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European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump

After four years of soaring growth, the EU solar sector has hit its first deployment slowdown of the 2020s, dropping from 53 percent growth in 2023 to 4 percent in 2024. This...

Technology Breakthroughs are Unlocking Geothermal Energy’s Vast Potential in Countries Across the Globe

With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according...

Green Projects – TENT A Gets A Solar Power Plant

T he Nikola Tesla Thermal Power Plants (TENT) are a critically important pillar of Serbia’s energy system and a major stakeholder in Southeastern Europe. With a total capacity of 3,429.5 megawatts, TENT...

Huge Response to Projects for Standalone Energy Storage in Bulgaria

During this year, Bulgaria announced a call for grants for standalone energy storage units. The Bulgarian Ministry of Energy then prepared over 580 million euros in grants for these projects. The proposals received...

New Study Reveals the Best Locations for Building Solar and Wind Power Plants

In an era of rapid transition to renewable energy sources (RES), deciding where to build a solar farm or wind power plant is crucial for maximizing resource utilization and reducing costs. A...

Greater Inclusion of Citizens in the Energy Transition

The Heinrich Böll Foundation is a German political foundation that has been active in Serbia for over two decades. During this time, they have supported more than 50 projects in the area...

How Did Pakistan Experience a „Solar Boom”?

The rapid expansion of solar energy in Pakistan, driven primarily by market forces and minimal political support, serves as a valuable example for other developing markets. The drop in solar panel prices,...

Serbia: Second Round of Auctions for Renewable Energy Market Premiums Begins

The second round of auctions for the allocation of market premiums for renewable energy sources in Serbia, where investors will compete for a total quota of 424.8 MW, has been officially announced. The...

Key Plans For North Macedonia’s Energy Future

North Macedonia is on the verge of significant changes in its energy sector, laying the foundation for energy independence. At a time when global energy challenges are increasingly present, the country faces...

Brazil’s Achievements in Renewable Energy Surpass Global Average

In recent years, China has emerged as a major player in the development of Brazil's energy infrastructure through significant investments. Recently, the presidents of the two countries signed 40 international agreements across...

The Future od Green Energy in Romania

Romania is among the countries with a diverse and balanced energy mix, with a strong reliance on hydropower, efficient nuclear reactors, and wind farms, while coal and natural gas are also present...

Supporting Bulgaria’s Renewable Energy Transition

The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern...

Energy Initiatives at COP29 – What Can We Expect?

The 2024 United Nations Climate Change Conference (COP29) places significant focus on energy as one of the key sectors in combating climate change. In light of this, the COP29 Presidency has officially launched...

The Energy Sector Rated Highest According to the White Book of the Foreign Investors Council

According to progress in implementing recommendations from the White Book by the Foreign Investors Council, the energy sector has emerged as the leading sector. Out of a total of eight recommendations for...

New Auction Regulations – Greater Opportunities for Wind and Solar

The Government of Serbia has adopted three key regulations that pave the way for the second round of market premium auctions for wind and solar power plants, with significantly lower maximum prices...

What Changes in the Energy Law Bring for the Renewable Energy Sector

The draft amendments to Serbia's Energy Law introduce significant changes regarding the connection of power plants to the distribution system, especially for plants utilizing renewable energy sources. It is prescribed that the connection...

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