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Montenegro: EPCG to launch construction of the Gvozd wind farm in July Read More »

Montenegro: EPCG to launch construction of the Gvozd wind farm in July

The Montenegro Power Utility (EPCG) is set to kick off construction of the Gvozd wind farm in July, with plans also in motion for Gvozd 2, a 30-megawatt (MW) expansion, as announced by Milutin Đukanović, the president of the Board of Directors of the state-owned power company. “Based on our projections, construction was slated to commence a year ago. Unfortunately, […]

Serbia: Could EPS expand in the region? Read More »

Serbia: Could EPS expand in the region?

Serbia’s President, Aleksandar Vučić, made it clear that the sale of EPS (Electric Power Industry of Serbia) is not on the agenda. Instead, he announced plans for Serbia to acquire other power companies in the region, signaling a shift towards regional energy consolidation. However, skepticism looms within the professional sphere regarding the feasibility of such an endeavor,

Bulgaria: Bulgargaz claims 400 million euros from Gazprom for gas supply suspension Read More »

Bulgaria: Bulgargaz claims 400 million euros from Gazprom for gas supply suspension

The management of natural gas supplier Bulgargaz decided to seek 400 million euros from Gazprom for the 2022 suspension of fuel supplies. The decision was published by Energy Minister Vladimir Malinov at a news briefing. Gazprom cut off gas supplies to Bulgaria as of April 27, 2022, after Bulgaria refused to pay in rubles as demanded by

Republika Srpska: EFT completed the construction of 60 MW Bileća solar park Read More »

Republika Srpska: EFT completed the construction of 60 MW Bileća solar park

Petar Đokić, Minister of Mining and Energy of the Republika Srpska, announced that the company’s Energy Financing Team completed the construction of the Bileća solar power plant, with an installed capacity of 60 MW. The solar park is located at the Zarečje location and covers 133 hectares. It is estimated that the plant will produce around 84 GWh

Serbia: EPS signed contracts with 750 MW RES power plants Read More »

Serbia: EPS signed contracts with 750 MW RES power plants

Construction of the Bistrica pumped-storage power plant, a one-gigawatt solar power plant, as well as the Petka solar power plant and the Kostolac wind farm, are essential development projects of Elektroprivreda Srbije throughout its energy transition. These investments are accompanied by desulphurization projects in thermal power plants, which will have to be online until the generation goals have been met –

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