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Renalfa Received EUR 315 Million Financing for Renewable Energy Projects in Bulgaria, Hungary, North Macedonia and Romania

/VIENNA, AUSTRIA, August 11, 2025, 11:45 CET, RENEWABLE MARKET WATCH™/ Vienna-based Renalfa IPP has recently secured €315 million from a consortium of lenders, including the European Bank for Reconstruction and Development (EBRD), to expedite the transition to green energy in Central and Eastern Europe. The financing will support the company’s investment program of €1.2 billion, […]
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Sunterra RE Selected Sungrow for 1 GWh BESS Supply for its Solar Photovoltaic Power Plants in Bulgaria

/SOFIA, BULGARIA, August 1, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ Sunterra RE, Bulgaria’s leading solar energy company, has formed a strategic partnership with Sungrow, a global leader in innovative renewable energy solutions. This agreement focuses on implementing modern battery energy storage systems (BESS) in the company’s three largest solar photovoltaic power plants. The new agreement […]
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Innovative Battery Storage Manufacturing Project of the Bulgarian Company International Power Supply (IPS) Received Strategic Status Under the European Net Zero Industry Act

/SOFIA, BULGARIA, July 15, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ A Bulgarian project for manufacturing batteries for energy storage has been granted strategic status under the European Clean Technology Initiative, the Ministry of Economy and Industry announced. The innovative project is already listed in the European Commission’s public register of strategic projects. The BG EXERON […]
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Solaris Holding Commissioned a New Hybrid Solar Photovoltaic and Storage Power Plant in Bulgaria

/SOFIA, BULGARIA, June 27, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ Solaris Holding AD, a joint venture between the Bulgarian-German company SUNOTEC and the primary shareholders of Eurohold Bulgaria AD, has officially opened a new hybrid renewable energy plant in Oryahovo, located in the Vratsa region of Bulgaria. This facility, which integrates solar energy production and […]
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Largest Battery Energy Storage System (BESS) in the European Union was Commissioned in Bulgaria

/SOFIA, BULGARIA, May 22, 2025, 11:00 CET, RENEWABLE MARKET WATCH™/ Bulgaria is now home to the largest electricity storage facility in the European Union. This facility, constructed by Advance Green Energy AD in Lovech, has an installed capacity of 124.1 MW and can store up to 496.4 MWh of energy. This development marks a significant milestone in enhancing the country's energy infrastructure.
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RWE Commissioned a Large-Scale Battery Energy Storage System (BESS) with a Total Capacity of 220 MW

/ESSEN, GERMANY, February 14, 2025, 10:00 CET, RWE/ RWE has commissioned one of the largest German battery storage systems at the Group’s Hamm and Neurath sites, with a total capacity of 220 megawatts (MW). It can reach its nominal capacity within seconds and provide power at that level for around one hour (235 megawatt hours, MWh). RWE is making the electricity from the battery storage systems available on various energy markets. The system contributes towards stabilising the electricity grid in particular through the balancing energy markets.
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IB vogt is Selling 780 MW Solar PV and BESS Portfolio to Faria Renewables

/ATHENS, GREECE, January 8, 2025, 10:00 ib vogt, Faria Renewables/ International renewable energy development platform ib vogt has reached an agreement to sell its project portfolio in Greece to Faria Renewables, a prominent Greek independent power producer (IPP) and developer, supported by Omnes Capital’s Capenergie 5 fund and the Faria Group. This portfolio includes approximately 780 MWp of solar photovoltaic (PV) and battery energy storage system (BESS) assets at various stages of development, which features a 45 MWp solar PV power plant that is currently under construction.
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Sunly Starts Construction Works on Three Large-Scale Solar Photovoltaic (PV) Power Plants in Latvia with a Total Capacity of 225 MW

/TALLINN, ESTONIA, November 1, 2024, 9:00 GMT, Sunly/ This autumn, the renewable energy company Sunly started work on three large solar park projects in Latvia, with a combined capacity reaching 225 MW. These projects will be capable of meeting the annual electricity consumption of over 118.000 households. The parks are planned to be developed in the Valmiera, Krāslava, and Madona regions. Work has already begun on the first project in Valmiera Municipality, where a 54 MW solar park will be developed near Matīši village. Simultaneously, work has commerced on a substation…
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Enery Launched in Commercial Operation the Sarmasag PV Power Plant in Romania with 51.4 MWp Capacity and 22 MWh battery energy storage system (BESS)

/BUCHAREST, October 22, 2024, 9:00 GMT, ENERY/ Enery proudly announces the official inauguration of its newest photovoltaic (PV) power plant in Sărmășag, Sălaj County, Romania. With an installed capacity of 51.4 MWp, the Sărmășag PV plant is set to generate 64.8 GWh of clean energy annually, powering approximately 38,270 households and contributing to significant CO2 emissions savings of 16,208 tonnes annually. A key feature of the plant is its 22 MWh battery energy storage system (BESS), which will be fully operational by the end of the year. The system includes…
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