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MOL hybrid energy hub at Algyő: €59.4m solar and 20 MW/40 MWh storage

Hungary’s MOL has commissioned a €59.4 million solar-and-storage complex at its Algyő oil and gas site. The project is designed to convert part of...

Romania: Econergy selects Shanghai Electric for 125 MW second phase of Parau solar complex

Israeli independent power producer Econergy Renewable Energy has appointed Shanghai Electric as the engineering, procurement, and construction (EPC) contractor for the second phase of...

Hungary: GoldenPeaks Capital opens 64.5 MW Zemplen solar complex

GoldenPeaks Capital, a renewable energy investor operating in Central and Eastern Europe, has officially launched the Zemplen solar complex in northern Hungary. Located in...

Bulgaria: Renalfa IPP launches first 69 MW of Tenevo solar complex

Renalfa IPP has commissioned the first 69 MW of the 238 MW Tenevo solar complex in southeastern Bulgaria, along with all necessary assets for...

Serbia: Nofar Energy connects 27 MW Ada solar complex to grid

Israeli company Nofar Energy has successfully connected its 27 MW Ada solar complex to the network in Serbia. The project, which required an investment...

Bosnia and Herzegovina, Government of the Republic of Srpska awarded a 50-year concession for the construction and operation of a solar complex

The Government of the Republic of Srpska (RS) awarded a 50-year concession for the construction and operation of a solar complex consisting of several...

Latest news

Europe: Brent, TTF gas and CO₂ prices remain high amid Middle East supply risks

On Tuesday, September 15, front-month Brent crude oil futures on the ICE market reached a weekly settlement high of $108.75/bbl. According to data analyzed...

Europe: Power prices decline across major markets as Italy records an increase

Weekly average electricity prices declined across most major European markets during the third week of September, with Italy the only market to record an...

Europe: Power demand diverges as Germany and Portugal rise while Southern markets decline

During the week of September 14, electricity demand increased in Belgium, Germany and Portugal, compared with the previous week. Belgium recorded the strongest growth,...

Europe: Solar generation declines as wind power output increases across major markets

During the week of September 14, solar photovoltaic generation declined across all major European electricity markets compared with the previous week. Portugal recorded the...

Serbia: Belgrade launches geothermal drilling programme for district heating

Belgrade district-heating utility Beogradske Elektrane has launched a tender for exploratory geothermal drilling at its New Belgrade and Miljakovac heating plants, marking a move...