A transformative energy project in Croatia's Dalmatian region aims to harness the sun and wind, promising cleaner, greener power for thousands of households. KORLAT, Croatia, May 15 (Xinhua) -- The groundbreaking ceremony for Croatia's largest photovoltaic power project, to be constructed by Chinese companies, was held Thursday in Korlat. . The European Bank for Reconstruction and Development (EBRD) is providing a direct equity investment of up to €16. 8 million in IE‑Energy Projekt, a newly established joint‑stock company developing a greenfield battery energy storage system (BESS) and virtual power plant (VPP) in Šibenik, Croatia.
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Middle East: Saudi Arabia and the UAE are expanding investments in Chinese battery energy storage systems to support their ambitious renewable energy targets, leveraging plunging battery prices to accelerate the shift from fossil fuels to solar and wind power. Saudi Arabia and the United Arab. .
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China has set another world record in the field of renewable energy. The country built a huge solar energy farm covering half of Moscow's territory. According to the data, the Talatan solar panel on the Tibetan Plateau is located at an altitude of almost 3. . China is a solar energy hub that houses a number of the world's largest solar power plants. Over the last few years, China, which is the top emitter of greenhouse gases (GHG), has increased its share of renewable electricity generation. Its PV capacity crossed 1,000 gigawatt (one terawatt, 1 TW) in May 2025.
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