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Albania energy storage policy updates

YEO''s Defic Globe buys projects for 219 MW in Romania

Defic Globe, YEO''s Istanbul-based joint venture with Emsolt Investments, acquired 15 Romanian project firms developing plans for power plants of 219 MW in total. The portfolio also brings a

Solar beats nuclear in June, becoming EU''s biggest electricity

Solar became the EU''s largest source of electricity for the first time in June 2025. National records for both photovoltaics and wind rolled in in May and June, pushing coal to an all-time low.

Project underway for 99 MW Bokšić solar plant with battery storage

The Croatian Ministry of Environmental Protection and Green Transition has initiated a procedure to determine the need for an environmental impact assessment for the planned 99 MW solar

EU and EBRD Strengthen Albania''s Energy Security with

"The EU remains firmly committed to supporting Albania''s energy security and sustainability, while addressing climate change impacts and enhancing resilience." The EBRD'' sovereign loan of

Energy storage in focus: How custom insurance solutions are

Battery energy storage is becoming increasingly central to the energy transition in Southeast Europe and beyond, thanks to its key role in enabling renewables integration while ensuring

Energy Storage Policy and Regulation

Tomorrow''s clean and renewable electric grid will be built on a foundation of flexible, responsive energy storage technologies. Supporting the equitable scale-up of those technologies, and the development of applications

SolarPower Europe: EU needs ten times more battery storage

SolarPower Europe believes that the European Union needs ten times more battery storage by 2030 to support the growth of solar and other renewable energy capacities and maintain the

Hungary''s MAVIR commissions 60 MWh battery energy storage

MAVIR, the Hungarian electricity transmission system operator (TSO), put into operation a battery energy storage system, BESS, of 20 MW in capability and a three-hour cycle. It will help grid

EBRD and EU to fund a 50MWp solar power plant in Albania

A new 50 megawatt (MWp) solar photovoltaic plant will be constructed in Albania with 39.2 million euros in financing from the European Bank for Reconstruction and Development (EBRD) and

Open call for green hydrogen high-efficiency CHP pilot plant

The plan also includes: 2.1 GW of solar PV capacity, with one 550 MW project nearing completion in a former lignite mine, 860 MW of energy storage, including pumped hydro and battery

Heatwave strains European grid, brings profit to energy storage

Record solar power production, backed by yet insufficient energy storage capacity, helped maintain the stability of the electricity system in Europe during the latest heatwave, Ember

Open call for green hydrogen high-efficiency CHP pilot plant

Greece''s Alternate Minister of Economy and Finance Nikos Papathanasis has launched an open call for the installation and operation of a high-efficiency combined heat and power (CHP) unit

EU''s Modernisation Fund disburses EUR 3.66 billion for clean energy

The selected projects focus on renewable energy, grid upgrades, energy storage, and energy efficiency. The largest beneficiary of the latest disbursement is Poland, which will receive EUR

Public call for funding for energy communities in Western

The Emilia-Romagna Region in northern Italy is supporting the creation and strengthening of renewable energy communities (RECs) in five countries in the Western Balkans. Ten projects

HELLENiQ Energy buys ABO Energy Hellas, adding 1.5 GW in

With the acquisition of ABO Energy Hellas, HELLENiQ Energy strengthened its project pipeline for renewables and energy storage by a third, to 6 GW. Amid a consolidation in the renewables

IRENA: 91% of new renewables units are more cost-effective

In 2024, onshore wind farms were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic facilities were 41% cheaper. Of note, the

Fortis Energy gets green light in Albania for 62 MW solar

Fortis Energy received approval from the Albanian government for the construction of a 62 MW solar power plant in the country''s southeast. It is allowed to operate the facility for 49 years

Albania energy storage policy updates [PDF]

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