eastern europe

The European Bank for Reconstruction and Development (EBRD) has provided a €120 million financing package for a 342MW solar-plus-storage project in Romania.

Renalfa IPP has secured funding from the European Bank for Reconstruction and Development (EBRD) for its Szihalom 450MW solar-plus-storage project in Hungary.

Transelectrica has published new rules for the Romanian grid, setting out time frames for auctions involving new energy generation projects.

Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia.

The Serbian Ministry of Energy and Mining has awarded tenders for ten solar and wind projects with a total capacity of 645MW.

A lack of grid infrastructure is a key challenge in Eastern Europe, and was discussed at Large Scale Solar Central Eastern Europe 2024.

Renalfa has acquired a 258MW solar project in Teleorman, Romania, which it expects to start commercial operation in 2027.

Magdalena Hilgner of PLAY explains that projects that deliver power reliably and at a fair price will always be attractive for offtakers.

Serbia has launched its second renewable energy auction, seeking 124.8MW of solar capacity alongside 300MW of wind capacity.

Speakers at LSSCEE 2024 discussed key topics for the Eastern European solar sector, including storage, private investment and risk management.