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BESS

Croatia with Record Renewable Electricity Generation in 2025

/LONDON, January 9, 2026, 11:00 GMT, RENEWABLE MARKET WATCH™/ In 2025, Croatia set new records for producing electricity from renewable sources. Data from the Association of Renewable Energy Sources of Croatia (OIEH) shows that solar, wind, and thermal power from renewable fuels generated more electricity than any other type for the first time. Together, these sources generated over 5 TWh, accounting for 26.6% of Croatia’s total electricity consumption that year. When hydropower is included, renewable sources supplied more than half (52.6%) of the electricity used in Croatia.
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Bulgaria Will Finance 31 Battery Energy Storage System (BESS) Projects Under the RESTORE 2 Tender Procedure with 4,000 MWh of Storage Capacity

/SOFIA, BULGARIA, January 5, 2026, 9:15 CET, RENEWABLE MARKET WATCH™/ A comprehensive funding initiative has been successfully completed, supporting 31 projects for the construction and commissioning of electricity storage facilities. This initiative, part of the National Infrastructure for Storage of Electricity from Renewable Sources (RESTORE 2), has a budget of BGN 228.9 million.
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Türkiye With Ambitious Energy Plans for 2026

/LONDON, December 29, 2025, 11:00 GMT, RENEWABLE MARKET WATCH™/ Following a year characterised by significant advancements in the energy sector, Türkiye is poised to build on this momentum in 2026. The country aims to boost domestic energy production, expand renewable energy capacity, and strengthen international collaboration. In its efforts to diversify the energy mix, Türkiye […]
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Season’s Greetings 2026 by Renewable Market Watch

/LONDON, December 23, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The gobal renewable energy capacity is projected to grow by 2.7 times by 2030, exceeding the current ambitions of countries by nearly 25%, although it still falls short of tripling. Climate and energy security policies in almost 140 countries have played a crucial role in making renewable energy cost-competitive with fossil fuel power plants. This shift is generating new demand from the private sector and households. Additionally, industrial policies that promote local manufacturing of solar panels and wind turbines are helping to…
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Nova Power and Gas Launched into Commercial Operation the Largest Battery Energy Storage System (BESS) Facility in Romania

/BUCHAREST, ROMANIA, December 12, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ The Ministry of Energy is pleased to announce the commissioning of the largest battery energy storage facility in Romania, developed by Nova Power & Gas in Cluj County. This state-of-the-art facility aims to enhance the stability and reliability of the national energy grid by storing excess energy generated from renewable sources and providing it during peak demand periods.
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Iberdrola Received EUR170M Grant for Energy Storage Projects in Spain

/MADRID, SPAIN, December 9, 2025, 10:15 CET, RENEWABLE MARKET WATCH™/ Iberdrola España, the Spanish subsidiary of global energy leader Iberdrola Group, has secured more than €170 million in grant funding to advance a comprehensive portfolio of energy storage, battery, and pumped hydro projects nationwide. The grants were awarded in the first competitive call for innovative […]
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Econergy Secures EUR 40.5M Project Financing for its 87 MW Oradea Solar Photovoltaic Project in Romania

/BUCHAREST, ROMANIA, December 3, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Econergy Renewable Energy, a prominent European Independent Power Producer (IPP) with a strong presence across multiple EU energy markets, has successfully secured a €40.5 million project-finance agreement with UniCredit Bank. The financing package will support the development and construction of Econergy’s flagship 87 MW Oradea […]
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Premier Energy Group Acquired a 400 MWh Battery Energy Storage System (BESS) Ready to Build Project in Romania

/BUCHAREST, ROMANIA, November 25, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ Premier Energy Group, a Bucharest Stock Exchange-listed utility with major ownership by EMMA Holding (controlled by Czech billionaire Jiri Smejc), has announced the acquisition of a ready-to-build battery energy storage system (BESS) project near Iaşi, Romania. The project features a planned charging and discharging capacity […]
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