South East Europe

/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, […]

/RIGA, LATVIA, August 8, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Ignitis Renewables, an international green energy company, is expanding its presence in Latvia. Recently, they announced that the Vārme solar farm has begun operations, and today, the Stelpe Solar Farm I has officially reached its commercial operation date. Spanning 85 hectares, this power plant has […]

/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 […]

/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 […]

/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 […]

/RIGA, LATVIA, June 25, 2025, 9:00 CET, Sunly/ This project in Latvia is one of the largest renewable energy projects in the region and ranks among the top 10 largest solar projects planned at the national level. Construction began in late 2024 and is progressing steadily toward full operation in 2026. “The construction process is […]

/SOFIA/BULGARIA, June 23, 2025, 10:00 CET, RENEWABLE MARKET WATCH™/ The largest energy producer in Southeastern Europe, OMV Petrom, acquires 50% of the photovoltaic project in Gabare near Byala Slatina, Bulgaria. The project is implemented through a partnership with the Enery and includes investments of approximately EUR 200 million until 2027. A potential battery energy storage […]

/ESSEN/ATHENS, April 7, 2025, 10:00, RWE, PPC/ Two leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of two large-scale photovoltaic (PV) projects in the Prefecture of Central Macedonia in Northern […]

/SOFIA, January 22, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ By 2027, these projects will provide 160% of the electricity needed for the Group's operations in Bulgaria. They will meet 65% of the Group's total electricity demand, eliminating approximately 120,000 tonnes of carbon dioxide emissions from the electricity grid in Bulgaria each year. Together, the projects will have a total installed capacity of 124 MW and an annual generation of 310,000 MWh - enough to power over 60,000 households yearly. In addition, the initiative includes a state-of-the-art battery system capable of…