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Greece: Faria Renewables and Huawei forge strategic partnership to boost energy storage projects

Greek energy company Faria Renewables and Chinese tech giant Huawei have announced a strategic partnership to advance battery energy storage system (BESS) projects in...

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Southeast European power prices surge as renewable output and imports decline

Southeast European day-ahead electricity prices surged on 28 October, with Romania, Bulgaria, Hungary, Albania and Serbia recording prices close to or above €300/MWh. Reduced...

The renewable plant of 2030 will be an integrated energy system

The conventional renewable energy project is built around a relatively straightforward model: wind turbines or photovoltaic panels generate electricity, a substation exports it to...

Why a €70/MWh PPA does not guarantee €70/MWh in revenue

A power purchase agreement (PPA) offering a renewable project a price of €70/MWh may appear to provide a straightforward hedge against electricity-market volatility. However,...

Renewable project finance in Southeast Europe requires a new approach to debt sizing

Renewable project finance has traditionally relied on a relatively straightforward set of assumptions to determine how much debt a project can support. Expected electricity...

Serbia’s renewable investment window narrows as solar cannibalisation looms

Serbia’s first negative electricity prices should be viewed less as evidence of an immediate renewable oversupply problem and more as an opportunity to prepare...