Energy technology

The total amount of major investment drive for electricity generation from renewable energy will be around $80 billion in the next 11 to 12 years, Energy and Natural Resources Minister Alparslan Bayraktar has said.

Metlen Energy & Metals has five projects in solar energy worth 2.2 billion Canadian dollars in its investment portfolio in Alberta, Canada, Metlen Regional CEO for North America Luis Laguna said during the Toronto Economic Forum 2024 in Ontario on Thursday.

The Environment and Energy Ministry's leadership underlined on Monday the need to improve the efficiency of energy conservation programs in order to achieve the ambitious energy planning goals with the funds available, at the Green Deal 2024 conference organized by the Technical Chamber of Greece.

Few people know that residents in areas where renewable energy stations have been installed receive a discount on their electricity bills. It's not a lot of money, but it's a fair reward from the power companies for any nuisance they cause with their projects.

BELGRADE - Serbian FM Marko Djuric and US Under Secretary of State for Economic Growth, Energy, and the Environment Jose W Fernandez will sign an agreement on a Serbia-US strategic partnership in the energy sector in Washington on Wednesday.

The subsidy on household electricity tariffs has been set at 1.4 cents per kilowatt-hour for September, Energy and Environment Minister Thodoros Skylakakis said in an interview with Mega TV on Tuesday.

This way, he said, the retail prices (based on the tariffs announced on Sunday by the providers) will fluctuate at the same levels or a little lower compared to August.

The subsidy on household electricity tariffs was set at 1.4 cents per kilowatt-hour for September, Energy and Environment Minister Theodoros Skylakakis said on Tuesday.

The retail prices (based on the tariffs announced on Sunday by the providers) will fluctuate at the same levels or a little lower compared to August.

Renewable energy investor Alcazar Energy Partners said on Tuesday it has launched the largest wind farm project in North Macedonia with an investment of at least $500 million in debt and equity to help generate 400 megawatts of renewable energy. 

[Reuters]

Major companies like Tesla and Samsung have expressed interest in developing a battery-based electricity storage system in Cyprus, according to Energy, Trade and Industry Minister George Papanastasiou. He announced on Tuesday that formal tenders for the 150-megawatt project will be issued in September.

The large penetration of renewable energy sources and the changes it has brought to Greece's electricity system are bringing structural shifts in the relationship between consumers and electricity.