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Search Results for storage capacity
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 Bulgaria. The Tenevo plant is expected to generate…
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 procedure begins with the submission of a…
Proposed Law on Amendments to the Energy Law: What Changes are Being Introduced?
Since the Energy Community Treaty came into effect in 2006, an agreement between the European Community, Serbia, and other regional countries, Serbia has been obligated to align its national legislation in the energy sector with the European Union’s legal standards.…
Sweden Closes the Baltic Sea to Offshore Wind Farms – 13 Projects Cancelled
The Swedish government recently canceled 13 offshore wind farm projects, citing military concerns as the reason. This decision has shaken the energy sector, particularly due to the closure of a large part of the Baltic Sea to wind energy development.…
IEA: Clean Energy Adoption is Growing, but with Significant Regional Disparities
The latest report by the International Energy Agency (IEA) reveals that the global adoption of clean energy technologies continues to increase, although this progress is uneven across different regions of the world. The report for the first half of 2024,…
EU: Revenues from Emissions Trading Invested in Green Projects
The European Commission has selected 85 innovative projects aimed at achieving net-zero emissions, which will receive 4.8 billion euros in grants from the Innovation Fund. This is the largest call since the fund’s inception in 2020, raising the total support…
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…