Renewable Energy Market

/SOFIA, BULGARIA, October 5, 2026, 9:00 CEST, RENEWABLE MARKET WATCH™/ A tender has been launched to build a second reservoir at the ‘Chaira’ pumped-storage hydropower plant and a connecting tunnel, with the investment estimated at €350 million excluding VAT. This is €100 million more than the initial estimate of €250 million.

/SOFIA, BULGARIA, October 1, 2026, 11:30 CEST, RENEWABLE MARKET WATCH™/ Bulgarian company VESS Modules has launched a state-of-the-art, fully automated photovoltaic module manufacturing facility in Kardzhali, representing a strategic €15 million investment. The new plant is set to create 200 skilled jobs, positioning Kardzhali as an emerging hub for advanced solar technology production in Europe.

/BUCHAREST, ROMANIA, September 23, 2026, 11:30 CEST, RENEWABLE MARKET WATCH™/ Nala Renewables has completed the Green Breeze Wind Farm, its largest project to date and the company’s first successful delivery in the Romanian market. Achieved in just over two years from development to commercial operation, Green Breeze underscores Nala’s execution capabilities and commitment to expanding its European footprint.

/BRUSSELS, September 14, 2026, 9:00 CEST, RENEWABLE MARKET WATCH™/ In the run-up to the 2026 State of the Union address, a broad coalition of 198 organisations—including business groups, consumer advocates, city networks, and industry associations—has called on the European Commission to deliver a decisive, science-based exit plan from fossil fuels. The signatories are demanding a clear roadmap to an affordable, secure, and domestically sourced renewable energy future, citing mounting economic and operational risks for European industry and households.

/BRUSSELS, September 9, 2026, 9:30 CEST, RENEWABLE MARKET WATCH™/ In the six months after the outbreak of the Iran War, solar power delivered over €30 billion in cost savings for Europe by reducing the need for gas imports, according to SolarPower Europe.

/LONDON, September 5, 2026, 11:30 BST, RENEWABLE MARKET WATCH™/ Speaking at the launch event of the “Türkiye Energy Policy Review Report” prepared by the International Energy Agency (IEA), Minister of Energy and Natural Resources Alparslan Bayraktar said, “In this new era in Turkey, we believe 100% in electrification. If you ask, ‘What is in your […]

/BRUSSELS, August 27, 2026, 10:30 CEST, RENEWABLE MARKET WATCH™/ The European Investment Bank (EIB) has approved €9.2 billion in new financing to drive European economic competitiveness, fast-track the energy transition, and expand strategic global partnerships. This comprehensive package, endorsed by the EIB’s Board of Directors, allocates €4.3 billion to support companies across Croatia, the Czech […]

/BUCHAREST, ROMANIA, August 26, 2026, 10:00 CEST, RENEWABLE MARKET WATCH™/ Following a sustained period of strategic planning and interdepartmental collaboration, the Romanian government has formally approved the definitive list of offshore wind farm sites eligible for concession in the nation’s Black Sea territory.

/LONDON, August 19, 2026, 10:00 BST, RENEWABLE MARKET WATCH™/ ESM has selected the Chinese POWERCHINA Jiangxi Electric Power Construction Co., Ltd. to build two new photovoltaic power plants with a total capacity of 30 MW in Oslomej and Bitola, according to official contract award notices published on the electronic procurement portal of the European Bank for Reconstruction and Development - EBRD. ESM in North Macedonia is the Elektrani na Severna Makedonija, the state-owned public electricity generation utility.