Greece adds storage to solar tenders
The Greek parliament has approved a new law introducing renewable energy policies for auction design and small projects with stable feed-in tariffs.
Key takeaways from Bulgaria’s RE-Source Southeast Conference
The first day of the RE-Source Southeast Conference in Sofia, Bulgaria, this week underscored European and regional interest in renewable-energy projects based on corporate power purchase agreements (PPAs). Negative or very low electricity prices in European electricity markets affect the appetite for such projects, but the solution for investors and policymakers is to approach the issue systematically.
Greece’s solar curtailment starts to bite
Greece added 1.59 GW of new solar capacity last year, and projections for the current year look strong. Curtailment remains the sector’s thorniest issue, however.
Attica-Crete leg of Mediterranean super grid due mid 2025
Greece has grand plans for an interconnector network that runs from the Middle East through to the heart of Europe. pv magazine examines the latest developments on the road to a Mediterranean super grid and what it might mean for the regions involved.
Greece’s 2023 PV additions hit 1.59 GW
Greece installed 1.59 GW of solar in 2023, bringing the country’s cumulative PV capacity to 7.1 GW by the end of December.
Israel’s new PV installations hit 1.1 GW in 2023
Official data from the Electricity Authority of Israel show that the country installed 1,108 MW of new solar capacity in 2023. Renewable energy covered 12.5% of Israel’s electricity demand last year.
Weekend Read: Upstart vs. incumbent
Electricity market liberalization and private sector development of solar and energy storage in Cyprus continue to be delayed. pv magazine’s Ilias Tsagas looks at why independent power producers are frustrated by electricity curtailment and a lack of market reform.
Greece awards 300 MW in storage tender
The Greek authorities have awarded 300 MW of new battery storage capacity in the nation’s second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program.
Crete-Greece subsea link secures €250 million of EU funds
The European Commission says Greece’s new subsea electricity interconnection linking the island of Crete to mainland Greece will receive more than €250 million ($269.3 million) from the European Regional Development Fund (ERDF).
Cyprus set to curtail 28% of renewable electricity in 2024
The Transmission System Operator of Cyprus (TSOC) predicts that transmission and distribution grid operators will need to curtail 28% of the nation’s annual green energy production in 2024.
