During the week of June 16, electricity demand increased in most major European electricity markets compared to the previous week. Spain saw the largest rise at 7.8%, marking its fifth consecutive week of growth. France and Belgium followed with increases of 5.2% and 4.8%, respectively. Despite the Corpus Christi holiday on June 19, Portugal’s demand […]
Europe: Electricity demand rises across most markets in mid-June Read More »
In the week of June 16, solar photovoltaic energy production rose in most major European electricity markets compared to the previous week. The French, German, and Spanish markets continued their upward trends, with France experiencing the largest increase of 28%, followed by Germany at 12%, and Spain at 11%. The Portuguese market reversed its previous
Europe: Solar power hits records in mid-June; wind energy shows mixed trends Read More »
OMV Petrom and Enery have entered into a strategic partnership to develop a major solar power project near Byala Slatina, close to Sofia, Bulgaria. Under the agreement, OMV Petrom will acquire a 50 percent stake in Dunav Solar Plant—the company managing the Gabare solar project—from Enery Element. The planned Gabare solar facility will have an
Bulgaria: OMV Petrom and Enery partner on 400 MW Gabare solar project Read More »
Romania is moving forward with its clean energy goals by supporting two new solar power projects through the Modernization Fund. The first project, developed by Brasov Renewables, involves the construction of a 30.8 MW solar power plant, which will also include a 6.2 MWh battery storage system. The total investment exceeds 28 million euros, with
Romania supports two new solar projects with Modernization Fund backing Read More »
Hungarian homeowners have received over 112 million euros in grants as part of a government-backed initiative aimed at encouraging the adoption of rooftop solar panels and battery storage systems, according to the Ministry of Energy. The program has supported more than 21,000 households, with total approved funding reaching approximately 224 million euros. So far, completed
Hungary: Over 21,000 households benefit from solar and battery grant program Read More »
Bosnia and Herzegovina’s state-owned power utility, Elektroprivreda BiH (EPBiH), is advancing the development of the Kovanici hydropower plant, a project valued at approximately 45 million euros. As part of the next steps, the company has issued a tender for a study on property expropriation and real estate valuation within the planned construction zone. The tender
The Federation of Bosnia and Herzegovina (FBiH) has launched a new grant program to support households in installing rooftop solar systems. The initiative is expected to benefit approximately 500 homes annually and generate around 4.2 GWh of renewable electricity each year. According to the Operator for Renewable Energy Sources and Efficient Cogeneration (OIEiEK), the average
Solar power has become the most affordable and fastest-growing low-carbon technology across Europe, yet its uptake in Slovenia remains slow. This concern was highlighted by environmental organizations Umanotera, Greenpeace Slovenia, Focus, and the Slovenian Photovoltaic Association on European Solar Energy Day. According to their analysis, Slovenia has the potential to generate more than a third
Solar power’s untapped potential in Slovenia: Challenges and opportunities for growth Read More »
Slovenian energy company Petrol has announced a series of immediate measures in response to the government’s recent fuel price controls. CEO Saša Berger revealed that the company will suspend all development investments within Slovenia, freeze sponsorships and donations, and prepare to renegotiate contracts with suppliers. Additionally, Petrol plans to close several unprofitable petrol stations. Berger
Serbian oil company NIS has submitted a new request to the US Department of the Treasury for a special license to extend the postponement of full sanctions enforcement. This extension would allow NIS to continue its regular operations beyond June 27, when its current temporary license—granted on April 25—is set to expire. In March, NIS
