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🌞 Photomate, a leading solar inverter distributor, is ready for the next step in solar energy development – energy storage systems. "The company is well prepared and has a solution for each of the three PV segments – residential, C&I, and utility-scale," Nikolay Ivanov, country manager for Bulgaria, told SeeNext in an interview.

🔋 Read more about this and other solutions in the company's portfolio in SeeNext's newest study on the renewable energy industry in Southeast Europe.

Download your free copy >> https://seenext.org/reports/renewable-energy-in-southeast-europe-2024-edition/

https://seenews.com/press_release/view/photomates-energy-storage-solutions-cover-all-pv-segments-852359

Photomate’s energy storage solutions cover all PV segments Photomate is active in the field of solar inverters for commercial and residential customers and has a team of more than 140 employees in 23 countries in Central, Eastern, Northern Europe, Caucasus an

Croatia launched a helicopter emergency medical service - a 62.5 million euro EU-backed project.

The new service will provide quality, fast and public emergency medical care available to all Croatian residents and tourists regardless of their location, including islands, rural and areas inaccessible by road, the government said.

Croatia launches 62.5 mln euro helicopter emergency medical service Croatia launched a helicopter emergency medical service - a 62.5 million euro ($67 million) EU-backed project, the government said. The new service will provide quality, fast and public emergency

🚗 Biodiesel, derived from renewable sources like vegetable oils and used cooking oils, is crucial for eco-friendly transportation, addressing environmental, economic, and energy security concerns.

Against the backdrop of rising demand for this type of fuel, Bulgaria-based Astra Bioplant has emerged as a pioneer in sustainable biofuel production, leading the charge in Southeast Europe.

Read more about the biodiesel market and the company's diverse product portfolio in SeeNext's newest study on the renewable energy industry in Southeast Europe. 🌿 Download your free copy: https://seenext.org/reports/renewable-energy-in-southeast-europe-2024-edition/

Bulgaria leads the charge in sustainable biofuel in SEE Biodiesel: revving up the energy transition Biodiesel is emerging as a crucial player in the quest for eco-friendly, yet effective transportation alternatives, particularly in Europe. Derived from

Most of Romania's solar and wind energy potential is concentrated in the southeastern region of Dobrogea. The existing grid infrastructure there is struggling to keep up with additional power generation capacities.

According to forecasts by Transelectrica, the region could integrate an additional 2 GW of renewable energy by 2025.

Aside from the challenge of grid readiness, bureaucratic hurdles and speculative land acquisitions by inexperienced investors may also burden Romania's energy transformation. Developers of projects promising to deliver 50 GW have submitted technical connection permits with Transelectrica and the latter has to evaluate each of them.

Read more about Romania's green energy goals and the recent regulatory changes supporting the country's targets in the 2024 edition of the Renewable Energy Industry in Southeast Europe report by SeeNext and Renewables Now.

Download your free copy of the report here: https://seenext.org/reports/renewable-energy-in-southeast-europe-2024-edition/

Finnish renewable energy investor Korkia has partnered with the Romanian unit of renewable energy developer Econous Green Energy to develop solar projects with a planned total capacity of 600 MW in Romania.

Korkia, Econous to develop 600 MW solar projects in Romania Finnish renewable energy investor Korkia said it has partnered with the Romanian unit of renewable energy developer Econous Green Energy to develop solar projects with a planned total capacity of 600

🌍 Exciting strides in the journey towards EU climate neutrality! As part of the Energy Production working group in ID-E, Sophia Kassidova, Head of Strategic Development and Green Policies at the Bulgarian Development Bank, is actively addressing barriers to energy investments. Political, economic, technical, and market development risks are under the working group's radar.

🤝 In another initiative, BDB is a core sponsor in the Three Seas Initiative Investment Fund (3SIIF), where Bulgaria, along with other nations, is investing in commercially viable infrastructure assets in the energy, digital, and transport sectors.

💼 Get the details on these initiatives and their significance in SeeNext's newest study on the renewable energy industry in Southeast Europe. Download your free copy >> https://seenext.org/reports/renewable-energy-in-southeast-europe-2024-edition/


https://seenews.com/press_release/view/this-decade-is-crucial-for-accelerating-res-investments-850514

This decade is crucial for accelerating RES investments Bulgarian Development Bank (BDB) is a state-owned credit institution. It was established in 1999 as the Encouragement Bank with the main goal to support small and medium-sized enterprises. It is among

In 2023, Bulgaria for the first time joined the list of EU member states that added over 1 GW of new solar capacity in a single year.

The country concluded 2023 with a whopping 3.9 GW of installed photovoltaic capacity, surpassing its 2030 goal of 3.2 GW.

While solar power shines bright, the wind segment faces challenges. There are plans for wind power projects exceeding 4 GW but the target for connecting wind energy to the grid over the next decade is just 403 MW.

Still, Bulgaria's energy system operator has laid out a 10-year network plan, requiring a EUR 1 billion investment, focusing on infrastructure development and digital transformation to support renewable energy integration. The broader use of smart energy storage systems is also there.

In 2023, Bulgaria for the first time joined the list of EU member states that added over 1 GW of new solar capacity in a single year. The country concluded 2023 with a whopping 3.9 GW of installed photovoltaic capacity, doubling it within a year and surpassing its 2030 goal of 3.2 GW ahead of schedule!

While solar power shines bright, the wind segment faces challenges. Despite plans for wind power projects exceeding 4 GW, the target for connecting wind energy to the grid over the next decade is just 403 MW. Still, Bulgaria's energy system operator has laid out a 10-year network plan, requiring a EUR 1 billion investment, focusing on infrastructure development and digital transformation to support renewable energy integration. The broader use of smart energy storage systems is also there.

For more insights into Bulgaria's journey towards cleaner energy and recent regulatory changes, check out the 2024 edition of the Renewable Energy in Southeast Europe report by SeeNext, supported by Renewables Now. Let's keep powering towards a sustainable future together! 💪☀️

Download the free report here: https://seenext.org/reports/renewable-energy-in-southeast-europe-2024-edition/

Today in The Daily Brief -- the crucial newsletter for all decision makers invested in the region of Southeast Europe:

> Kosovo to vote on removing mayors in Serb-dominated north
> INTERVIEW - Sameday expects exponential revenue growth in Bulgaria
> SNS-led coalition to name mandate holder for next govt soon - Vucic
> Romania's trade gap narrows 15.5% y/y in Jan
> Alpha Bulgaria plans to raise stake in Prista Oil Holding
> Montenegro plans Sept start for Bar-Boljare motorway stretch - report
> Serbia limits imports of sunflower oil, margarine

Subscribe for the daily newsletter here: https://see-news.campaign-list.com/subscribe/the-daily-brief-by-see-news/1fa26c29-50e5-4d25-bbd1-a60da0673bef

Bulgaria's parliament on Wednesday accepted prime minister Nikolay Denkov's resignation, opening the way for a rotation of government agreed earlier under a power-sharing deal between the two biggest coalitions in parliament, GERB-UDF and WCC-DB.
https://seenews.com/news/bulgarian-pm-denkov-resigns-in-govt-rotation-850652

Many countries in Southeast Europe have made significant progress in greening their power supply and the region is poised for unprecedented growth in installed renewables capacity. Now comes the next challenge – how to keep connecting wind and solar while guaranteeing the stability of grid infrastructure.

This is the focus of the new edition of SeeNext's Renewable Energy Industry in Southeast Europe report.

The report is available for download here: https://seenext.org/reports/renewable-energy-in-southeast-europe-2024-edition/

Renewable Energy in Southeast Europe | 2024 edition | SeeNext Renewable Energy in Southeast Europe | 2023 is focused on the main green energy trends in Bulgaria, Romania, Croatia, Slovenia and Greece.

The first restaurant from the chain of English celebrity chef and restaurateur Jamie Oliver in Serbia is expected to open at the beginning of April.

Jamie Oliver's first restaurant in Serbia to open in April - report The first restaurant from the chain of English celebrity chef and restaurateur Jamie Oliver in Serbia is expected to open at the beginning of April, local media reported.The restaurant will be part o

German car parts maker Continental plans to invest 150 million euro in the expansion of its plant in Serbia's second largest city of Novi Sad, city mayor Milan Djuric said. ⬇

How this expansion translates into new jobs, read here: https://lnkd.in/diZg2Qhi

Serbia and Greece plan to launch by the summer an integrated system of electronic toll collection (ETC), making it possible to pay road tolls in Greece with the Serbian ETC tag and vice versa.

https://lnkd.in/dmx9UjWc

Big Shopping Centers Ltd. plans to invest 40 million euro to expand its presence in Montenegro. For more details on where the Israeli company plans to place its funds, https://lnkd.in/dCkvgpPe.
BIG CEE

OMV Petrom is ramping up investment, focusing on gas and renewables.

Romania’s top oil and gas group will invest some 1.6 billion euro a year for the next three years, marking the most investment-intensive period in its history.

Learn more about OMV Petrom's plans here: https://shorturl.at/ACHLW

Radisson Hotel Group plans to open a Radisson Blu Hotel & Resort in Montenegro, its first in the Balkan country, in the fourth quarter of this year.
Read more at: https://bitly.ws/3bSHc

Slovenia is set to conduct a referendum on the construction of a second reactor at the Krsko nuclear power plant later this year, prime minister Robert Golob said.
Read more at: https://bitly.ws/3bmmL

The U.S. approved the potential sale of Black Hawk helicopters and related equipment and services to Croatia for an estimated $500 million.
Read more at: https://bitly.ws/3bahe

Serbia signed with China’s Shanghai Fengling Renewables Co and Serbia Zijin Copper DOO Bor a memorandum of understanding for a 2 billion euro Chinese investment in renewable energy, the largest individual investment project in renewables in the country. The project involves the construction of facilities with a total capacity of 2 GW, including a 1,500 MW wind power plant, a 500 MW solar power plant, and a factory for the production of green hydrogen. Serbia Zijin Copper DOO Bor
Read more at: https://bitly.ws/3ba5v

North Macedonia’s president Stevo Pendarovski on Friday handed parliament speaker Talat Xhaferi a mandate to form a caretaker government following the resignation of prime minister Dimitar Kovacevski. The main political parties agreed in December to hold general elections on May 8, two months early. The general elections will coincide with the second round of presidential elections.
Read more at: https://bitly.ws/3aUzd

The European Investment Bank (EIB) signed a 40 million euro loan deal with electric vehicle charging stations operator Eldrive for the deployment of 8,472 EVC stations across Bulgaria, Romania and Lithuania.
Read more at: https://bitly.ws/3aSEH

Rezolv Energy signed a grid connection agreement for the Dunarea East & West wind farms, a 600 MW project in Constanta county in Romania.
You can read the full story here: https://bitly.ws/3aMNb

The International Finance Corporation has invested 50 million euro in the European Fund for Southeast Europe S.A., which provides financing to micro, small, and medium enterprises in Southeast and Eastern Europe and Turkey.

Read more at: https://bitly.ws/3aGcq

North Macedonia’s prime minister Dimitar Kovacevski will resign on Thursday, opening the way for the formation of a caretaker government that will organise presidential and general elections in line with a decision of the main political parties.
Read more at: https://bitly.ws/3aAZ9

Serbia has started talks with Hyundai Engineering on the construction of a 1 GW solar energy project.

Serbia plans to invest 17.8 billion euro in preparations for the international exhibition Belgrade Expo 2027, as the bulk will go towards the construction of facilities for the event.
Read more at: https://bitly.ws/3auDP

The airport of the Albanian capital Tirana will launch this month the construction of an airstrip dedicated to trans-Atlantic flights, as the first one is expected to take off by the first quarter of 2025.
Read more at: https://bitly.ws/3auVU

US-based security and aerospace group Lockheed Martin and Romanian aircraft construction and repair company Aerostar inaugurated Europe’s first certified S-70 Black Hawk helicopter maintenance, repair and overhaul service centre in Romania’s eastern city of Bacau.
Read the full story here: https://bitly.ws/3afZC

Slovenia's opposition populist conservative Democratic Party has submitted a proposal for a on a project for the construction of a second reactor at the Krsko nuclear power plant amid opposition from neighbouring Austria and .
Read the full story here: https://bitly.ws/3afL7