Europe: Electricity prices rise in mid-June amid market variations Read More »

Europe: Electricity prices rise in mid-June amid market variations

In the third week of June, average electricity prices increased in most major European markets compared to the previous week, with the notable exception of the Nordic countries’ Nord Pool market, which saw a 37% drop. France’s EPEX SPOT market experienced the largest percentage increase at 83%. Other markets analyzed by AleaSoft Energy Forecasting showed […]

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

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

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

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

Romania supports two new solar projects with Modernization Fund backing Read More »

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

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

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

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

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

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

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

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

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

Slovenia: Petrol halts investments and plans station closures amid stricter fuel price controls Read More »

Slovenia: Petrol halts investments and plans station closures amid stricter fuel price controls

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

error: Content is protected !!
Scroll to Top