During the week of May 5, electricity demand increased across major European markets. Spain saw the largest rise at 15%, followed by Italy with 12% and Portugal with 11%. Smaller increases were observed in Great Britain, Belgium, France, and Germany, ranging from 1.7% to 5.9%. This marks a reversal of the downward trend observed in […]
Europe: Electricity demand rises in early May, led by Spain and Italy Read More »
During the week of May 5, solar photovoltaic (PV) energy production rose significantly in the Iberian Peninsula and Germany. Portugal led the growth with a 62% increase, followed by Spain with a 26% rise. This growth was largely driven by a rebound in production following a blackout on Monday, April 28, that had impacted both
ENEVO Group has been appointed as the general contractor for the Helios Arad solar power plant, an ambitious renewable energy project with a planned installed capacity of 85 MW—making it the largest solar facility in the region. The project is financed by Unigea Solar Projects Romania, a subsidiary of the German-based Unigea Group. Under the
Romania: ENEVO Group to build largest solar power plant in Arad Region Read More »
Greece’s electricity transmission system operator, ADMIE, along with its project implementation arm Ariadne Interconnection, has reached a key milestone in the Crete-Attica electricity interconnection project. A final inspection at the Damasta converter station in Heraklion marks the beginning of the last phase of testing, ahead of the launch of the trial operation. The facility is
Greece: Crete-Attica electricity interconnection enters final testing phase Read More »
The Environmental Protection and Energy Efficiency Fund has announced a new public initiative to support the installation of solar power plants on family homes. Starting 6 June, eligible homeowners can apply for co-financing to help cover the costs of installing photovoltaic systems for personal electricity use. This initiative targets the installation of solar power systems
Greece: Public call for solar power plant installation in family homes opens 6 June Read More »
Roughly a year after announcing its pilot solar project in Croatia’s Slavonia region, Janom Investments has advanced to the ready-to-build phase for a 30 MW photovoltaic plant. This marks the company’s first investment in Croatia and represents a key milestone in its strategy for regional growth. Construction is set to begin in August 2025, with
Croatia: Janom Investments reaches ready-to-build stage for 30 MW solar power plant Read More »
Electricity providers in Greece have announced price hikes of up to 17% for May, even as wholesale electricity prices continue to decline. The average wholesale price fell by around 16% last month, dropping to €89 per megawatt-hour, yet retail rates—particularly on green tariffs—have risen significantly. Green tariffs, which are used by approximately 72.4% of households
Greece: Electricity prices rise for households despite wholesale market drop Read More »
State-owned power utility EPS has secured the purchase of electricity from the upcoming Alibunar 1 and 2 wind farms, which will have a combined capacity of 168 MW. This move is part of EPS’s ongoing commitment to invest in renewable energy projects, aiming to strengthen its production portfolio and market position while supporting renewable energy
In April 2025, the average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM stood at 86.44 euros/MWh, marking a 44.08% increase compared to the same month in 2024, but a 18.74% decrease from the previous month, when the average baseload price was 106.36 euros/MWh. The total traded volume for April
Romania: OPCOM reports decrease in traded volume and price fluctuations in April 2025 Read More »
In April 2025, a total of 982,941.6 MWh of electricity was traded on the Croatian energy exchange CROPEX, marking a 10.3% decrease compared to March. Of this volume, 732,302.5 MWh was traded on the day-ahead market, while 250,639.1 MWh was traded on the intraday market. The total traded volume in April 2025 was 3.2% lower
Croatia: CROPEX reports decrease in electricity trading volume and prices in April 2025 Read More »
