August 1, 2025
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Construction of Ingka Investments 300 MW solar park in Romania well underway

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, which would make it the largest in the country.

The biggest IKEA stores operator is proceeding with a major renewable energy investment plan. Following last year’s regulatory approval in Romania, it is building one of Europe’s largest solar power plants.

The construction of a system of 300 MW in peak capacity is “well underway,” according to Ingka Investments. It is part of Ingka Holding, based in the Netherlands. The site is in Butimanu in Romania’s Dâmbovița county.

Ingka Investments bought the project in 2023. At the time, it said it was ready for construction, in two phases, and valued it at more than EUR 200 million. The Romanian Energy Regulatory Authority (ANRE) issued the permit for 247 MW in peak capacity and a 223 MW grid connection.

The company developed its first solar power project, set to become the biggest in Romania, through its special purpose vehicle Butimanu Energy. The facility just north of Bucharest, in the Muntenia region, would generate electricity equivalent to the needs of almost 170,000 households in the country, Ingka Investments said.

It complements Ingka’s nine wind farms in Romania. They consist of 64 turbines, totaling 171 MW.

Of note, IKEA supplies electricity to end consumers, including in Romania. Ingka Group has 594 wind turbines in 29 solar parks in 19 countries. Including PV plants, it generates 5 TWh per year.

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July 31, 2025
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Price of residential battery storage in Europe drops over 50% in two years

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 first half of 2023 and the first half of this year.

The European residential battery storage market has remained resilient in 2025, with notable growth across mid-sized and emerging markets, according to EUPD Research’s latest Electrical Energy Storage (EES) Report. It tracked systems of up to 20 kWh.

While mature markets such as Germany and Italy began the year with more subdued figures, the overall market trajectory points to continued expansion, with over one million new residential storage systems expected to be installed across Europe this year. Although the phaseout of subsidies and adjustments to support schemes led to a weaker start in top markets, the outlook for the second half is more optimistic, the firm said.

Home batteries are overwhelmingly intended for storing electricity from household photovoltaic systems, usually installed on roofs, balconies or on canopies next to houses.

Dynamic electricity tariffs, self-consumption fueling residential battery storage push

Increasing interest in dynamic electricity tariffs and enhanced self-consumption is expected to stimulate demand for residential market storage. Mature markets are stabilizing, while policy-driven and emerging markets are gaining traction, the update showed.

The sector continues to benefit from falling battery prices. A significant drop in lithium prices, combined with intensified competition due to the influx of new market players in the past two years, has accelerated price erosion and reduced overall system costs.

The data provider’s price index more than halved between the first half of 2023 and the first half of this year. The current average selling price of residential battery storage, in the second half of 2025, came in at EUR 711 per kWh. It is 46.6% lower than in the first half of 2023.

The segment of newly installed residential battery storage in Germany is in a moderate decline

Despite a moderate decline in residential battery installations during the first half of 2025, Germany remains the strongest market in Europe, with demand expected to stay resilient throughout the year. The projected 6% year-on-year decline is mainly due to slower deployment of photovoltaics, reduced regional incentives, and a growing shift in focus toward commercial and industrial (C&I) and utility-scale storage.

Alongside Italy, Germany is estimated to account for the lion’s share of new residential storage capacity additions through 2028, despite Italy’s current slowdown amid the gradual weakening of the Superbonus scheme.

This year’s residential battery storage additions in Europe’s largest economy are seen at 4.7 GWh, compared to a projected 6.04 GW in home PV installations of up to 20 kW. Italy accounts for an expected 1.24 GWh and 1.44 GW, respectively.

Steady, robust growth in several markets

Markets such as Austria, France, the Netherlands, and the Czech Republic are demonstrating steady and robust growth, driven by rising electricity costs since 2023, increasing PV adoption, stable policy support, and increased awareness of the benefits of energy independence.

Sweden, bolstered by tax rebates and a national push toward energy self-sufficiency, has seen a record number of PV systems being installed with residential storage.

As for equipment providers, BYD maintained its top position in 2024, capturing a 20% market share, which is expected to reach 21% this year.

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July 31, 2025
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Production starts at new 38.4 MW wind farm northeast of Bucharest

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 a 49.5 MW solar park in Prahova county.

Several other wind parks are also under construction amid a revival in investments in Romania. Rezolv recently secured financing for phase 2 of its Vifor wind power plant, set to become one of the largest in Europe.

Romania has been enjoying a solar power boom for the past three years, and the pace of the construction of battery energy storage facilities (BESS) is accelerating. On the wind energy front, the country’s capacity has barely held above 3 GW for a long time after the 3.24 GW peak in 2014, due to the failure of an incentives mechanism. But the investment momentum is strengthening – notably, Eximprod said it launched the operation of its 38.4 MW wind power plant in the Galați area.

The company actually installed the first wind turbine in Romania. In 2003, it put online the Vestas V 47 machine of 660 kW in Topolog in Tulcea County in the country’s east.

Eximprod Group (EPG) also provides equipment and services in the energy sector. The company’s contractor Lemacons poured concrete less than half a year ago for the foundation of the first wind turbine in the new Cudalbi 2 facility. It is located in Galați county in eastern Romania, in the Western Moldavia region.

Eximprod received support through National Recovery and Resilience Plan

Cudalbi 2 is the first wind park in the country with Enercon turbines in 12 years. The model is E-160 EP5 E2, of 5.5 MW. Eximprod has won state support for the project northeast of Bucharest via the National Recovery and Resilience Plan (NRRP or, in Romanian, PNRR). The funds are approved under the European Union’s Recovery and Resilience Facility (RRF).

The company has also built the nearby Cudalbi 1 wind farm of 54 MW, consisting of nine turbines.

In addition, Eximprod is about to receive the commercial operating license from National Energy Regulatory Authority (ANRE) for its Solar System Project photovoltaic plant. It completed the facility with 49.5 MW in connection capacity in April. According to its documentation, the facility has 65 MW in peak capacity. It consists of five units with grid connections of 9.9 MW each.

The solar park is in Ciorani, Prahova county, north of the capital city. The endeavor was reportedly worth EUR 56.2 million including a grant of EUR 13.4 million from the NRRP. The company plans to add a BESS unit of 21 MW in operating power. The said final permit will allow the project firm to sell electricity.

Lenders indicate confidence in Romania’s wind power market with financing package for Vifor

In other recent news, Rezolv secured a EUR 331 million financing package for the 269 MW second phase of its Vifor wind farm in Buzău county. It includes EUR 44 million from the European Bank for Reconstruction and Development (EBRD).

Erste Group, UniCredit Group, International Finance Corp. (IFC), Intesa Sanpaolo Group, OTP Bank and Raiffeisenlandesbank Niederösterreich-Wien all participate in the arrangement.

The Vifor wind park would consist of 72 turbines of 6.4 MW each

The first part of Vifor is under construction and scheduled for commissioning in the spring. Rezolv plans to complete phase two in late 2027.  The wind park would be one of the biggest in Europe, at 461 MW. The company is installing 72 Vestas V162 turbines of 6.4 MW.

Rezolv won a contract-for-difference (CfD) at the country’s first renewable energy auctions for phase 2, for 240 MW. The government approved 1.1 GW for wind power. The qualifications phase is ongoing for the second round of auctions, for 2 GW for wind park projects and 1.47 GW for photovoltaics.

Several wind farms under construction

According to the International Renewable Energy Agency (IRENA), Romania had just under 3.1 GW in wind power capacity in operation at the end of 2024.

Eurowind Energy built the turbines earlier this year at its Pecineaga wind park. Greece-based Public Power Corp. (PPC) is supposed to connect its Deleni facility to the grid before the end of the year.

OX2 is building the Green Breeze wind farm as the turnkey contractor for the investor, Nala Renewables.

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July 30, 2025
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Two small hydropower turbines to be integrated into Sofia water supply lines

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 underfunded, water and sewerage utilities in Southeastern Europe are struggling to provide enough drinking water and even to remain financially stable. They are under pressure from the effects of global warming and volatile electricity costs. After a water supply firm in Bansko in southwestern Bulgaria installed a miniature in-pipe hydropower generator, the solution sparked interest throughout the country.

Sofiyska voda, Veolia’s subsidiary that produces drinking water and manages wastewater for the capital city, is about to deploy the technology. In-pipe hydropower systems could play a part in decarbonization and energy efficiency as they are simple and don’t harm the environment. Such devices utilize the flowing water’s kinetic and potential energy and excess pressure – otherwise it would be released in the form of heat through a valve and wasted.

Making Sofia sustainable, energy-efficient, modern European city

Sofia Mayor Vasil Terziev and Country Director of Veolia for Bulgaria, Greece and Albania Francois Debergh signed a memorandum of cooperation for the construction of two small hydropower plants along the city’s trunk water mains.

Earlier, the Sofia Municipal Council approved the findings of a joint working group that explored the possibilities for the investment.

“Our goal is to work consistently for making Sofia a sustainable, energy-efficient and modern European city. One of the key priorities in our vision for development is the use of renewable energy sources. Therefore, among the important fields in which we are working is the construction of small hydropower plants that will allow our city to generate clean electricity locally – with care for nature,” said Mayor Vasil Terziev.

Sofia has been planning in-pipe hydroelectric systems for more than two decades

Such facilities will help reduce the carbon footprint of the capital city and improve the management of water resources, according to the company and the Sofia Municipality, also known as Stolichna (capital) Municipality. They added that renewable energy investments are contributing to the city’s efforts toward energy independence and climate neutrality.

“The project is an example of how the existing infrastructure can be best utilized for clean energy production. After commissioning, the plants will produce approximately 12 GWh of renewable energy per year, which will account for additional annual savings of over 8,000 tonnes of CO2 emissions. The memorandum is fully aligned with Sofia’s commitments to climate neutrality and Veolia’s participation in the NetZeroCities initiative,” Debergh stated.

Sofiyska voda utility striving for energy independence

Sofiyska voda’s wastewater treatment plant in Kubratovo has been energy independent since 2015. It produces biogas from the sludge separated in the process. The parent company stressed that a pending solar power project would make Sofiyska voda the first energy-neutral water supply and sewerage operator in the region, among only a few on the global scale.

The local authority in Sofia recalled there was an idea already in 2003 for eight hydropower facilities on the water supply lines.

Another alternative hydroelectric project was recently unveiled in northwestern Bulgaria. With the ambition to build several hydroelectric plants on pontoons on the Danube river, a local company intends to install a 20 kW pilot facility in Vidin.

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July 30, 2025
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Turkish renewables firm to drill for geothermal lithium

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 a hybrid power plant.

Turkey, the fourth in the world in geothermal power capacity, also has significant potential for lithium extraction. The production of the mineral used in batteries can increase the cost-effectiveness of geothermal energy projects. Margün Energy, listed at the Istanbul Stock Exchange since 2021, said it would conduct exploration works on 3,125 hectares in Izmir province.

The company recently bought a geothermal power plant in the area for USD 16 million from RSC Elektrik. The 12 MW facility is in Kavakdere in Seferihisar district. Margün Energy denied speculation that it would mine lithium.

If it finds a valuable amount of the mineral in geothermal water, it will build an extraction plant, according to the update. Margün Energy issued the statement after local residents expressed concern over potential environmental damage from lithium mining.

“We have not obtained any mining permits. Furthermore, Margün Energy is not a mining company… Mining lithium, which is used in battery production, and extracting lithium from geothermal fluid by separating it are very different things,” the announcement reads.

Margün Energy to look for precious metals as well

The company said it would continue its investments in geothermal energy such as electricity production and greenhouse farming, arguing it would create jobs for locals. It suggested it could extract carbon dioxide for commercial use as well.

Margün Energy added it would explore the presence of precious metals in geothermal fluids.

Planned PV unit to generate 10 GWh per year

In addition, it submitted a proposal to the country’s Energy Market Regulatory Authority (EMRA or EPDK) for the installation of a photovoltaic unit with 5.4 MW in peak capacity. It would be added to the existing facility, creating a hybrid power plant. The solar power system would generate 10 GWh per year and increase revenue by USD 1.05 million, the company estimated.

The PV plant would lift Margün Energy’s total capacity to 135.4 MW. The company mostly operates solar power plants and works as a contractor for engineering, procurement and construction (EPC) and operations and maintenance.

Notably, it owns the largest stake in Enda Energy Holding. The affiliate operates four hydropower plants, five wind power plants, one geothermal power plant and three solar power plants of 200 MW altogether.

Margün Energy rallied 109% since the beginning of the year.

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July 30, 2025
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Project underway for 81 MW solar park on coal mine in Montenegro

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 Balkans in transforming coal land into clean energy and advanced technology hubs. The projects in the region are mostly for solar power plants. Neighboring North Macedonia is next when it comes to implementation, while Romania and Bulgaria as well as Serbia and Slovenia have made their first steps. Bosnia and Herzegovina and Kosovo* are still in the planning phase, and now Montenegro is joining them with a photovoltaic project.

The government in Podgorica adopted the urban planning and technical conditions for a solar power plant of 81.1 MW in peak capacity in Pljevlja. The facility in the country’s north called Rudnik uglja would be in the Ilino Brdo I cadastral unit, on the site of the Potrlica open cast coal mine.

According to a study submitted with the application, the connection capacity would be 62.5 MW. The coal mine’s operator and PV project developer, Rudnik uglja Pljevlja, said the location spans 62.6 hectares.

The government plans to close the Pljevlja coal plant in 2041

The firm is a subsidiary of state-owned power utility Elektroprivreda Crne Gore (EPCG), which runs the Pljevlja power plant in the same complex. It is the only coal-fired facility in Montenegro. The government plans to close the thermal power plant, currently under reconstruction, in 2041.

Rudnik uglja Pljevlja presented a just transition plan in March. It aims to establish 12 businesses to transform the region and spin them off. They include construction, transportation and the installation of a small hydropower plant called Durutovići and a photovoltaic facility.

The previous government initiated the development of a plan two years ago for an industrial complex in Pljevlja. There are several separate renewable energy projects in the area as well.

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* This designation is without prejudice to positions onstatus and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
July 25, 2025
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Faria Renewables secures financing for 49.9 MW battery project in Greece

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 investment.

A BESS project selected last year in Greece’s second battery storage auction is now a step closer to materialization, Faria Renewables revealed. The company signed a loan deal with Attica Bank for the construction of the system. It would have 49.9 MW in capability and a capacity of 134.2 MWh.

The investment is worth EUR 28 million, the company added. Its first BESS unit, for which it earlier signed a contract with Huawei, would be connected to a 150/20 kV substation, currently under construction. Construction is expected to be completed before the end of September, the update adds.

BESS project benefitting from EU funds

The project is being implemented under the National Recovery and Resilience Plan Greece 2.0, with funding from the European Union – the NextGenerationEU and its Recovery and Resilience Facility (RRF) segment.

“Our collaboration with Attica Bank for the implementation of this significant energy storage project marks another crucial step in delivering sustainable energy solutions that support the country’s energy transition goals. We share a common vision to contribute to a greener society by designing and carrying out energy solutions that combine expertise, sustainability, and innovation,” Faria Renewables’ Chair and Chief Executive Officer Thalia Valkouma stated.

The renewables and energy storage developer has a portfolio in Greece exceeding 3 GW. It said it is exploring opportunities in new markets in Europe.

One of largest energy storage investments in Greece

According to Attica Bank’s Chief of Asset and Specialized Financing Christos Iliopoulos, the new agreement is for one of the largest investments in the energy storage sector in Greece.

“Attica Bank remains strategically committed to supporting the green transition and energy security of the country by financing projects that enhance the transformation and resilience of the energy system. Our partnership with Faria Renewables for the construction of a storage project is fully aligned with this philosophy,” he said.

The investment will help the integration of renewable sources into the national grid and enhance system flexibility, the announcement reads.

Greece has held a series of three auctions for subsidizing standalone BESS to get the market segment rolling, on the path toward its 2030 target of 4.7 GW.

Cero Generation makes progress toward 250 MW battery storage investment

In other news, Cero Generation Holdings, a subsidiary of Macquarie Asset Management, won an approval from Greece’s Ministry of the Environment and Energy for five BESS stations. Each would have 50 MW in operating power and 153 MWh in effective capacity (or 170 MWh nominally).

Project firms Energy Ventures 6 and Energy Ventures 10, in which Cero Generation holds 85%, received environmental terms (AEPO) for the proposed investment in Pelinnaioi, in the municipality of Farkadona in Trikala, Thessaly.

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July 24, 2025
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IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives

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 were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic systems were 41% cheaper.

Onshore wind power was also the cheapest in levelized cost of electricity (LCOE) terms, followed by solar power. At the same time, 91% of newly commissioned utility-scale capacity was delivering power at a cost lower than for the cheapest electricity from new fossil fuel–fired units.

The Renewable Power Generation Costs in 2024 report confirmed the price advantage of renewables over fossil fuels, with cost declines driven by technological innovation, competitive supply chains and economies of scale, the International Renewable Energy Agency said. IRENA expects cost reductions to continue, but highlighted the short-term challenges.

Geopolitical shifts including trade tariffs, raw material bottlenecks, and evolving manufacturing dynamics, particularly in China, could temporarily raise costs.

Asia, Africa and South America, with stronger learning rates and high renewable potential, could see pronounced cost declines.

Higher costs are likely to persist in Europe and North America, driven by structural challenges such as permitting delays, limited grid capacity, and higher balance-of-system expenses, according to the update. In contrast, regions like Asia, Africa and South America, with stronger learning rates and high renewable potential, could see pronounced cost declines.

The organization pointed to the need for stable and predictable revenue frameworks to lower investment risk and attract capital.

“Clean energy is smart economics – and the world is following the money,” United Nations Secretary-General António Guterres stressed. In his view, the fossil fuel age is crumbling.

Capital costs inflating LCOE in developing countries

Mitigating financing risk is central to scaling renewables in both mature and emerging markets. Instruments such as power purchase agreements (PPAs) play a pivotal role in accessing affordable finance, while inconsistent policy environments and opaque procurement processes undermine investor confidence, IRENA added.

In many developing countries of the Global South, high capital costs, influenced by macroeconomic conditions and perceived investment risks, significantly inflate the levelized cost of electricity (LCOE) of renewables.

Onshore wind power production cheapest by far of all kinds of electricity

In 2024, onshore wind farms were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic facilities were 41% cheaper. Of note, the cost of battery energy storage systems (BESS) declined by 93% from 2010 to 2024, to USD 192 per kWh.

Onshore wind remained the most affordable source of new renewable electricity, with a global weighted average LCOE at USD 0.034 per kWh (USD 34 per MWh), followed by new solar, at USD 0.043 per kWh, and new hydropower plants, USD 0.057 per kWh.

Again per the levelized cost of electricity, 91% of newly commissioned utility-scale renewables capacity was delivering power at a lower cost than the most affordable new fossil fuel–based units.

That said, LCOE increased slightly for solar power, by 0.6%. Onshore wind power was 3% more expensive than in 2023, compared to 4% for offshore wind and 13% for the bioenergy segment. Meanwhile, costs declined for concentrated solar power (CSP), by 46%, followed by electricity from geothermal units, 16%, and hydropower, which slipped 2%.

Solar and wind energy prices have begun to stabilize, which is a natural sign of market maturity, the authors underscored.

Photo: Renewable energy LCOE 2010-2024, in United States dollars per kilowatt-hour (IRENA)

Clear path to affordable, secure, sustainable energy

The addition of 582 GW of renewables capacity in 2024 led to significant cost savings, avoiding fossil fuel use valued at about USD 57 billion, new data shows. Looking at all renewables in operation, the avoided fossil fuel costs in 2024 reached up to USD 467 billion, IRENA’s Director-General Francesco La Camera stated.

New renewable power outcompetes fossil fuels on cost, offering a clear path to affordable, secure and sustainable energy, he pointed out.

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July 24, 2025
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China-based Astronergy to build solar cell factory in western Turkey

Astronergy allocated USD 700 million for its second solar module factory in Turkey. It aims to start manufacturing photovoltaic wafers and cells in Balıkesir in the first phase. The company is part of Chint Group, headquartered in China.

Turkey’s industrial base for renewable energy equipment is expanding. The solar and wind power segment is serving the participants in government auctions, which have high domestic content requirements, and benefiting from manufacturing incentives. China-based firm Astronergy, which already operates a solar panel factory in Adana of 1 GW in annual capacity, decided to build another facility in western Turkey.

The investment in Balıkesir will be worth USD 700 million, the company’s Chairman in Turkey Ercüment Kaya told Anadolu Agency. Astronergy, part of Chint Group, aims to start building the factory by the end of the year.

In the first phase, the facility would manufacture solar wafers and cells and reach 3 GW per year. By 2028, when it is set to be fully operational, it would have 5 GW in capacity and produce photovoltaic modules as well, the official revealed.

The solar panel manufacturer is planning to export 80% of the devices that it manufactures in the second factory

The company would employ its TOPCon 4.0 cell technology. Astronergy counts on the government’s HIT-30 program for high technology, the report adds. Kaya said the manufacturer bought land in Balıkesir’s industrial zone and that it intends to export 80% of the devices, mostly to the American market and Southern Europe.

Early this year, 75 solar panel manufacturers operated in Turkey. Put together, their annual capacity was 44.5 GW. Three were making solar cells and their overall capacity was 6.1 GW per year.

The country is also strong in other technologies, like for geothermal power plants.

The government recently declared a 2035 target for solar and wind of 120 GW in total. Turkey hosts some 23 GW in photovoltaic capacity.

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July 23, 2025
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Rolls-Royce SMR to start works with ČEZ on small modular reactors

Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement. It paves the way for site-specific work on their small modular reactor project at the Temelín nuclear power plant.

British Prime Minister Sir Keir Starmer and Czech Prime Minister Petr Fiala have signed a deal to work together to seize SMR export opportunities, support highly skilled jobs, boost economic growth and deliver clean, homegrown energy in both countries. It was followed by an early works agreement between Rolls-Royce SMR and ČEZ as a step forward in their strategic partnership for up to 3 GW of low-carbon energy in the Czech Republic.

ČEZ has acquired 20% of Rolls-Royce SMR

The two companies said that now they can launch site-specific work on their small modular reactor project at the Temelín nuclear power plant. Last year ČEZ selected Rolls-Royce SMR as its preferred SMR technology partner and agreed to purchase 20% of the company based in the United Kingdom. After that, they declared the transaction complete in early March.

“We are proud to be working alongside ČEZ to deliver a programme that will bring significant industrial and economic benefits to both our nations, while helping to meet critical energy security and decarbonisation goals,” Chief Executive Officer of Rolls-Royce SMR Chris Cholerton said.

Czech Republic’s first SMR to be deployed in mid-2030s

ČEZ will closely cooperate with Rolls-Royce SMR on preparing the construction of the country’s first small modular reactor, expected to be built at the site of the Temelín nuclear power plant in the mid-2030s, according to the Czech utility’s board member Tomáš Pleskač, who is at the helm of its New Energy Division.

Modular reactors represent a significant opportunity for the country’s economy and are an essential part of the ongoing energy transformation, he added and stressed that the cooperation offers a unique opportunity for growth and prosperity in the field of nuclear energy.

Additional opportunities at ČEZ’s Tušimice nuclear plant

The activities would initially be focused on the site of ČEZ’s Temelín nuclear plant in the South Bohemian region, the update reveals. The companies pointed to additional deployment opportunities at the location of ČEZ’s Tušimice nuclear plant, in the Ústí nad Labem region.

The early works would include regulatory approvals and licensing and environmental assessments. Rolls-Royce SMR is designing units of 470 MW, set to operate for 60 years.

Temelín is near the city of České Budějovice. It is the largest power station in Czechia, housing two VVER 1000 reactors.

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