Photovoltaic power station

Anyone applying for a photovoltaic park permit nowadays is likely wanting to tear their hair out, say competent officials of the Environment and Energy Ministry describing the overheating of the photovoltaic sector that has dominated the renewables market in recent years, putting businesses at risk, per market estimates.

The agricultural landscape in the Thessaly Plain in central Greece has come under pressure from solar energy projects encroaching on productive farmland.

BELGRADE - Two years ago, Serbia was generating around 20 MW of power from solar power plants but will be generating over 150 MW by the end of this year, or about 7.5 times more, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Thursday.

BELGRADE - Two years ago, Serbia was generating around 20 MW of power from solar power plants but will be generating over 150 MW by the end of this year, or about 7.5 times more, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Thursday.

BELGRADE/ADA - The construction of Serbia's largest solar power plant - built by the Israeli company Nofar Energy - began at Ada near Senta, northern Serbia, on Monday.

Mytilineos Energy & Metals said on Tuesday that it has signed a 210-megawatt long-term power purchase agreement (PPA) with Karatzis SA for the green energy produced by a 262 MW solar portfolio.

According to the announcement, Mytilineos will be able to offtake 80% of the energy produced, further enhancing its green supply basket.

A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament. The data reveals a staggering increase of over 140% in electricity production from photovoltaic plants, accompanied by a significant decline in output from coal-fired power plants in the year 2023.

The Ministry of Environment and Energy will try to bring some sense to the soaring market of photovoltaic parks, before the new technology is burnt out by extravagant projects by controversial investors in the country.

Two major energy groups, Germany's RWE and Greece's Public Power Corporation are promoting Greece's energy transition through their joint venture, Meton Energy SA, which has made its final investment decision for the construction of another photovoltaic project in the country.

France's TotalEnergies is exploring a sale of a 50% stake of a portfolio of renewable projects in Europe and the US, including Greece,according to two people familiar with the matter.

The French energy group is sounding out advisers for a sale of a stake in wind and solar power assets across the US, Spain, Portugal, France and Greece, the sources said.