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US to pay German energy company $1.2 billion to abandon offshore wind farm project
The Trump administration is prioritizing investment in natural gas over offshore wind energy
Greece–Cyprus power interconnection agreement signed: Mitsotakis says Meridiam’s investment is a strong vote of confidence in Greece
The French infrastructure giant acquires a majority stake in Great Sea Interconnector, strengthening the project's financial backing and accelerating the strategic electricity link between Greece and Cyprus
France strengthens Greece–Cyprus power link as Meridiam acquires majority stake
The agreement for Meridiam to acquire a majority stake in the Great Sea Interconnector will be signed in the presence of Prime Minister Kyriakos Mitsotakis. A separate tripartite agreement with Nexans for seabed surveys will also be signed
Low water levels on the Danube and Rhine force nuclear reactor shutdowns, raise blackout fears, and disrupt commercial transport
Romania and Hungary are on energy alert, car factories are suspending production, and authorities are urging citizens to cut electricity consumption. Meanwhile, Germany is facing disruptions to freight transport, while farmers in the Netherlands and Italy are struggling with worsening drought conditions
Iranian media outlet highlights energy infrastructure in Greece & Cyprus – Revythousa, Alexandroupoli & Kronos are “potential targets for Tehran”
The report claims that the recent attack by Ukrainian forces on a ship linked to Iran in the Caspian Sea is changing the situation
Balcony solar panels: New framework for self-consumption, batteries & cheaper electricity
A new regulatory framework opens the way for solar panels on balconies, energy storage systems, and easier self-consumption. The changes expand the participation of households and businesses, strengthening energy independence and reducing electricity costs
Cyprus condemns the illegal memorandum of understanding between Turkey and the occupied territories regarding the construction of a natural gas pipeline
The statement notes, among other things, that this “memorandum” is yet another manifestation of Turkey’s revisionist policy in the Eastern Mediterranean
Vertical Corridor: Interest in natural gas exports to six countries in Southeast Europe
Atlantic See is promoting agreements to supply natural gas via Greece to countries in Southeast Europe, as part of the “vertical corridor” LNG, with the goal of ensuring long-term supplies and strengthening the region’s energy security
