electricity

Europe: Solar power hits records in mid-June; wind energy shows mixed trends

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 […]

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Bulgaria: OMV Petrom and Enery partner on 400 MW Gabare solar project

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

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Romania supports two new solar projects with Modernization Fund backing

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

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Hungary: Over 21,000 households benefit from solar and battery grant program

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

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Bosnia and Herzegovina: EPBiH advances Kovanici hydropower plant project with new land study tender

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

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Bosnia and Herzegovina: FBiH launches grant program to support rooftop solar for households

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

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Solar power’s untapped potential in Slovenia: Challenges and opportunities for growth

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

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Montenegro: Construction progresses on Gvozd wind farm, a major step in renewable energy transition

Concrete pouring has begun for the first of eight foundations that will support the wind turbines of the Gvozd wind farm, located near Nikšić. This ambitious project, with an estimated value of around 82 million euros, stands among the most significant energy developments currently underway in Montenegro. The state-owned power utility EPCG is the investor

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Hungary: MOL advances renewable energy expansion with new solar and battery project in Algyo

Hungarian oil and gas company MOL is advancing the development of a major renewable energy project in Algyo, located in southern Hungary. The initiative involves the construction of a solar power plant with a capacity of 37.4 megawatts, paired with a battery storage system capable of storing 40 megawatt-hours of energy. The project is receiving

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Bulgaria: Maritsa East complex to supply nearly half of household electricity, says Energy Minister

During a visit to the coal-fired thermal power plant Maritsa East 2, Bulgarian Energy Minister Zhecho Stankov underscored the critical role of the Maritsa East mining complex in ensuring the country’s energy supply. He announced that the complex is expected to provide nearly half of the electricity required for household consumption in Bulgaria, underlining its

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