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Solar Photovoltaic (PV) Power Plants

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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ContourGlobal Commissioned the Maritsa Battery Energy Storage System (BESS) in Bulgaria with a Connected Power of 202 MW and a Storage Capacity of 500 MWh

/SOFIA, BULGARIA, January 8, 2026, 14:00 CET, RENEWABLE MARKET WATCH™/ Bulgaria has made significant progress in modernising its energy sector by officially commissioning one of the largest standalone battery energy storage systems (BESS) in Eastern Europe, as announced by the Ministry of Energy (ME). This state-of-the-art facility is strategically positioned within the Maritsa East 3 […]
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Two Large-Scale Solar Photovoltaic (PV) Power Plant Projects in Poland will Receive EUR 112 Million Loans

/WARSAW, POLAND, January 7, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ Bank Gospodarstwa Krajowego (BGK) has initiated the distribution of its first loans for renewable energy projects under the National Recovery and Resilience Plan. Recently, BGK entered into two significant agreements totalling over PLN 475 million (EUR 112 million) with TAURON Polska Energia SA and Elektrownia […]
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Czech Republic Will Provide up to CZK 500 Million (EUR 20.6 Million) Subsidies to Support Agrivoltaics

/LONDON, January 5, 2025, 9:00 GMT, RENEWABLE MARKET WATCH™/ New developments are underway for photovoltaic installations on agricultural land in the Czech Republic, commonly referred to as agrivoltaics. This year marks a significant milestone, as agrovoltaics has been enshrined in law, and starting in January 2026, the state will introduce new subsidies to support farmers […]
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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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EBRD and KfW Provide EUR 87 Million for 134 MW Solar Photovoltaic Power Plant to Support the Green Energy Transition in North Macedonia

/LONDON, December 22, 2025, 10:00 GMT, RENEWABLE MARKET WATCH™/ The European Bank for Reconstruction and Development (EBRD) is set to provide a significant sovereign-guaranteed loan amounting to €37 million to Elektrani na Severna Makedonija (ESM), which is North Macedonia’s state-owned electricity generation utility. This crucial funding will support the ambitious development, construction, and operational rollout […]
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Enery Secures Green Financing for 600 MWh Battery Storage Project in Bulgaria

/SOFIA, BULGARIA, December 18, 2025, 10:00 CET, Enery/ Enery has secured a green financing package from DSK Bank AD for its flagship 600 MWh battery energy storage system (BESS) in Nova Zagora, Bulgaria. The transaction marks one of the country’s most advanced storage financing deals to date, supporting Bulgaria’s transition toward a more flexible and […]
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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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