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Solar Energy
EU Imported Solar Panels Worth 19.7 Billion Euros in 2023
As the European Union pursues its energy transition and sustainable energy goals, Eurostat data for 2023 reveals the current state of green technology imports and exports, focusing primarily on solar panels, wind turbines, and biofuels, confirming the growing demand for…
EBRD Supports Croatia’s Largest Solar Power Plant Operated by Hrvatska Elektroprivreda
For the construction and future operation of the “Korlat” solar power plant in Croatia, the European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 31.6 million euros to Hrvatska Elektroprivreda d.d. (HEP). The planned solar…
The World’s Largest Lightweight and Circular Solar Power Plant Opened in Belgium
In the municipality of Genk, Belgium, the world’s largest circular and lightweight solar installation was presented, located on the roof of the SABIC company. This unique solar system generates 2,000 MWh of electricity annually, enough to meet the average annual…
Romania Inaugurates New Solar Park with Energy Storage System
In Sărmășag, Sălaj County, the “Sărmășag” solar park has been officially inaugurated, marking a significant step in Romania’s energy transition. The new solar facility, with an installed capacity of 51.4 MW, also includes an advanced battery energy storage system with…
Solar Parks Can Contribute to Nature Restoration in the EU
The association SolarPower Europe and the nature conservation organization The Nature Conservancy have released an important document highlighting the role of solar parks in combating climate change and restoring natural habitats. The new approach, known as “nature-inclusive solar energy,” encompasses…
50.4 Million Euros Secured for the Largest Floating Solar Power Plant in Europe
The trend of increasing solar power capacity is expanding to water surfaces, and one of the largest such projects in Europe is being built in northwestern France. After the project faced financing challenges, construction is now secured through a loan.…
Why virtual Power Plants are the Future of Solar Energy
Renewable energy sources like solar are volatile, meaning there is not enough energy production to meet demand when the sun doesn’t shine. However, when the sun does shine, solar panels can feed so much electricity into the grid that the…