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Finnish Olana Energy set to develop BESS project in Lithuania
Finnish IPP Olana Energy Oy has made a final investment decision (FID) for a grid-connected energy storage project in Šalčininkai, Lithuania. The 70 MW / 140 MWh energy storage project (BESS) will be one of the largest in the Baltic region and marks Olana Energy’s first step into the Lithuanian market. The target date for…
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Moldova 2050 draft Energy Strategy announced
Following a series of earlier announcements, The Ministry of Energy of Moldova presented the draft Energy Strategy until 2050. The announcement was made at a public event, attended by key stakeholders from the public and private sectors, civil society, and development partners. The Energy Strategy of the Republic of Moldova until 2050 aims to ensure…
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Zelestra and BKW sign innovative long-term BESS tolling agreement
Zelestra, a global, multi-technology, customer-focused renewable energy company, has signed a long-term tolling agreement with BKW, a leading energy and infrastructure company based in Switzerland, to deliver a large-scale battery energy storage system (BESS) – of up to 2 GWh – in the north of Italy. The agreement is a first of its kind long-term…
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Moldova’s 2025 Parliamentary Elections: A Turning Point for Energy Policy
Parliamentary elections will be held in Moldova in just over a fortnight from today – on 28 September 2025. The outcome of this election will be pivotal to country’s future, including its energy policy, security, and sovereignty. The last parliamentary election in Moldova was held on 11 July 2021, resulting in a landslide victory for…
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greentech reaches Financial Close for £15 million loan with Lombard to build Chalkpit Solar Farm in Kent
greentech, a European solar and storage specialist, and Lombard, a leading UK asset finance provider, have reached financial close on the 25.9 MW Chalkpit Solar Farm in Dover, Kent. The project, backed by Lombard with a £15 million senior debt facility, will see construction begin this month. This represents the first in a series of…
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Deep Dive: Moldova’s Energy Independence Driven by Renewables + Auction Insights
Moldova aims to achieve energy independence by 2030. The government’s action plan outlines 22 actions related to major infrastructure projects, increasing local electricity generation capacity from renewable sources, improving energy efficiency, establishing energy reserves, and integrating energy markets with the EU. Moldova’s proactive measures, supported by EU partnerships and strategic investments, are steering the country…
