Varying capital costs favor wind over solar in Europe
Differing finance costs across the continent are likely to see wind-rich, high electricity demand nations such as Germany, France, Austria and Belgium forge ahead with renewables at the expense of...
View ArticleSerbia moves forward with renewables auctions
The European Bank for Reconstruction and Development is helping the Serbian government to define its new procurement plan. The international lender is currently seeking consultants to implement the...
View ArticleIFC says green recovery could drive $2.5tn renewables market this decade
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what...
View ArticleBig solar for Western Balkans disused coal mine
Land scarcity and renewables prices have been long considered significant hurdles for renewable developments in the hilly Balkans. Still, the European Bank for Reconstruction and Development (EBRD)...
View ArticleEBRD furthers green agenda in Slovakia, Serbia and Uzbekistan
The London-based development finance provider has made more than €50 million available for sustainable investment across three separate credit lines recently.Development lender the European Bank for...
View ArticleUnsubsidized 50 MW PV project under development in Serbia
The project is being planned to sell power to the Serbian South East European Power Exchange (SEEPEX) or other off-takers under a power purchase agreement.Australia-based renewable energy company CPW...
View ArticleSerbia introduces net metering, rebate scheme for rooftop PV
The rebates will cover up to 50% of the costs for installing and deploying a PV system and are intended at supporting homeowners and businesses take advantage of the recently introduced net metering...
View ArticleChina holds the key to cancelling half the world’s new coal project plans
With pressure mounting on the world's governments to turn their back on the fossil fuel, China and peers in South East Asia, Europe and South Asia could help deliver a coal-free future at the COP26...
View ArticleSerbia targets 8.3GW of solar by 2024
Serbia is responding to European pressure to accelerate its energy transition to cleaner fuels by allocating €12 billion for wind, PV and hydropower facilities over the next two years. Thus far, there...
View ArticleSerbia’s largest solar plant goes online
The 9.9 MW DeLasol PV project is located in the municipality of Lapovo, central Serbia.Serbia's Ministry of Mining and Energy has announced that the country's largest PV facility has started commercial...
View ArticleSerbia seeking partner for 1 GW of solar, 200 MW battery storage
The Serbian government is seeking a strategic partner to develop at least five PV plants with a cumulative capacity of 1 GW/1.2 GWh and at least 200 MW/400 MWh of battery energy storage. State power...
View ArticleThe Hydrogen Stream: Green hydrogen market could hit $850 billion in 2050
Research outfit Rethink Energy says the green hydrogen market could reach $850 billion in value by 2050. Rethink Energy predicts the green hydrogen market to reach a $850 billion valuation in 2050,...
View ArticleSerbia allocates quota for solar auction, determines market premium
The Serbian government has allocated a quota of 50 MW for its first solar auction. Solar plants with capacity of more than 500 kW will be allowed to participate in the competitive tendering process,...
View ArticleSerbia launches first renewables auction with 50 MW of solar
The Serbian authorities have launched the nation's first renewable energy auction, with 50 MW of PV and 400 MW of wind power. The projects will be supported through contracts for difference for 15...
View ArticleImpact of solar module soiling on grid-forming inverters
New research from Serbia claims air-polluted urban climatic conditions may not only induce maximum power point (MPP) tracking problems in PV systems but also reduce power yield by up to 30%. The...
View ArticleThermal energy storage system based on recycled ceramics
Serbia-based Storenergy has developed a thermal energy storage (TES) solution that uses recycled ceramics as the storage medium. It says its solid-state storage solution is designed to ensure long...
View ArticleSerbia’s first renewables auction draws lowest solar bid of €0.08865/kWh
The lowest solar bid in Serbia's inaugural renewable energy auction was €0.08865 ($0.096)/kWh. The exercise is planned to allocate 50 MW of solar and 400 MW of wind power.Serbia's Ministry of Mining...
View ArticleSerbia’s Domi Eko commissions 150 MW TOPCon solar module factory
The factory is located in Velika Plana, central Serbia. The production equipment was provided by Italian manufacturer Ecoprogetti.Serbia’s first solar panel producer, Domi Eko Solar has switched on a...
View ArticleSerbia attracts $2 billion Chinese investment in solar, wind, hydrogen
The Serbian Ministry of Mining and Energy has signed a memorandum of understanding (MoU) with Chinese companies Shanghai Fengling Renewables and Serbia Zijin Copper. It envisages the construction of...
View ArticleSerbia to auction at least 400 MW of wind, solar
The Serbian government plans to launch its second renewables auction this year in a bid to procure at least 400 MW of wind and solar power.Following its inaugural renewable energy auction last year,...
View ArticleChina’s Hunan Rich plans 1 GW solar panel factory in Serbia
Chinese company Hunan Rich Photovoltaic Science and Technology is set to invest over €300 million in the development of a 1 GW solar panel factory and 200 MW solar power plant in Serbia. The agreement...
View ArticleHive Energy secures grid connection permit for 215.6 MW of solar projects in...
UK’s Hive Energy said the projects will feature battery energy storage systems that equate to 10% of the overall solar capacity.UK-based renewables developer Hive Energy has secured grid connections...
View ArticleAssessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United...
View ArticleSerbia announces 1 GW solar, 400 MWh battery storage sites
Six large-scale solar plants colocated with battery energy storage systems should be delivered by mid 2028. The Serbian government has called for the development of a spatial plan for six large-scale...
View ArticleSerbia signs deal for 1 GW of solar, 200 MW of battery storage
An implementation agreement is in place between Serbia’s Ministry of Mining and Energy, utility company Elektroprivreda Srbije (EPS) and a consortium of Hyundai Engineering and UGT Renewables for six...
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