the first annual drop in a decade, according to SolarPower Europe. In its mid-year analysis of the photovoltaic market in the EU, SolarPower Europe said new...
Author: Ivan Gazdić, Attorney at Law and Partner at Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz For many years, Belgrade has struggled with long-standing urban, infrastructural and environmental challenges that have impede...
The Government of North Macedonia and Kazancı Holding have signed a memorandum of understanding that paves the way for a EUR 1 billion investment in the country’s energy sector. The memorandum of understanding was signed by Prime Minister Hristijan M...
Amid a battery investment frenzy in Romania, Nova Power & Gas is about to build a battery energy storage system that would double the current total capacity in the country. In addition, the company is beginning the construction of a 150 MW gas po...
The fossil fuel age is crumbling, according to UN Secretary-General António Guterres. Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report. In 2024, onshore wind farms...