Renewable energy technology

Having energy storage projects as its priority, Athens-listed group Metlen is continuing the dynamic development of its green portfolio both domestically and internationally.

M-Renewables, the green arm of Metlen Energy & Metals, operates in 33 countries and five continents with more than 5 gigawatts of projects in photovoltaics, wind and energy storage.

The Environment and Energy Ministry intends to crack down on renewable energy suppliers who exceed their licensed capacity, committing a form of "reverse power theft" by flooding the system with unwanted electricity, the ministry's general secretary, Aristotelis Aivaliotis, told the Renewables & Storage Forum last week. 

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.

BELGRADE - Electricity generated by new solar power plants will replace Serbia's costly electricity imports during the winter season, Serbian President Aleksandar Vucic said after the signing of an agreement with a consortium between Hyundai Engineering and UGT Renewables on building self-balanced solar power plants that will ensure 1 GW of power generation capacity to Serbia.

Agios Efstratios in the northeastern Aegean is set to become Greece's first energy-independent island, relying entirely on renewable energy sources. Mayor Konstantinos Sinanis announced the initiative, called "Ai-Stratis - Green Island," during an interview with ERT. 

Greece has set more ambitious targets for expanding solar and wind power to cut greenhouse emissions by 2030 under a revised energy and climate plan presented on Friday.

Athens will aim for an 82% share of renewables in electricity generation by 2030 versus a 66% target in its previous 2019 plan, under the plan to be submitted to the European Commission for approval.

BELGRADE - Serbian PM Milos Vucevic met with US Under Secretary of State for Economic Growth, Energy and the Environment Jose Fernandez in Belgrade on Thursday to discuss bilateral economic relations and cooperation in the energy and renewables sectors.

BELGRADE - Serbian Minister of Energy and Mining Dubravka Djedovic Handanovic signed on Wednesday a MoU between the Serbian government and the China Energy International Group on strategic cooperation in the energy sector.

The minister said the cooperation would make it possible to boost electricity storage capacities by utilising new technologies.

Environment and Energy Minister Thodoros Skylakakis and Deputy Environment and Energy Minister Alexandra Sdoukou signed on Friday a ministerial decision promoting self-consumption of energy, either individually by all citizens and businesses of the country or jointly (by apartment buildings).

Greece's power grid is getting greener fast, but, at the same time, is still clinging to the old fossil fuels, data show.

Indeed, the share of natural gas in power generation is still increasing.