A revised preliminary environmental impact assessment for the Dubovik solar power plant has been released for public review following an uncertain legal dispute over the concession award. The project is led by local companies GTI and SunnyFox, which secured the concession in November 2024. A lawsuit challenging the award was filed by a consortium including […]
The European Bank for Reconstruction and Development (EBRD) is considering providing a long-term senior loan to renewables developer GoldenPeaks Capital to support the addition of 250 MW of new solar capacity in Hungary. The proposed financing is being assessed under the EBRD InvestEU Framework for Sustainable Transition, with a final decision expected by 22 October.
Hungary: EBRD weighs loan for GoldenPeaks to add 250 MW of solar Read More »
The European Bank for Reconstruction and Development (EBRD) is considering providing up to 40 million euros in financing to support the development of three solar power plants in Romania with a combined planned capacity of 189.7 MW. The funding would go to local special purpose vehicles Solar World, RB Solar Energy, and Energie Soleil, which
Romania: EBRD weighs €40 million financing for 190 MW of new solar capacity Read More »
A wave of large solar projects is emerging around Niksic in western Montenegro, with several developers preparing to add significant capacity to the country’s renewable energy pipeline. Privately held S2P Tupan has submitted plans for a solar power plant of up to 90 MW and asked the Environmental Protection Agency to determine whether a full
Montenegro: Over 200 MW of solar projects planned around Niksic Read More »
E.ON has introduced a mobile series voltage regulator on Hungary’s medium-voltage grid to address growing voltage fluctuations linked to the rapid expansion of rooftop solar. The first unit, installed between Letenye and Nagykanizsa on a rural feeder near Rigyac, represents an investment of 800,000 euros. Solar generation often peaks during the day when household demand
Hungary: E.ON deploys mobile voltage regulator to support rooftop solar expansion Read More »
DRI, the European renewables division of Ukrainian DTEK, has secured non-recourse financing of up to 60 million euros from UniCredit and Garanti BBVA for the Vacaresti solar project in Dambovita County. The financing package includes a 56 million euro long-term construction and term loan, a 4.4 million euro VAT facility, a Debt Service Reserve Facility,
Romania: DRI secures €60 million financing for 126 MW Vacaresti solar project Read More »
Romanian electricity producer Hidroelectrica has launched a 31.6 million euro tender for the Tudor Vladimirescu solar power plant in Braila County. The 45 MW project, dormant since 2012 due to the company’s insolvency, covers 55 hectares of Hidroelectrica-owned land near high-voltage corridors and substations, facilitating grid connection. The contract includes full delivery of the project:
Data from Greece’s electricity transmission system operator ADMIE show a sharp acceleration in solar growth on the transmission network, challenging wind power’s long-standing dominance and raising concerns over midday overgeneration, curtailments and downward pressure on market prices. Renewable capacity on the transmission grid has reached 7,741 MW, supported by 699 MW of pumped-storage hydro. Wind
Greece: Solar surge in narrows wind’s lead, raising grid and market challenges Read More »
Blue 1, a 50 MW solar power plant developed by Albanian companies Matrix Konstruksion and Blessed Investment near Fier, generated 118 GWh of electricity in its first year of operation. According to operations and maintenance partner Abkons, the output matches the developers’ annual forecast and can supply around 14,750 households. The facility has been fully
In the week of August 4, solar photovoltaic energy production increased across all major European electricity markets, continuing the growth trend from the previous week. The German market recorded the largest increase at 36%, followed by a 10% rise in the Italian market. The smallest increase was seen in the French market, at 0.1%, while
Europe: Solar power hits August records while wind production declines Read More »
