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Powering Bulgaria's future: how energy storage insurance is transforming renewable investments

As Bulgaria accelerates its transition towards renewable energy, energy storage has emerged as a critical solution for stabilising the country’s growing solar and wind energy capacity. With its abundant solar potential, Bulgaria is experiencing significant growth in renewable projects. However, the challenge remains in managing the intermittency of solar energy. Battery energy storage systems (BESS) are key to addressing these variations and ensuring that renewable energy can reliably power homes and businesses.

read more... 06/01/2025

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Daily (03.01.2024) : British gas prices gained 2% on Thursday due to the halt in Ukrainian gas transit and the Hammerfest LNG outage

Oil prices surged by around 2% on Thursday, driven by the anticipation of a cold wave in the United States and increased market activity after the New Year holiday. Brent crude closed at $75.93 per barrel. At the same time, WTI settled at $73.13 per barrel.

read more... 03/01/2025

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In Norway, nearly all new cars sold in 2024 were fully electric

Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025.

read more... 03/01/2025

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Power price jumps in late 2024 being looked at, German cartel office says

Germany's cartel office is examining power prices volatility late in 2024, it said on Thursday, as it looks to ensure energy firms did not hold back supply to take advantage of weather conditions that had already sent prices to their highest levels in months.

read more... 03/01/2025

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N2OFF, Solterra win municipal nod for 111-MWp German solar project

Israel-based agri-food tech company N2OFF Inc and its joint venture partner Solterra Renewable Energy Ltd have received approval for their 111-MWp solar project in Germany.

read more... 03/01/2025

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