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ORLEN VC Fund invests in Heimdall Power to optimise power grid operations
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The ORLEN VC Fund has invested in Norway’s Heimdall Power, a global leader in providing solutions for optimised power grid operations.
Solarpro depolys largest battery energy storage in the region
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Solarpro has successfully deployed the largest battery energy storage system project in Eastern Europe, with a capacity of 55 megawatt-hours (MWh).
Groundbreaking Lithuanian energy projects secure funding under joint Baltic and Nordic Initiative
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The projects selected for funding under the Joint Baltic and Nordic Energy Research Program have been announced and they all come from Lithuania.
Romania and Moldova launch regional hub for cleantech
The Ministry of Energy of Romania, the Ministry of Energy of the Republic of Moldova and Techcelerator launched the SEE CleanTech Accelerator.
Innovation Fund to support Latvian and Hungarian projects for the first time
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Two innovative and sustainable projects from Latvia and Hungary will receive the support of the Innovation Fund, through the EU ETS.
Estonia’s Geological Survey participates in the DEXPLORE project to find critical metals
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The Geological Survey of Estonia is taking part in the international critical metals exploration project called 'DEXPLORE'.
ČEZ Group develops solution to build solar power plants on former mining sites
Engineers from PRODECO, a company from Czech utility Group ČEZ, have been developing a solution to build solar power plants in areas in which industrial mining has been discontinued.
Siemens Energy expands its portfolio in Hungary
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Siemens Energy's Budapest plant expanded its portfolio with the production of gas turbine combustors in the new multifunctional centre.
DESFA’s Innovation Center completes first calls for ideas for energy startups
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δesfa+ Innovation Center, DESFA's new initiative to support innovative projects in the energy sector, has completed its first Calls for Ideas.
Prices of critical minerals fell but major additional investments are needed, IEA report finds
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Pressure eased in 2023 on the market for critical minerals, but a new report from the IEA finds that major additional investments are still needed to meet the world’s energy and climate objectives.
Probe hole drillings to scrutinise feasibility of underground energy storage in Eastern Hungary
Probe hole drillings have recently started in Eastern Hungary to scrutinise the possibility and feasibility of underground energy storage systems in Hungary.
Clean energy technology investments surge, supporting global economic growth, IEA says
Surging investment in the manufacturing of clean energy technologies, especially solar PV and batteries, became a driver of global economic growth, according to the IEA.