The European Bank for Reconstruction and Development (EBRD) has announced a tender for the design and construction of three solar power plants on behalf of Bosnia and Herzegovina’s state-owned power utility, Elektroprivreda BiH (EPBiH). The tender includes the Podvelezje 3, Gornja Breza, and Visca solar power plants. Interested bidders have until 26 May to submit […]
Bosnia and Herzegovina: Republic of Srpska grants concession for Nova solar power plant Read More »
The Ministry of Energy and Mining of the Republic of Srpska has signed a concession agreement with local company Helios PV for the construction and operation of the Nova solar power plant, to be located in the Trebinje area. The planned solar facility will have an installed capacity of 12.249 megawatts (MW) and is expected
Albania: ALPEX reports 96 GWh traded in March day-ahead market Read More »
The Albanian electricity exchange, ALPEX, announced that a total of 96 gigawatt-hours (GWh) of electricity were traded on its day-ahead market in March 2025. This marks a 16.1% increase compared to February, but a 25.4% decline year-on-year from March 2024. Breaking down the numbers, 50.5 GWh were traded in the Kosovo bidding zone and 58.1
EU considers boosting U.S. LNG imports to avert tariffs Read More »
The European Union is open to significantly increasing its purchases of liquefied natural gas (LNG) from the United States in an effort to ease tensions with President Donald Trump and potentially prevent new tariffs on EU exports, European Energy Commissioner Dan Jorgensen has indicated. Jorgensen acknowledged that there is room for higher LNG imports from
Montenegro plans 4 GW in renewables, seeks stronger energy ties with Italy Read More »
Montenegro has plans to develop solar and wind energy projects totaling 4,000 MW, according to Admir Šahmanović, Minister of Mining, Oil and Gas and the Coordinator of the Ministry of Energy. Speaking at the Economic Dialogue Montenegro-Italy round table, Šahmanović emphasized the need for stronger bilateral cooperation in the energy sector and highlighted Montenegro’s strong
Greece: Optimus Energy and emsys VPP launch virtual power plant Read More »
Optimus Energy has partnered with the German service provider emsys VPP to deploy its virtual power plant (VPP) for trading renewable energy in Greece’s wholesale electricity and balancing markets. With a portfolio approaching 4 GW of solar and wind power, Optimus Energy is a leading player in Greece, representing half of the renewable energy capacity
Dimitris Skalkos, Secretary General for International Economic Affairs at the Greek Ministry of Foreign Affairs, emphasized the strategic significance of the upcoming gas interconnector with North Macedonia, stating it will bolster the resilience of Europe’s energy system. His remarks were made during the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the
Romania: Petrol proposes increased dividend amid record profits in 2024 Read More »
Slovenian energy company Petrol has proposed a gross dividend of €2.10 per share for the 2024 financial year, marking an increase of €0.30 compared to last year. The proposal, approved by the company’s Supervisory Board, will be presented for shareholder approval at the upcoming general assembly scheduled for the end of May. The dividend increase
TenarisSilcotub, Romania’s top producer of small-diameter seamless pipes, has finalized the construction of a 20 MW solar power plant, marking a key milestone in its sustainability strategy. The $21.5 million project was funded through the company’s own resources and non-repayable European grants via the National Recovery and Resilience Plan. The electricity generated by the new
Greece is preparing to open a tender for offshore oil and gas exploration in the waters south of Crete by the end of April, Energy Minister Stavros Papastavrou announced at the 10th Delphi Economic Forum. The move follows a formal expression of interest from U.S.-based energy giant Chevron. Minister Papastavrou stated that the first government
