Albania: Local companies interested to build 101 MW solar projects Read More »
The Albanian Ministry of Energy received expressions of interest from local companies to develop four solar farms with a total capacity of 101 MW. The solar plants are not subject to a concession and do not benefit from support measures. Select Energy has expressed interest in the construction of a solar photovoltaic plant, with an installed […]
SEE region: Possible solutions for transmission network challenges Read More »
Serbia’s new rules for connecting solar parks and wind farms to the transmission system, operated by Elektromreža Srbije, are a test for both the state-owned company and investors, according to participants at Belgrade Energy Forum. At a panel discussing possible solutions to grid challenges, speakers said the goal is to ensure that the energy transition
Hungary: The average price on the HUPX day-ahead market reached 62 euros/MWh in April Read More »
The average price of electricity on the day-ahead market of the Hungarian energy exchange HUPX amounted to 61.96 euros/MWh in April, 5% lower compared to the previous month (65.08 euros/MWh). The average HUPX DAM peak price amounted to 51.18 euros/MWh, 20% lower compared to February. Traded volume on the day-ahead market reached 2.45 million MWh, which is 3%
The European Bank for Reconstruction and Development (EBRD) is lending 15 million euros to Photon Energy, a regional renewable energy producer, to support its activity in Romania and Poland. The EBRD’s investment will enable Photon to complete the construction of a portfolio of six solar parks in Romaniawith a total installed capacity of 29 MW. This, in
Hungary and Greece are global leaders in solar energy production Read More »
Hungary has the third-highest share of solar energy in electricity generation in the world, according to a recent annual report by the international think tank EMBER. Based on their data, Chile generated the largest share of electricity from solar power last year, with 19.9 percent, followed by Greece with 19 percent, and Hungary came in third
Greece: Two more bidders exit the tender for Ariadne interconnection Read More »
Greek construction and energy group GEK TERNA and Italian transmission system operator Terna, two of five qualifiers into the final round of a tender offering a 20 percent stake in Ariadne Interconnection, a Greek power grid operator IPTO subsidiary established for the development of a 1.1 billion-euro grid interconnection to link the power grids of
Romania: Rompetrol Rafinare restarted production at the Petromidia refinery Read More »
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the process of restarting the production facilities at the Petromidia Navodari refinery after the timely completion of the maintenance, recertification, and modernization of the units. The installations will enter the production flow in stages, reaching optimal capacity in the shortest possible time. Thus, the company has
Romania: Chinese companies exit solar tender after EU probe Read More »
Two Chinese solar panel manufacturers have withdrawn from a public procurement tender in Romania after the EU launched a foreign subsidy probe. The European Commission started an investigation in April into two consortiums suspected of receiving subsidies that Brussels feared would undercut rivals in Europe. After the Chinese-owned firms withdrew their bid, the commission said it would
Romania: Italian Fri-El develops 300 MW wind projects Read More »
Mitoc Partners, indirectly owned by Italian investors (75%) and Romanian lawyer Edward Dobre (25%), is developing a major wind generation project in Botosani County, composed of three wind farms with an installed capacity of 305 MW, Profit.ro reported. The project, which reached the stage of getting the environmental permit, is estimated to cost EUR 531 million. The
Ukraine plans record electricity imports after Russian attacks Read More »
Russian strikes have wreaked havoc on Ukraine’s power sector, prompting unprecedented imports. Ukraine will source power from Romania, Slovakia, Poland, Hungary, and Moldova. Ukraine plans to import record amounts of electricity from its neighboring countries after sustaining critical energy infrastructure damage from targeted Russian attacks, the country’s energy minister said on Monday. The Ukrainian Ministry of Energy
