The share taken by photovoltaic plants in the electricity transmission network in Bulgaria increased by 115.01% between January 1 and May 19, 2024, compared to the same period last year, according to the latest data published on Tuesday by the system operator in Bulgaria on its website, BTA informs. According to the data, from the […]
Serbia: EPS to receive 100-million-euro Italian loan for decarbonisation projects Read More »
Italian development bank Cassa Depositi e Prestiti will provide a 100 million euro financing package to Serbian power utility Elektroprivreda Srbije to support the decarbonisation process, EPS said in a press release. The initiative aims to bolster renewable energy use, enhance energy sector security, and promote sustainability, supporting Serbia’s plans for renewable energy expansion and
Western Balkans: Alcazar receives 490 million USD to finance renewables Read More »
Luxembourg infrastructure fund Alcazar Energy Partners II has reached a final closing of US$490 million after successfully acquiring the project rights for its first two wind farms in the Western Balkans, totaling 456 MW. Since first closing in November 2022, the fund has attracted eight additional investors, including the US International Development Finance Corporation (DFC).
Serbia: EPS signed contracts with 750 MW RES power plants Read More »
Construction of the Bistrica pumped-storage power plant, a one-gigawatt solar power plant, as well as the Petka solar power plant and the Kostolac wind farm, are essential development projects of Elektroprivreda Srbije throughout its energy transition. These investments are accompanied by desulphurization projects in thermal power plants, which will have to be online until the generation goals have been met –
Romania: Alerion wins permits for 220 MW wind projects Read More »
Italian renewable energy producer Alerion Clean Power has received a permit to build two wind farms in Romania with an installed capacity of 220 MW. The two plants will be installed in the Dobrogea region, with capacities of 114 MW and 108 MW, respectively. They will be part of a larger complex of three wind farms with a
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
Croatia: HEP launched a call for the purchase of green electricity Read More »
Croatian energy utility HEP invites interested parties to express interest in establishing business cooperation in the field of purchasing electricity produced from renewable sources and high-efficiency cogeneration. HEP said that facilities with a capacity of 1 MW or more at a single metering point, which would supply all produced electricity to the network, will be exclusively taken into
Montenegro to reach carbon neutrality by 2050 Read More »
Montenegro’s goal is to reduce greenhouse gas emissions by 55% by 2030 at the latest, and that its long-term objective is to achieve carbon neutrality by 2050, Minister of Energy and Mining Saša Mujović said at Belgrade Energy Forum. He estimated that Montenegro is on track to get 200 MW of new renewable energy capacity through several projects.
Greek gas-fired power plants are planned to contribute a total of 5.4 TWh to the energy mix in 2030, down from 19 TWh in 2022, a 72 percent reduction that will be unavoidable as a result of the influx of more renewables, Aristotelis Aivaliotis, the energy ministry’s General Secretary of Energy and Natural Resources, has
