Solar power

BELGRADE - Building a large gas power plant with Azerbaijan would ensure a stable electricity source to Serbia, says Jelica Putnikovic, editor-in-chief of the Energija Balkana internet portal.

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.

The most anticipated event in the renewable energy calendar, the Sustainable Energy Expo 2024 (October 15-17, Bucharest, Romania), is proud to announce the launch of the CISOLAR 2024 and GREENBATTERY 2024 AWARDS.

More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world's top energy research body said Thursday.

The International Energy Agency (IEA) forecast in a report that global investment in clean energy this year will hit $2 trillion, twice the amount going to fossil fuels.

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.

A major increase in solar power generation in southern Europe played a leading role in averting energy shortages during the heatwaves of recent weeks when temperatures broke records and drove unprecedented demand for air conditioning.

Slovenia's largest solar power plant has been launched. Built for €5.5 million adjacent to the Brežice hydropower plant, it has a peak power of 6 MW, enough to meet the electricity needs of about 1,800 households.

What makes it special alongside its size is that it is connected directly to the 110 kilovolt transmission network and forms a hybrid system with the hydropower plant.

Heron Group on Wednesday announced the signing of long-term power purchase agreements (PPAs) with RWE Renewables Europe & Australia and PPC Renewables, through their joint venture Meton Energy.

Under the terms of the agreement, Heron will supply approximately 192 gigawatt-hours of green electricity each year.

Türkiye's installed solar power capacity has exceeded 10,000 MW, according to Energy and Natural Resources Minister Fatih Dönmez.

"This happened thanks to investments made in solar power in the recent years. The pace of investments suggest that installed capacity will rise further in the upcoming period," he said, speaking at an event in the province of Eskişehir.

Investment in solar power is expected to overtake oil for the first time this year as clean energy spending outpaces that for fossil fuels, the International Energy Agency (IEA) said in a report yesterday. 

While that is a welcome development, warned the IEA that investment in fossil fuels is rising when it should be falling fast to achieve net zero emissions by 2050.