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Green Genius secures €100 million EBRD investment for future expansion
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Green Genius is to receive an equity investment of up to 100 million euros from the European Bank for Reconstruction and Development (EBRD).
World Bank estimates Romanian Black Sea wind energy can add 76 GW by 2035
A new World Bank study on Romanian wind energy potential in the Black Sea predicts that as much as 76 gigawatts (GW) of new electricity and up to 77,000 new jobs can be added by 2035.
Serbia signs MoU with China Energy International Group to expand energy storage capacity
Serbia signed an MoU with China Energy International Group to increase renewable energy capacity and explore potential investments in energy storage infrastructure.
ORLEN’s Mažeikiai refinery to power operations with advanced 42 MWp PV farm
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The Mažeikiai refinery, part of the ORLEN Group, is set to make a significant investment in advanced, environmentally sustainable solar PV technology.
Ignitis Renewables to build largest solar power plant in the Baltics
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Ignitis Renewables is expanding its operations in Latvia by constructing the largest solar projects in the Baltics.
OMV Petrom acquires several PV projects from Jantzen Renewables
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OMV Petrom, the largest integrated energy producer in Southeastern Europe, closed the acquisition of several photovoltaic projects from the Danish company Jantzen Renewables.
Poland’s draft law expands support for wind power and biomethane to accelerate energy transition
A significant expansion of the allowable area for wind energy investments, an increase in the share of renewables in the national energy mix and a support system for biomethane, are among the key objectives of the proposed bill in Poland.
Azerbaijan develops energy projects, promotes increased cooperation with neighbours
Azerbaijan Energy Minister Parviz Shahbazov spoke of the need to develop more green energy projects and his country’s desire to deepen energy cooperation with regional neighbours.
Moldova’s Termoelectrica explores Japanese collaborations to reduce carbon emissions
The management of Termoelectrica said it has hosted a meeting with the OECC company from Japan, during which they discussed potential projects and a Joint Credit Mechanism, to reduce carbon emissions and improve energy efficiency.
Skolivska wind power plant adds 54.6 MW to Ukraine energy mix
The new Skolivska wind power plant in Ukraine has been opened and becomes the largest operational wind farm in the country, according to the project owners, adding capacity of 54.6 megawatts (MW) to the grid.
Serbia targets 1,500 MW of green energy by 2026, says minister
Serbia expects to have more than 1,500 MW of green energy by 2026 according to the Minister of Mining and Energy, Dubravka Đedović Handanović.
Latvenergo to build 108.8 MW wind farm on former peat mining site
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Latvenergo has become the owner of 100% of the shares in Laflora Energy, to build a wind power plant with a total capacity of 108.8 MW at a former peat mining site.
